Swedbank AB cut its holdings in Agilent Technologies, Inc. (NYSE:A – Free Report) by 9.6% in the 1st quarter, Holdings Channel.com reports. The firm owned 300,313 shares of the medical research company’s stock after selling 32,003 shares during the quarter. Swedbank AB’s holdings in Agilent Technologies were worth $34,230,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of A. Norges Bank acquired a new position in shares of Agilent Technologies in the fourth quarter valued at approximately $549,158,000. Massachusetts Financial Services Co. MA increased its position in shares of Agilent Technologies by 13.8% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 14,147,601 shares of the medical research company’s stock worth $1,925,064,000 after acquiring an additional 1,713,216 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Agilent Technologies by 424.1% during the second quarter. AQR Capital Management LLC now owns 2,041,826 shares of the medical research company’s stock worth $240,956,000 after acquiring an additional 1,652,244 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Agilent Technologies by 132.2% during the second quarter. Ameriprise Financial Inc. now owns 2,354,111 shares of the medical research company’s stock worth $277,807,000 after acquiring an additional 1,340,161 shares during the period. Finally, Balyasny Asset Management L.P. lifted its position in Agilent Technologies by 192.0% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,412,535 shares of the medical research company’s stock valued at $192,204,000 after acquiring an additional 928,821 shares in the last quarter.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on the stock. Robert W. Baird upped their target price on shares of Agilent Technologies from $155.00 to $156.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 26th. Bank of America raised Agilent Technologies from a “neutral” rating to a “buy” rating and dropped their price target for the company from $150.00 to $145.00 in a research note on Thursday, May 28th. TD Cowen boosted their price target on Agilent Technologies from $147.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Royal Bank Of Canada started coverage on Agilent Technologies in a research report on Wednesday, May 27th. They set an “outperform” rating and a $153.00 price objective for the company. Finally, Piper Sandler started coverage on Agilent Technologies in a report on Thursday, June 11th. They set a “neutral” rating and a $150.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Agilent Technologies currently has an average rating of “Moderate Buy” and an average target price of $160.88.
Agilent Technologies Price Performance
Shares of A opened at $128.77 on Thursday. 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 company’s fifty day simple moving average is $124.91 and its 200 day simple moving average is $125.73. Agilent Technologies, Inc. has a 1-year low of $108.35 and a 1-year high of $160.27. The company has a market cap of $36.37 billion, a price-to-earnings ratio of 25.86, a PEG ratio of 2.33 and a beta of 1.25.
Agilent Technologies (NYSE:A – Get Free Report) last released its quarterly earnings data on Wednesday, May 27th. The medical research company reported $1.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.08. Agilent Technologies had a return on equity of 24.33% and a net margin of 19.55%.The company had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.80 billion. During the same period last year, the firm posted $1.31 earnings per share. The business’s revenue was up 10.0% on a year-over-year basis. Agilent Technologies has set its FY 2026 guidance at 6.000-6.100 EPS and its Q3 2026 guidance at 1.480-1.500 EPS. On average, research analysts forecast that Agilent Technologies, Inc. will post 6 earnings per share for the current fiscal year.
Agilent Technologies Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Tuesday, June 30th will be paid 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%.
Agilent Technologies 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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