Vestcor Inc reduced its stake in Agilent Technologies, Inc. (NYSE:A – Free Report) by 31.8% during the 4th quarter, HoldingsChannel reports. The fund owned 11,374 shares of the medical research company’s stock after selling 5,308 shares during the quarter. Vestcor Inc’s holdings in Agilent Technologies were worth $1,548,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Core Wealth Advisors LLC bought a new position in Agilent Technologies during the 4th quarter worth about $26,000. Board of the Pension Protection Fund bought a new stake in shares of Agilent Technologies in the fourth quarter valued at about $27,000. Navalign LLC bought a new stake in shares of Agilent Technologies in the fourth quarter valued at about $27,000. Entrust Financial LLC acquired a new position in shares of Agilent Technologies during the fourth quarter worth about $31,000. Finally, Torren Management LLC acquired a new position in shares of Agilent Technologies during the fourth quarter worth about $32,000.
Analysts Set New Price Targets
A number of brokerages recently issued reports on A. Wolfe Research reissued a “hold” rating on shares of Agilent Technologies in a research report on Tuesday, June 2nd. UBS Group cut their target price on Agilent Technologies from $180.00 to $165.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Bank of America raised Agilent Technologies from a “neutral” rating to a “buy” rating and reduced their price target for the stock from $150.00 to $145.00 in a research report on Thursday, May 28th. Royal Bank Of Canada assumed coverage on shares of Agilent Technologies in a research note on Wednesday, May 27th. They set an “outperform” rating and a $153.00 price target for the company. Finally, HSBC lowered their price objective on shares of Agilent Technologies from $180.00 to $165.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $161.71.
Agilent Technologies Stock Up 0.0%
A stock opened at $135.51 on Monday. The company has a market cap of $38.27 billion, a price-to-earnings ratio of 27.21, a P/E/G ratio of 2.41 and a beta of 1.26. Agilent Technologies, Inc. has a twelve month low of $108.35 and a twelve month high of $160.27. The business has a 50 day moving average price of $118.35 and a two-hundred day moving average price of $128.24. The company has a quick ratio of 1.62, a current ratio of 2.10 and a debt-to-equity ratio of 0.43.
Agilent Technologies (NYSE:A – Get Free Report) last announced its quarterly earnings data on Wednesday, May 27th. The medical research company reported $1.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.08. The company had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.80 billion. Agilent Technologies had a return on equity of 24.33% and a net margin of 19.55%.The business’s revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the business 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. Analysts anticipate that Agilent Technologies, Inc. will post 5.99 EPS for the current fiscal year.
Agilent Technologies Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a 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 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.
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