Janney Montgomery Scott LLC cut its stake in Agilent Technologies, Inc. (NYSE:A) by 1.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,433 shares of the medical research company’s stock after selling 256 shares during the period. Janney Montgomery Scott LLC’s holdings in Agilent Technologies were worth $1,861,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Blue Square Asset Management LLC purchased a new stake in shares of Agilent Technologies in the 2nd quarter valued at approximately $25,000. Newfound Research LLC bought a new position in shares of Agilent Technologies during the 3rd quarter valued at $32,000. NEXT Financial Group Inc bought a new position in shares of Agilent Technologies during the 3rd quarter valued at $34,000. Sterling Investment Advisors Ltd. bought a new position in shares of Agilent Technologies during the 2nd quarter valued at $35,000. Finally, TCTC Holdings LLC acquired a new position in Agilent Technologies in the 2nd quarter valued at $41,000.
In related news, SVP Michael Tang sold 2,222 shares of the business’s stock in a transaction dated Monday, November 9th. The stock was sold at an average price of $116.16, for a total value of $258,107.52. Following the sale, the senior vice president now directly owns 56,807 shares in the company, valued at approximately $6,598,701.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Dominique Grau sold 6,485 shares of the business’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $100.00, for a total value of $648,500.00. Following the completion of the sale, the senior vice president now owns 104,154 shares in the company, valued at $10,415,400. The disclosure for this sale can be found here. Insiders have sold a total of 19,342 shares of company stock worth $1,968,588 over the last quarter.
A has been the topic of several research analyst reports. Needham & Company LLC restated a “hold” rating on shares of Agilent Technologies in a research report on Wednesday, August 19th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $105.00 price objective (up from $100.00) on shares of Agilent Technologies in a report on Wednesday, August 19th. Jefferies Financial Group lifted their price target on shares of Agilent Technologies from $95.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday, August 19th. Citigroup lifted their price target on shares of Agilent Technologies from $85.00 to $100.00 and gave the company a “neutral” rating in a report on Wednesday, August 19th. Finally, Robert W. Baird boosted their target price on shares of Agilent Technologies from $87.00 to $104.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 19th. Fourteen equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $86.51.
Shares of NYSE:A opened at $110.89 on Friday. The company has a current ratio of 2.47, a quick ratio of 1.90 and a debt-to-equity ratio of 0.46. The stock’s fifty day simple moving average is $106.20 and its two-hundred day simple moving average is $95.27. Agilent Technologies, Inc. has a 1-year low of $61.13 and a 1-year high of $117.50. The stock has a market cap of $34.19 billion, a PE ratio of 50.18, a price-to-earnings-growth ratio of 3.04 and a beta of 1.02.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 27th. Shareholders of record on Tuesday, January 5th will be paid a dividend of $0.194 per share. The ex-dividend date of this dividend is Monday, January 4th. This is a boost from Agilent Technologies’s previous quarterly dividend of $0.18. This represents a $0.78 annualized dividend and a yield of 0.70%. Agilent Technologies’s dividend payout ratio (DPR) is 23.15%.
Agilent Technologies Company Profile
Agilent Technologies, Inc provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. It operates in three segments: Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab. The Life Sciences and Applied Markets segment offers liquid and gas chromatography systems and components; liquid and gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emission spectrometry instruments; inductively coupled plasma optical emission spectrometry instruments; raman spectroscopy; cell analysis plate based assays; flow cytometer; real-time cell analyzer; cell imaging systems; microplate readers; laboratory software and information management and analytics; laboratory automation and robotic systems; dissolution testing; vacuum pumps; and measurement technologies.
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