Agilent Technologies, Inc. $A is Impax Asset Management Group plc’s 8th Largest Position

Impax Asset Management Group plc raised its position in Agilent Technologies, Inc. (NYSE:A) by 3.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,022,842 shares of the medical research company’s stock after acquiring an additional 91,048 shares during the quarter. Agilent Technologies makes up 2.1% of Impax Asset Management Group plc’s investment portfolio, making the stock its 8th largest position. Impax Asset Management Group plc’s holdings in Agilent Technologies were worth $356,726,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Stone House Investment Management LLC bought a new stake in shares of Agilent Technologies in the first quarter worth about $30,000. Ransom Advisory Ltd purchased a new stake in Agilent Technologies in the 1st quarter worth approximately $32,000. Central Pacific Bank Trust Division bought a new stake in shares of Agilent Technologies in the 2nd quarter worth approximately $33,000. Zions Bancorporation National Association UT bought a new stake in shares of Agilent Technologies in the 1st quarter worth approximately $38,000. Finally, Costello Asset Management INC purchased a new position in shares of Agilent Technologies during the first quarter valued at approximately $47,000. 87.41% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on A. JPMorgan Chase & Co. raised their price target on Agilent Technologies from $155.00 to $165.00 and gave the stock an “overweight” rating in a research note on Thursday, October 9th. Rothschild Redb raised shares of Agilent Technologies to a “strong-buy” rating in a research report on Wednesday, October 8th. Barclays lifted their target price on shares of Agilent Technologies from $125.00 to $150.00 and gave the company an “equal weight” rating in a research note on Thursday, October 2nd. TD Cowen raised their price objective on shares of Agilent Technologies from $150.00 to $162.00 and gave the stock a “buy” rating in a report on Tuesday, October 14th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Agilent Technologies in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Agilent Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $149.62.

Agilent Technologies Trading Up 1.4%

Shares of NYSE A opened at $151.53 on Thursday. Agilent Technologies, Inc. has a 1 year low of $96.43 and a 1 year high of $153.84. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.25 and a quick ratio of 1.71. The firm has a 50-day moving average of $136.91 and a 200 day moving average of $123.33. The stock has a market cap of $42.96 billion, a P/E ratio of 35.57, a price-to-earnings-growth ratio of 4.67 and a beta of 1.29.

Agilent Technologies (NYSE:A) last announced its earnings results on Wednesday, August 27th. The medical research company reported $1.37 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.37. Agilent Technologies had a net margin of 17.97% and a return on equity of 25.51%. The business had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter last year, the firm earned $1.32 earnings per share. The business’s revenue for the quarter was up 10.1% on a year-over-year basis. Agilent Technologies has set its FY 2025 guidance at 5.560-5.590 EPS. Q4 2025 guidance at 1.570-1.600 EPS. As a group, sell-side analysts expect that Agilent Technologies, Inc. will post 5.58 EPS for the current fiscal year.

Agilent Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 22nd. Stockholders of record on Tuesday, September 30th were paid a $0.248 dividend. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, September 30th. Agilent Technologies’s dividend payout ratio is currently 23.24%.

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.