Aster Capital Management DIFC Ltd lessened its holdings in shares of Agilent Technologies, Inc. (NYSE:A – Free Report) by 57.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,670 shares of the medical research company’s stock after selling 5,009 shares during the quarter. Aster Capital Management DIFC Ltd’s holdings in Agilent Technologies were worth $493,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of A. CKW Financial Group raised its holdings in Agilent Technologies by 114.9% in the 4th quarter. CKW Financial Group now owns 187 shares of the medical research company’s stock valued at $25,000 after acquiring an additional 100 shares during the period. Global X Japan Co. Ltd. grew its position in shares of Agilent Technologies by 161.1% in the fourth quarter. Global X Japan Co. Ltd. now owns 188 shares of the medical research company’s stock valued at $25,000 after purchasing an additional 116 shares during the last quarter. Lee Danner & Bass Inc. bought a new position in shares of Agilent Technologies during the fourth quarter worth approximately $29,000. Hanson & Doremus Investment Management lifted its holdings in Agilent Technologies by 66.5% during the 4th quarter. Hanson & Doremus Investment Management now owns 263 shares of the medical research company’s stock worth $35,000 after purchasing an additional 105 shares during the last quarter. Finally, OFI Invest Asset Management bought a new stake in Agilent Technologies in the 4th quarter valued at $37,000.
Analyst Upgrades and Downgrades
A has been the subject of a number of research reports. Barclays raised Agilent Technologies from an “underweight” rating to an “equal weight” rating and lifted their target price for the stock from $135.00 to $145.00 in a report on Monday, February 10th. StockNews.com upgraded shares of Agilent Technologies from a “hold” rating to a “buy” rating in a research note on Tuesday, December 24th. Robert W. Baird decreased their target price on shares of Agilent Technologies from $161.00 to $159.00 and set an “outperform” rating on the stock in a research report on Thursday, February 27th. Bank of America dropped their price target on shares of Agilent Technologies from $153.00 to $150.00 and set a “neutral” rating for the company in a research report on Friday, December 13th. Finally, Citigroup increased their price target on Agilent Technologies to $165.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Agilent Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $150.83.
Agilent Technologies Price Performance
Shares of A stock opened at $102.97 on Monday. The business has a fifty day simple moving average of $130.34 and a 200 day simple moving average of $135.71. The company has a market cap of $29.36 billion, a P/E ratio of 23.67, a P/E/G ratio of 2.89 and a beta of 1.19. The company has a quick ratio of 1.66, a current ratio of 2.20 and a debt-to-equity ratio of 0.56. Agilent Technologies, Inc. has a twelve month low of $101.80 and a twelve month high of $155.35.
Agilent Technologies (NYSE:A – Get Free Report) last posted its earnings results on Wednesday, February 26th. The medical research company reported $1.31 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.04. The firm had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.67 billion. Agilent Technologies had a net margin of 19.27% and a return on equity of 25.56%. On average, sell-side analysts forecast that Agilent Technologies, Inc. will post 5.57 EPS for the current fiscal year.
Agilent Technologies Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Tuesday, April 1st will be given a dividend of $0.248 per share. The ex-dividend date is Tuesday, April 1st. This represents a $0.99 dividend on an annualized basis and a yield of 0.96%. Agilent Technologies’s dividend payout ratio is currently 22.76%.
Insiders Place Their Bets
In other Agilent Technologies news, Director Daniel K. Podolsky sold 1,819 shares of the company’s stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $116.46, for a total value of $211,840.74. Following the completion of the transaction, the director now directly owns 35,737 shares in the company, valued at approximately $4,161,931.02. This represents a 4.84 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Rodney Gonsalves sold 1,908 shares of Agilent Technologies stock in a transaction on Monday, March 17th. The stock was sold at an average price of $121.98, for a total transaction of $232,737.84. Following the transaction, the vice president now owns 21,786 shares in the company, valued at approximately $2,657,456.28. This trade represents a 8.05 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 5,638 shares of company stock valued at $731,229 in the last 90 days.
Agilent Technologies Profile
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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