Panagora Asset Management Inc. boosted its position in shares of Agilent Technologies, Inc. (NYSE:A – Free Report) by 41.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 380,494 shares of the medical research company’s stock after purchasing an additional 110,667 shares during the period. Panagora Asset Management Inc.’s holdings in Agilent Technologies were worth $51,774,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Core Wealth Advisors LLC acquired a new stake in Agilent Technologies during the 4th quarter valued at $26,000. Board of the Pension Protection Fund acquired a new stake in Agilent Technologies during the 4th quarter valued at $27,000. Navalign LLC acquired a new stake in Agilent Technologies during the 4th quarter valued at $27,000. Entrust Financial LLC acquired a new stake in Agilent Technologies during the 4th quarter valued at $31,000. Finally, Torren Management LLC acquired a new stake in Agilent Technologies during the 4th quarter valued at $32,000.
Agilent Technologies Price Performance
Shares of A stock opened at $130.52 on Tuesday. The firm has a market cap of $36.86 billion, a P/E ratio of 26.21, a P/E/G ratio of 2.31 and a beta of 1.26. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.10 and a quick ratio of 1.62. Agilent Technologies, Inc. has a 1-year low of $108.35 and a 1-year high of $160.27. The firm has a fifty day moving average of $120.55 and a two-hundred day moving average of $127.49.
Agilent Technologies Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 30th. Agilent Technologies’s dividend payout ratio (DPR) is currently 20.48%.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the stock. Wall Street Zen raised shares of Agilent Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 30th. Wells Fargo & Company lowered their price target on shares of Agilent Technologies from $165.00 to $160.00 and set an “overweight” rating for the company in a report on Thursday, May 28th. Barclays raised their price target on shares of Agilent Technologies from $140.00 to $145.00 and gave the company an “overweight” rating in a report on Thursday, May 28th. Royal Bank Of Canada started coverage on shares of Agilent Technologies in a report on Wednesday, May 27th. They set an “outperform” rating and a $153.00 price target for the company. Finally, Robert W. Baird raised their price objective on shares of Agilent Technologies from $155.00 to $156.00 and gave the stock an “outperform” rating in a report on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Agilent Technologies currently has an average rating of “Moderate Buy” and an average price target of $160.93.
Get Our Latest Stock Analysis on Agilent Technologies
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.
See Also
- Five stocks we like better than Agilent Technologies
- These 5 Companies Just Made a Massive Bet on Themselves
- 5 Stocks Built to Thrive in a Higher-for-Longer Economy
- RH’s Strong Q1 Still Leaves Investors With One Big Question
- Iran Ceasefire or Not, These 3 Companies Could Win
Want to see what other hedge funds are holding A? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Agilent Technologies, Inc. (NYSE:A – Free Report).
Receive News & Ratings for Agilent Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agilent Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
