SG Americas Securities LLC raised its holdings in Agilent Technologies, Inc. (NYSE:A – Free Report) by 107.2% in the 1st quarter, HoldingsChannel reports. The fund owned 1,674,856 shares of the medical research company’s stock after acquiring an additional 866,641 shares during the period. SG Americas Securities LLC’s holdings in Agilent Technologies were worth $190,900,000 at the end of the most recent quarter.
A number of other large investors also recently made changes to their positions in A. Core Wealth Advisors LLC acquired a new stake in shares of Agilent Technologies during the fourth quarter worth $26,000. SHP Wealth Management acquired a new position in Agilent Technologies in the fourth quarter valued at $26,000. Board of the Pension Protection Fund acquired a new position in Agilent Technologies in the fourth quarter valued at $27,000. Navalign LLC purchased a new position in Agilent Technologies during the fourth quarter worth about $27,000. Finally, MV Capital Management Inc. purchased a new position in Agilent Technologies during the fourth quarter worth about $28,000.
Agilent Technologies Price Performance
A stock opened at $127.49 on Monday. The company has a market cap of $36.01 billion, a PE ratio of 25.60, a price-to-earnings-growth ratio of 2.26 and a beta of 1.26. The company has a current ratio of 2.10, a quick ratio of 1.62 and a debt-to-equity ratio of 0.43. The stock has a 50-day moving average price of $121.49 and a two-hundred day moving average price of $126.76. Agilent Technologies, Inc. has a 12-month low of $108.35 and a 12-month high of $160.27.
Agilent Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th will be issued a $0.255 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $1.02 annualized dividend and a yield of 0.8%. Agilent Technologies’s dividend payout ratio (DPR) is presently 20.48%.
Analyst Upgrades and Downgrades
Several analysts have commented on A shares. HSBC lowered their price target on Agilent Technologies from $180.00 to $165.00 and set a “buy” rating for the company in a report on Wednesday, June 3rd. Wells Fargo & Company cut their price objective on shares of Agilent Technologies from $165.00 to $160.00 and set an “overweight” rating on the stock in a report on Thursday, May 28th. Wall Street Zen raised shares of Agilent Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. Morgan Stanley dropped their price target on shares of Agilent Technologies from $180.00 to $160.00 and set an “overweight” rating for the company in a research report on Tuesday, March 3rd. Finally, Bank of America raised shares of Agilent Technologies from a “neutral” rating to a “buy” rating and cut their price target for the stock from $150.00 to $145.00 in a research note on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $160.93.
View Our Latest Stock Report on Agilent Technologies
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.
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