National Pension Service raised its holdings in Agilent Technologies, Inc. (NYSE:A – Free Report) by 7.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 469,501 shares of the medical research company’s stock after acquiring an additional 30,730 shares during the period. National Pension Service’s holdings in Agilent Technologies were worth $62,364,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently made changes to their positions in A. Core Wealth Advisors LLC bought a new stake in shares of Agilent Technologies during the 4th quarter valued at approximately $26,000. SHP Wealth Management acquired a new stake in Agilent Technologies in the fourth quarter valued at approximately $26,000. Navalign LLC bought a new stake in shares of Agilent Technologies during the fourth quarter worth $27,000. Cedar Mountain Advisors LLC acquired a new position in shares of Agilent Technologies during the first quarter worth $27,000. Finally, Markowski Investments acquired a new position in shares of Agilent Technologies during the second quarter worth $27,000. Institutional investors own 87.41% of the company’s stock.
Agilent Technologies Trading Up 2.6%
Shares of A stock opened at $146.91 on Friday. The stock has a market cap of $41.42 billion, a price-to-earnings ratio of 28.92, a PEG ratio of 2.18 and a beta of 1.24. The stock has a 50-day moving average of $143.71 and a 200-day moving average of $128.62. The company has a current ratio of 2.05, a quick ratio of 1.56 and a debt-to-equity ratio of 0.50. Agilent Technologies, Inc. has a 1-year low of $108.35 and a 1-year high of $163.75.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on A shares. The Goldman Sachs Group raised their price objective on Agilent Technologies from $155.00 to $175.00 and gave the company a “buy” rating in a report on Thursday, August 27th. Piper Sandler started coverage on Agilent Technologies in a research note on Thursday, June 11th. They set a “neutral” rating and a $150.00 price target on the stock. TD Cowen upped their price objective on Agilent Technologies from $155.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, August 27th. Barclays raised their price objective on shares of Agilent Technologies from $150.00 to $175.00 and gave the company an “overweight” rating in a report on Thursday, August 27th. Finally, Jefferies Financial Group initiated coverage on shares of Agilent Technologies in a research report on Thursday, July 9th. They set a “hold” rating and a $135.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $170.33.
Insider Activity
In other news, Director Mikael Dolsten sold 634 shares of the company’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of $151.38, for a total value of $95,974.92. Following the sale, the director directly owned 4,924 shares of the company’s stock, valued at approximately $745,395.12. This represents a 11.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.17% of the company’s stock.
About Agilent Technologies
Agilent Technologies, Inc is a global provider of analytical instruments, laboratory software, consumables and services used by organizations in the life sciences, diagnostics, pharmaceutical, chemical, environmental and food industries. Its solutions help customers analyze the composition and quality of substances, develop and manufacture products, and conduct research and testing.
The company’s offerings include liquid and gas chromatography systems, mass spectrometry instruments, spectroscopy and atomic analysis equipment, automated electrophoresis systems, laboratory informatics software, columns and other consumables.
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