Dynamic Technology Lab Private Ltd purchased a new stake in Agilent Technologies, Inc. (NYSE:A – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 20,410 shares of the medical research company’s stock, valued at approximately $2,777,000. Agilent Technologies accounts for about 0.6% of Dynamic Technology Lab Private Ltd’s investment portfolio, making the stock its 8th largest position.
A number of other hedge funds have also recently bought and sold shares of A. Core Wealth Advisors LLC bought a new position in shares of Agilent Technologies during the 4th quarter worth about $26,000. Board of the Pension Protection Fund bought a new position in shares of Agilent Technologies during the 4th quarter worth about $27,000. Navalign LLC bought a new position in shares of Agilent Technologies during the 4th quarter worth about $27,000. Entrust Financial LLC bought a new position in shares of Agilent Technologies during the 4th quarter worth about $31,000. Finally, Torren Management LLC bought a new position in shares of Agilent Technologies during the 4th quarter worth about $32,000.
Agilent Technologies Trading Up 0.2%
Shares of Agilent Technologies stock opened at $129.76 on Friday. The stock has a market capitalization of $36.65 billion, a P/E ratio of 26.06, a price-to-earnings-growth ratio of 2.31 and a beta of 1.26. The company has a quick ratio of 1.62, a current ratio of 2.10 and a debt-to-equity ratio of 0.43. The company has a 50-day simple moving average of $120.24 and a 200 day simple moving average of $127.86. Agilent Technologies, Inc. has a 12-month low of $108.35 and a 12-month high of $160.27.
Agilent Technologies Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th will be given a dividend of $0.255 per share. The ex-dividend date is Tuesday, June 30th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.8%. Agilent Technologies’s dividend payout ratio (DPR) is 20.48%.
Analyst Ratings Changes
A has been the subject of a number of analyst reports. Piper Sandler initiated coverage on shares of Agilent Technologies in a report on Thursday. They set a “neutral” rating and a $150.00 price objective for the company. UBS Group 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 report on Thursday, February 26th. TD Cowen raised their price objective on shares of Agilent Technologies from $147.00 to $155.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Morgan Stanley reduced their price objective on shares of Agilent Technologies from $180.00 to $160.00 and set an “overweight” rating for the company in a report on Tuesday, March 3rd. Finally, 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 report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $160.93.
View Our Latest Stock Analysis on A
Agilent Technologies Company Profile
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.
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