Nomura Asset Management Co. Ltd. Boosts Stock Position in Agilent Technologies, Inc. $A

Nomura Asset Management Co. Ltd. raised its stake in Agilent Technologies, Inc. (NYSE:A) by 4.7% during the 2nd quarter, HoldingsChannel reports. The firm owned 92,433 shares of the medical research company’s stock after acquiring an additional 4,108 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Agilent Technologies were worth $10,908,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on A. Robert W. Baird boosted their price target on shares of Agilent Technologies from $141.00 to $142.00 and gave the stock an “outperform” rating in a research note on Thursday, August 28th. JPMorgan Chase & Co. lifted their price objective on Agilent Technologies from $155.00 to $165.00 and gave the company an “overweight” rating in a report on Thursday, October 9th. Rothschild Redb raised Agilent Technologies to a “strong-buy” rating in a research note on Wednesday, October 8th. Wells Fargo & Company raised their price target on Agilent Technologies from $140.00 to $150.00 and gave the company an “overweight” rating in a report on Monday, September 15th. Finally, Evercore ISI lifted their price target on Agilent Technologies from $128.00 to $140.00 and gave the company an “in-line” rating in a research note on Tuesday, October 7th. 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 company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $149.62.

Agilent Technologies Stock Performance

Agilent Technologies stock opened at $144.62 on Thursday. Agilent Technologies, Inc. has a fifty-two week low of $96.43 and a fifty-two week high of $153.84. The company has a market capitalization of $41.00 billion, a price-to-earnings ratio of 33.95, a PEG ratio of 4.67 and a beta of 1.29. The stock has a fifty day moving average of $138.72 and a two-hundred day moving average of $124.66. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.71 and a current ratio of 2.25.

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

Agilent Technologies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 28th. Stockholders of record on Tuesday, January 6th will be issued a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.7%. This is a boost from Agilent Technologies’s previous quarterly dividend of $0.25. The ex-dividend date is Tuesday, January 6th. Agilent Technologies’s payout ratio is presently 23.24%.

Insider Activity

In related news, CEO Padraig Mcdonnell sold 12,490 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $150.00, for a total transaction of $1,873,500.00. Following the transaction, the chief executive officer owned 33,448 shares of the company’s stock, valued at approximately $5,017,200. This represents a 27.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.26% of the company’s stock.

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.