William Blair Investment Management LLC trimmed its stake in Agilent Technologies, Inc. (NYSE:A – Free Report) by 0.1% in the fourth quarter, HoldingsChannel reports. The firm owned 1,660,319 shares of the medical research company’s stock after selling 1,599 shares during the period. William Blair Investment Management LLC’s holdings in Agilent Technologies were worth $223,047,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of A. Madison Investment Advisors LLC acquired a new stake in Agilent Technologies in the fourth quarter worth $94,051,000. Massachusetts Financial Services Co. MA grew its holdings in Agilent Technologies by 3.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 15,589,874 shares of the medical research company’s stock worth $2,314,784,000 after purchasing an additional 525,214 shares during the period. FMR LLC lifted its stake in shares of Agilent Technologies by 62.2% in the third quarter. FMR LLC now owns 1,287,665 shares of the medical research company’s stock valued at $191,193,000 after buying an additional 493,947 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Agilent Technologies in the fourth quarter valued at $48,172,000. Finally, Worldquant Millennium Advisors LLC bought a new position in shares of Agilent Technologies in the third quarter valued at $49,449,000.
Wall Street Analyst Weigh In
A number of research firms have weighed in on A. Citigroup raised their price objective on shares of Agilent Technologies to $165.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Robert W. Baird dropped their price objective on shares of Agilent Technologies from $161.00 to $159.00 and set an “outperform” rating on the stock in a research note on Thursday, February 27th. JPMorgan Chase & Co. dropped 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 Tuesday, November 26th. Sanford C. Bernstein dropped their price objective on shares of Agilent Technologies from $140.00 to $135.00 and set a “market perform” rating on the stock in a research note on Tuesday, November 26th. Finally, Bank of America dropped their price objective on shares of Agilent Technologies from $153.00 to $150.00 and set a “neutral” rating on the stock in a research note on Friday, December 13th. Seven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Agilent Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $146.15.
Agilent Technologies Stock Performance
Shares of A stock opened at $121.53 on Monday. The firm has a market cap of $34.65 billion, a price-to-earnings ratio of 27.94, a P/E/G ratio of 3.40 and a beta of 1.11. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.66 and a current ratio of 2.20. Agilent Technologies, Inc. has a 52 week low of $117.17 and a 52 week high of $155.35. The firm’s 50-day simple moving average is $138.26 and its two-hundred day simple moving average is $137.96.
Agilent Technologies (NYSE:A – Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The medical research company reported $1.31 EPS for the quarter, topping the consensus estimate of $1.27 by $0.04. The business had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.67 billion. Agilent Technologies had a net margin of 19.27% and a return on equity of 25.56%. As a group, equities analysts forecast that Agilent Technologies, Inc. will post 5.57 earnings per share for the current year.
Agilent Technologies Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Tuesday, April 1st will be given a $0.248 dividend. This represents a $0.99 annualized dividend and a yield of 0.82%. The ex-dividend date is Tuesday, April 1st. Agilent Technologies’s dividend payout ratio is 22.76%.
Insiders Place Their Bets
In other Agilent Technologies news, CEO Padraig Mcdonnell sold 1,911 shares of Agilent Technologies stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $150.00, for a total value of $286,650.00. Following the sale, the chief executive officer now owns 39,652 shares of the company’s stock, valued at approximately $5,947,800. The trade was a 4.60 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
About Agilent Technologies
Agilent Technologies, Inc provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. The company operates in three segments: Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emission spectrometry instruments; inductively coupled plasma optical emission spectrometry instruments; raman spectroscopy; cell analysis plate based assays; flow cytometer; real-time cell analyzer; cell imaging systems; microplate reader; laboratory software; information management and analytics; laboratory automation and robotic systems; dissolution testing; and vacuum pumps, and measurement technologies.
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