Jennison Associates LLC Has $39.06 Million Holdings in Agilent Technologies, Inc. $A

Jennison Associates LLC decreased its holdings in Agilent Technologies, Inc. (NYSE:A) by 43.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 342,707 shares of the medical research company’s stock after selling 263,609 shares during the quarter. Jennison Associates LLC’s holdings in Agilent Technologies were worth $39,062,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. SHP Wealth Management acquired a new position in Agilent Technologies during the 4th quarter worth about $26,000. Core Wealth Advisors LLC acquired a new stake in shares of Agilent Technologies in the fourth quarter valued at about $26,000. Navalign LLC bought a new position in shares of Agilent Technologies during the fourth quarter worth about $27,000. MV Capital Management Inc. bought a new position in shares of Agilent Technologies during the fourth quarter worth about $28,000. Finally, Entrust Financial LLC acquired a new position in shares of Agilent Technologies in the fourth quarter worth approximately $31,000.

Analyst Upgrades and Downgrades

Several analysts recently commented on A shares. Piper Sandler assumed coverage on Agilent Technologies in a report on Thursday, June 11th. They issued a “neutral” rating and a $150.00 target price on the stock. Wells Fargo & Company reduced their price objective on shares of Agilent Technologies from $165.00 to $160.00 and set an “overweight” rating on the stock in a research note on Thursday, May 28th. HSBC decreased their price objective on shares of Agilent Technologies from $180.00 to $165.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. Barclays boosted their target price on shares of Agilent Technologies from $145.00 to $150.00 and gave the company an “overweight” rating in a report on Wednesday, June 24th. Finally, Royal Bank Of Canada assumed coverage on shares of Agilent Technologies in a research report on Wednesday, May 27th. They set an “outperform” rating and a $153.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Agilent Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $159.35.

Agilent Technologies Price Performance

Shares of A opened at $130.55 on Tuesday. The firm has a market cap of $36.87 billion, a PE ratio of 26.21, a price-to-earnings-growth ratio of 2.34 and a beta of 1.25. Agilent Technologies, Inc. has a 52-week low of $108.35 and a 52-week high of $160.27. The business’s 50 day moving average price is $127.87 and its two-hundred day moving average price is $125.49. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.62 and a current ratio of 2.10.

Agilent Technologies (NYSE:A) last announced its quarterly earnings data on Wednesday, May 27th. The medical research company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.41 by $0.08. The company had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.80 billion. Agilent Technologies had a net margin of 19.55% and a return on equity of 24.33%. The company’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.31 EPS. Agilent Technologies has set its FY 2026 guidance at 6.000-6.100 EPS and its Q3 2026 guidance at 1.480-1.500 EPS. On average, equities analysts anticipate that Agilent Technologies, Inc. will post 6 EPS for the current year.

Agilent Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 30th. Agilent Technologies’s dividend payout ratio is 20.48%.

Agilent Technologies Company Profile

Agilent Technologies is a global provider of scientific instrumentation, consumables, software and services for laboratories across the life sciences, diagnostics and applied chemical markets. The company’s product portfolio includes analytical instruments such as liquid and gas chromatographs, mass spectrometers, spectroscopy systems, and laboratory automation solutions, together with reagents, supplies and informatics tools that support measurement, testing and data analysis workflows. Agilent also offers instrument maintenance, qualification and laboratory services designed to help customers improve productivity and comply with regulatory requirements.

Founded as a corporate spin-off from Hewlett?Packard in 1999, Agilent has evolved through a combination of strategic restructuring and acquisitions to concentrate on life sciences, diagnostics and applied laboratories.