Royal Bank of Canada lessened its stake in Agilent Technologies, Inc. (NYSE:A – Free Report) by 7.6% in the first quarter, Holdings Channel reports. The firm owned 828,773 shares of the medical research company’s stock after selling 68,318 shares during the quarter. Royal Bank of Canada’s holdings in Agilent Technologies were worth $94,464,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC raised its position in shares of Agilent Technologies by 6.1% in the 4th quarter. Brighton Jones LLC now owns 4,663 shares of the medical research company’s stock valued at $626,000 after buying an additional 270 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of Agilent Technologies by 15.9% during the 1st quarter. Jones Financial Companies Lllp now owns 5,610 shares of the medical research company’s stock worth $602,000 after acquiring an additional 769 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Agilent Technologies by 54.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 599 shares of the medical research company’s stock worth $70,000 after acquiring an additional 212 shares in the last quarter. Acadian Asset Management LLC boosted its position in shares of Agilent Technologies by 16.5% during the 1st quarter. Acadian Asset Management LLC now owns 5,352 shares of the medical research company’s stock worth $625,000 after acquiring an additional 758 shares in the last quarter. Finally, Sivia Capital Partners LLC bought a new position in Agilent Technologies in the second quarter valued at approximately $273,000.
Wall Street Analyst Weigh In
A has been the subject of several research analyst reports. Wall Street Zen downgraded shares of Agilent Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Barclays raised their target price on Agilent Technologies from $145.00 to $150.00 and gave the company an “overweight” rating in a report on Wednesday, June 24th. Jefferies Financial Group started coverage on Agilent Technologies in a research note on Thursday, July 9th. They issued a “hold” rating and a $135.00 price target on the stock. Bank of America raised Agilent Technologies from a “neutral” rating to a “buy” rating and lowered their price target for the stock from $150.00 to $145.00 in a report on Thursday, May 28th. Finally, HSBC dropped their price objective on Agilent Technologies from $180.00 to $165.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Agilent Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $159.35.
Agilent Technologies Price Performance
Shares of NYSE:A opened at $138.32 on Friday. Agilent Technologies, Inc. has a one year low of $108.35 and a one year high of $160.27. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.10 and a quick ratio of 1.62. The company has a market cap of $39.06 billion, a price-to-earnings ratio of 27.77, a PEG ratio of 2.46 and a beta of 1.25. The firm has a 50 day simple moving average of $132.35 and a 200 day simple moving average of $125.30.
Agilent Technologies (NYSE:A – Get Free Report) last posted its earnings results on Wednesday, May 27th. The medical research company reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.08. The firm had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.80 billion. Agilent Technologies had a net margin of 19.55% and a return on equity of 24.33%. The company’s revenue was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.31 earnings per share. 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. Research analysts predict that Agilent Technologies, Inc. will post 6.01 earnings per share for the current fiscal year.
Agilent Technologies Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Tuesday, June 30th were issued a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, June 30th. Agilent Technologies’s dividend payout ratio is presently 20.48%.
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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