Decatur Capital Management Inc. bought a new position in shares of Agilent Technologies, Inc. (NYSE:A) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 154,700 shares of the company’s stock, valued at approximately $7,285,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Victory Capital Management Inc. increased its position in Agilent Technologies by 132.7% in the second quarter. Victory Capital Management Inc. now owns 4,004,727 shares of the company’s stock worth $177,650,000 after buying an additional 2,283,890 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its position in Agilent Technologies by 14.1% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,036,165 shares of the company’s stock valued at $45,964,000 after buying an additional 127,733 shares during the last quarter. Bristol Gate Capital Partners Inc. acquired a new position in Agilent Technologies during the second quarter valued at $25,564,000. Columbus Circle Investors increased its position in Agilent Technologies by 156.7% in the second quarter. Columbus Circle Investors now owns 900,798 shares of the company’s stock valued at $39,959,000 after buying an additional 549,833 shares during the last quarter. Finally, Parkwood LLC acquired a new position in Agilent Technologies during the third quarter valued at $278,000.
Agilent Technologies, Inc. (NYSE:A) traded up 0.54% during trading on Friday, reaching $48.43. 367,311 shares of the company traded hands. The company’s 50-day moving average price is $46.98 and its 200 day moving average price is $46.31. The firm has a market capitalization of $15.58 billion, a price-to-earnings ratio of 34.59 and a beta of 1.28. Agilent Technologies, Inc. has a 52 week low of $34.15 and a 52 week high of $49.48.
Agilent Technologies (NYSE:A) last announced its quarterly earnings data on Tuesday, November 15th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.52 by $0.07. The business earned $1.11 billion during the quarter, compared to analyst estimates of $1.07 billion. Agilent Technologies had a return on equity of 15.49% and a net margin of 10.99%. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.50 earnings per share. On average, equities research analysts expect that Agilent Technologies, Inc. will post $2.13 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 25th. Shareholders of record on Tuesday, January 3rd were given a dividend of $0.132 per share. The ex-dividend date was Thursday, December 29th. This represents a $0.53 annualized dividend and a yield of 1.10%. This is a positive change from Agilent Technologies’s previous quarterly dividend of $0.12. Agilent Technologies’s dividend payout ratio (DPR) is currently 37.59%.
A has been the topic of several research reports. Deutsche Bank AG initiated coverage on shares of Agilent Technologies in a report on Wednesday, January 18th. They set a “buy” rating and a $54.00 price objective on the stock. Zacks Investment Research downgraded shares of Agilent Technologies from a “buy” rating to a “hold” rating in a report on Thursday, October 20th. Cowen and Company downgraded shares of Agilent Technologies from an “outperform” rating to a “market perform” rating and set a $51.00 price objective on the stock. in a report on Wednesday, January 4th. Bank of America Corp set a $51.00 price objective on shares of Agilent Technologies and gave the stock a “buy” rating in a report on Friday, October 7th. Finally, Leerink Swann initiated coverage on shares of Agilent Technologies in a report on Thursday, November 10th. They set an “outperform” rating and a $53.00 price objective on the stock. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $51.35.
In other Agilent Technologies news, CFO Didier Hirsch sold 22,256 shares of the firm’s stock in a transaction on Monday, January 9th. The stock was sold at an average price of $48.50, for a total transaction of $1,079,416.00. Following the completion of the transaction, the chief financial officer now owns 190,023 shares of the company’s stock, valued at $9,216,115.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Paul N. Clark sold 4,704 shares of the firm’s stock in a transaction on Friday, November 18th. The shares were sold at an average price of $45.31, for a total value of $213,138.24. The disclosure for this sale can be found here. Insiders have sold 30,929 shares of company stock valued at $1,475,128 in the last three months.
About Agilent Technologies
Agilent Technologies, Inc provides application focused solutions that include instruments, software, services and consumables for the entire laboratory workflow. The Company serves the life sciences, diagnostics and applied chemical markets. It has three business segments: life sciences and applied markets business, diagnostics and genomics business, and Agilent CrossLab business.
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