Today, Agilent Technologies Inc. (A) Position Decreased by Trilogy Global Advisors LP

Today, Agilent Technologies Inc. (A) Position Decreased by Trilogy Global Advisors LP

Trilogy Global Advisors LP lowered its position in shares of Agilent Technologies Inc. (NYSE:A) by 42.2% during the third quarter, according to its most recent filing with the SEC. The fund owned 125,225 shares of the company’s stock after selling 91,412 shares during the period. Trilogy Global Advisors LP’s holdings in Agilent Technologies were worth $5,897,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. LPL Financial LLC boosted its stake in shares of Agilent Technologies by 99.1% in the first quarter. LPL Financial LLC now owns 38,279 shares of the company’s stock valued at $1,503,000 after buying an additional 19,052 shares during the last quarter. Babson Capital Management LLC raised its position in Agilent Technologies by 17.3% in the first quarter. Babson Capital Management LLC now owns 18,336 shares of the company’s stock valued at $731,000 after buying an additional 2,700 shares during the period. CHURCHILL MANAGEMENT Corp acquired a new position in Agilent Technologies during the second quarter valued at about $4,557,000. DNB Asset Management AS raised its position in Agilent Technologies by 2.3% in the second quarter. DNB Asset Management AS now owns 35,049 shares of the company’s stock valued at $1,555,000 after buying an additional 800 shares during the period. Finally, Thompson Rubinstein Investment Management Inc. OR raised its position in Agilent Technologies by 1.7% in the second quarter. Thompson Rubinstein Investment Management Inc. OR now owns 73,032 shares of the company’s stock valued at $3,240,000 after buying an additional 1,200 shares during the period.

Agilent Technologies Inc. (NYSE:A) opened at 44.65 on Friday. The stock’s 50 day moving average is $45.26 and its 200 day moving average is $45.78. Agilent Technologies Inc. has a 12-month low of $34.15 and a 12-month high of $48.63. The company has a market cap of $14.47 billion, a P/E ratio of 31.89 and a beta of 1.29.

Agilent Technologies (NYSE:A) last released its earnings results on Tuesday, November 15th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.52 by $0.07. Agilent Technologies had a net margin of 10.99% and a return on equity of 15.50%. The firm had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period last year, the firm earned $0.50 EPS. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. On average, equities analysts forecast that Agilent Technologies Inc. will post $2.16 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 25th. Investors of record on Tuesday, January 3rd will be issued a dividend of $0.132 per share. The ex-dividend date is Thursday, December 29th. This is a positive change from Agilent Technologies’s previous quarterly dividend of $0.12. This represents a $0.53 annualized dividend and a dividend yield of 1.18%. Agilent Technologies’s payout ratio is 32.62%.

Several equities analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Agilent Technologies from a “hold” rating to a “buy” rating and set a $52.00 price objective on the stock in a research report on Wednesday, October 5th. Morgan Stanley set a $47.00 price objective on shares of Agilent Technologies and gave the stock a “hold” rating in a research report on Thursday, August 18th. Bank of America Corp. set a $51.00 target price on shares of Agilent Technologies and gave the company a “buy” rating in a research note on Friday, October 7th. Cowen and Company lifted their target price on shares of Agilent Technologies from $49.00 to $51.00 and gave the company an “outperform” rating in a research note on Thursday, August 18th. Finally, Robert W. Baird lifted their target price on shares of Agilent Technologies from $48.00 to $52.00 and gave the company an “outperform” rating in a research note on Thursday, August 18th. Five analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Agilent Technologies currently has an average rating of “Buy” and an average price target of $49.73.

In related news, Director Heidi Fields sold 8,072 shares of Agilent Technologies stock in a transaction that occurred on Tuesday, September 6th. The shares were sold at an average price of $46.99, for a total transaction of $379,303.28. Following the sale, the director now directly owns 51,836 shares in the company, valued at approximately $2,435,773.64. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Patrick Kaltenbach sold 2,000 shares of Agilent Technologies stock in a transaction that occurred on Wednesday, August 31st. The stock was sold at an average price of $47.00, for a total transaction of $94,000.00. Following the sale, the insider now owns 22,463 shares in the company, valued at $1,055,761. The disclosure for this sale can be found here.

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