Agilent Technologies (NYSE:A) Downgraded by Wall Street Zen to “Hold”

Wall Street Zen cut shares of Agilent Technologies (NYSE:A) from a buy rating to a hold rating in a research note issued to investors on Saturday morning.

A has been the subject of a number of other research reports. Bank of America upgraded Agilent Technologies from a “neutral” rating to a “buy” rating and decreased their price target for the company from $150.00 to $145.00 in a research report on Thursday, May 28th. Royal Bank Of Canada initiated coverage on Agilent Technologies in a report on Wednesday, May 27th. They set an “outperform” rating and a $153.00 price objective on the stock. HSBC reduced their price objective on shares of Agilent Technologies from $180.00 to $165.00 and set a “buy” rating for the company in a research note on Wednesday, June 3rd. Piper Sandler began coverage on shares of Agilent Technologies in a research report on Thursday, June 11th. They issued a “neutral” rating and a $150.00 target price on the stock. Finally, Sanford C. Bernstein initiated coverage on shares of Agilent Technologies in a report on Friday, June 26th. They set an “outperform” rating and a $155.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $159.35.

Agilent Technologies Price Performance

NYSE A opened at $138.65 on Friday. The stock has a market capitalization of $39.16 billion, a P/E ratio of 27.84, a P/E/G ratio of 2.46 and a beta of 1.25. Agilent Technologies has a 1 year low of $108.35 and a 1 year high of $160.27. The business’s fifty day moving average is $129.75 and its two-hundred day moving average is $125.55. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.62 and a current ratio of 2.10.

Agilent Technologies (NYSE:A) last announced its quarterly earnings data on Wednesday, May 27th. The medical research company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.08. The company had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.80 billion. Agilent Technologies had a return on equity of 24.33% and a net margin of 19.55%.The company’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. On average, research analysts forecast that Agilent Technologies will post 6.01 earnings per share for the current fiscal year.

Agilent Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th were paid a $0.255 dividend. This represents a $1.02 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, June 30th. Agilent Technologies’s dividend payout ratio is currently 20.48%.

Hedge Funds Weigh In On Agilent Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the business. Core Wealth Advisors LLC acquired a new stake in shares of Agilent Technologies during the fourth quarter worth approximately $26,000. SHP Wealth Management purchased a new position in Agilent Technologies during the fourth quarter valued at approximately $26,000. Navalign LLC acquired a new position in Agilent Technologies in the 4th quarter valued at approximately $27,000. Cedar Mountain Advisors LLC acquired a new position in Agilent Technologies in the 1st quarter valued at approximately $27,000. Finally, MV Capital Management Inc. purchased a new stake in Agilent Technologies in the 4th quarter worth approximately $28,000.

About Agilent Technologies

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.