Varma Mutual Pension Insurance Co Makes New Investment in Agilent Technologies, Inc. $A

Varma Mutual Pension Insurance Co bought a new stake in Agilent Technologies, Inc. (NYSE:A) during the second quarter, Holdings Channel.com reports. The firm bought 85,371 shares of the medical research company’s stock, valued at approximately $11,340,000.

A number of other hedge funds have also modified their holdings of the business. Norges Bank acquired a new stake in shares of Agilent Technologies during the 4th quarter worth about $549,158,000. Bank of New York Mellon Corp lifted its position in Agilent Technologies by 87.4% in the second quarter. Bank of New York Mellon Corp now owns 5,233,964 shares of the medical research company’s stock valued at $695,227,000 after buying an additional 2,440,360 shares during the last quarter. AQR Capital Management LLC boosted its stake in Agilent Technologies by 424.1% during the second quarter. AQR Capital Management LLC now owns 2,041,826 shares of the medical research company’s stock worth $240,956,000 after buying an additional 1,652,244 shares during the period. Ameriprise Financial Inc. boosted its stake in Agilent Technologies by 132.2% during the second quarter. Ameriprise Financial Inc. now owns 2,354,111 shares of the medical research company’s stock worth $277,807,000 after buying an additional 1,340,161 shares during the period. Finally, William Blair Investment Management LLC acquired a new stake in shares of Agilent Technologies during the second quarter valued at about $170,987,000.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Wall Street Zen raised shares of Agilent Technologies from a “hold” rating to a “buy” rating in a research note on Sunday, August 2nd. Jefferies Financial Group initiated coverage on shares of Agilent Technologies in a research report on Thursday, July 9th. They set a “hold” rating and a $135.00 price objective for the company. Weiss Ratings raised Agilent Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. TD Cowen upped their price target on Agilent Technologies from $147.00 to $155.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Finally, HSBC lowered their price target on Agilent Technologies from $180.00 to $165.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $160.24.

Agilent Technologies Stock Performance

NYSE:A opened at $159.25 on Monday. Agilent Technologies, Inc. has a 52 week low of $108.35 and a 52 week high of $160.51. The company has a market cap of $44.98 billion, a price-to-earnings ratio of 31.98, a price-to-earnings-growth ratio of 2.80 and a beta of 1.25. The company has a quick ratio of 1.62, a current ratio of 2.10 and a debt-to-equity ratio of 0.43. The company has a fifty day simple moving average of $137.57 and a two-hundred day simple moving average of $126.17.

Agilent Technologies (NYSE:A) last released its earnings results on Wednesday, May 27th. The medical research company reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.08. The firm had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.80 billion. Agilent Technologies had a net margin of 19.55% and a return on equity of 24.33%. The business’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.31 earnings per share. 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. As a group, equities analysts anticipate that Agilent Technologies, Inc. will post 6.05 earnings per share for the current fiscal year.

About Agilent Technologies

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.