Many hedge funds and institutional investors have recently traded shares of Agilent Technologies. For instance, Quantbot Technologies LP acquired a stake worth about $938,000 in the first quarter. Cetera Investment Advisers significantly increased its holdings by over 953%, now owning 32,694 shares valued at $4.76 million after buying an additional 29,590 shares. Similarly, iA Global Asset Management raised its stake by 26.2% to hold 21,770 shares worth $3.17 million after acquiring 4,523 more. Bayesian Capital Management also bought shares worth $1.36 million, and Marshall Financial Group purchased a new stake valued at $1.06 million. In total, institutional investors own 87.42% of the company.
Analyst Ratings Changes
Analysts recently adjusted their ratings for Agilent Technologies. UBS increased their target price from $141 to $150, rating it as “neutral.” Barclays set a new target of $145 with an “underweight” rating. Evercore ISI also upped their target to $145 and gave it an “in-line” rating. Wells Fargo started coverage with an “overweight” rating and a target of $157. Stifel Nicolaus maintained a “buy” rating with a $151 target. Currently, the consensus rating is “Moderate Buy” with an average target price of $144.36.
Agilent Technologies Stock Performance
Agilent Technologies shares opened at $136.76. The company has a market cap of $39.9 billion, a P/E ratio of 32.33, and a 12-month trading range between $96.80 and $155.35. Recently, they reported earnings of $1.32 per share, exceeding estimates by $0.06, with revenue of $1.58 billion. Analysts predict earnings of $5.24 per share for the current fiscal year.
Agilent Technologies Dividend Announcement
Agilent declared a quarterly dividend of $0.236 per share, to be paid on October 23rd to shareholders recorded as of October 1st. The dividend yield is 0.69%, and the payout ratio is 22.22%.
Insider Transactions at Agilent Technologies
Recently, SVP Dominique Grau sold 9,990 shares at $145, totaling $1.45 million. After this sale, they own 40,011 shares worth about $5.8 million. CEO Padraig Mcdonnell sold 1,958 shares for $283,910. Insiders have sold a total of 13,953 shares worth over $2 million in the past three months.
About Agilent Technologies
Agilent Technologies provides solutions for life sciences, diagnostics, and chemistry markets globally, operating in three main segments.
Featured Articles
- Five stocks we prefer over Agilent Technologies
- Economic Reports’ Impact on Investment Strategies
- Cybersecurity Stock Predictions for Christmas
- Insights on Upcoming IPOs
- Key Stocks to Monitor in Nuclear Power
- Understanding Percentage Gainers in Investing
- Top Energy Stocks from DOE Loan Commitments
Curious about hedge fund holdings in Agilent? Visit HoldingsChannel.com for recent filings and trades by insiders.
Get Daily Updates on Agilent Technologies – Enter your email to receive a daily summary of news and ratings through MarketBeat.com’s FREE newsletter.
`
