Rossby Financial LCC Sells 155 Shares of Agilent Technologies, Inc. (NYSE:A)

Rossby Financial LCC decreased its stake in Agilent Technologies, Inc. (NYSE:A) by 9.1% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,543 shares of the medical research company’s stock after selling 155 shares during the period. Rossby Financial LCC’s holdings in Agilent Technologies were worth $181,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of Agilent Technologies during the 4th quarter valued at $456,963,000. Madison Investment Advisors LLC bought a new stake in Agilent Technologies during the fourth quarter valued at about $94,051,000. GAMMA Investing LLC lifted its position in shares of Agilent Technologies by 15,648.1% in the first quarter. GAMMA Investing LLC now owns 627,247 shares of the medical research company’s stock valued at $73,375,000 after acquiring an additional 623,264 shares in the last quarter. Two Sigma Investments LP lifted its position in shares of Agilent Technologies by 345.9% in the fourth quarter. Two Sigma Investments LP now owns 769,897 shares of the medical research company’s stock valued at $103,428,000 after acquiring an additional 597,249 shares in the last quarter. Finally, Iron Triangle Partners LP bought a new position in shares of Agilent Technologies in the fourth quarter worth about $80,110,000.

Wall Street Analysts Forecast Growth

A has been the topic of a number of research analyst reports. Barclays boosted their price target on Agilent Technologies from $115.00 to $125.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 24th. JPMorgan Chase & Co. reduced their price objective on shares of Agilent Technologies from $160.00 to $155.00 and set an “overweight” rating on the stock in a research report on Thursday, May 29th. Robert W. Baird lowered their target price on shares of Agilent Technologies from $159.00 to $140.00 and set an “outperform” rating on the stock in a report on Thursday, May 22nd. UBS Group cut their target price on shares of Agilent Technologies from $150.00 to $130.00 and set a “neutral” rating for the company in a research note on Thursday, May 29th. Finally, TD Cowen lifted their price target on shares of Agilent Technologies to $150.00 and gave the company a “buy” rating in a report on Thursday, May 29th. Six equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $140.92.

Agilent Technologies Price Performance

A stock opened at $120.95 on Thursday. Agilent Technologies, Inc. has a 52 week low of $96.43 and a 52 week high of $153.84. The firm has a market capitalization of $34.36 billion, a P/E ratio of 29.86, a price-to-earnings-growth ratio of 3.65 and a beta of 1.23. The company has a fifty day simple moving average of $113.21 and a two-hundred day simple moving average of $123.49. The company has a quick ratio of 1.60, a current ratio of 2.09 and a debt-to-equity ratio of 0.55.

Agilent Technologies (NYSE:A) last announced its quarterly earnings results on Wednesday, May 28th. The medical research company reported $1.31 EPS for the quarter, beating analysts’ consensus estimates of $1.26 by $0.05. Agilent Technologies had a net margin of 17.59% and a return on equity of 25.92%. The firm had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter last year, the firm earned $1.22 EPS. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. Analysts anticipate that Agilent Technologies, Inc. will post 5.58 earnings per share for the current fiscal year.

Agilent Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 23rd. Stockholders of record on Tuesday, July 1st will be given a dividend of $0.248 per share. This represents a $0.99 annualized dividend and a dividend yield of 0.82%. The ex-dividend date of this dividend is Tuesday, July 1st. Agilent Technologies’s dividend payout ratio is currently 24.44%.

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.