Keeley Teton Advisors LLC cut its stake in shares of Agilent Technologies, Inc. (NYSE:A – Free Report) by 5.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,924 shares of the medical research company’s stock after selling 403 shares during the period. Keeley Teton Advisors LLC’s holdings in Agilent Technologies were worth $930,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in A. Guggenheim Capital LLC increased its position in Agilent Technologies by 3.5% during the fourth quarter. Guggenheim Capital LLC now owns 9,804 shares of the medical research company’s stock worth $1,317,000 after acquiring an additional 332 shares during the period. Rossby Financial LCC bought a new position in shares of Agilent Technologies during the fourth quarter worth approximately $228,000. Aware Super Pty Ltd as trustee of Aware Super acquired a new stake in shares of Agilent Technologies in the fourth quarter valued at approximately $16,064,000. Canada Post Corp Registered Pension Plan bought a new stake in shares of Agilent Technologies in the fourth quarter valued at approximately $5,092,000. Finally, Synovus Financial Corp grew its position in Agilent Technologies by 7.7% during the fourth quarter. Synovus Financial Corp now owns 1,934 shares of the medical research company’s stock worth $260,000 after buying an additional 139 shares in the last quarter.
Insider Buying and Selling
In related news, VP Rodney Gonsalves sold 1,908 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $121.98, for a total value of $232,737.84. Following the sale, the vice president now directly owns 21,786 shares in the company, valued at $2,657,456.28. This represents a 8.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Daniel K. Podolsky sold 1,819 shares of the firm’s stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $116.46, for a total transaction of $211,840.74. Following the transaction, the director now owns 35,737 shares of the company’s stock, valued at approximately $4,161,931.02. The trade was a 4.84 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 5,638 shares of company stock worth $731,229 in the last ninety days.
Agilent Technologies Stock Performance
Agilent Technologies (NYSE:A – Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The medical research company reported $1.31 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 25.56% and a net margin of 19.27%. On average, equities analysts forecast that Agilent Technologies, Inc. will post 5.55 earnings per share for the current fiscal year.
Agilent Technologies Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Tuesday, April 1st will be issued a $0.248 dividend. 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 (DPR) is presently 22.76%.
Analysts Set New Price Targets
A number of research firms have recently weighed in on A. Barclays cut their target price on Agilent Technologies from $138.00 to $115.00 and set an “equal weight” rating for the company in a research report on Thursday, April 10th. Robert W. Baird cut their price objective on shares of Agilent Technologies from $161.00 to $159.00 and set an “outperform” rating for the company in a research report on Thursday, February 27th. Citigroup raised their target price on shares of Agilent Technologies to $165.00 and gave the company a “buy” rating in a report on Thursday, December 19th. TD Cowen upped their price target on shares of Agilent Technologies to $135.00 and gave the stock a “buy” rating in a report on Thursday, April 10th. Finally, StockNews.com upgraded shares of Agilent Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday, December 24th. Seven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $146.25.
Read Our Latest Stock Analysis on Agilent Technologies
Agilent Technologies Company 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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