First Trust Advisors LP cut its position in shares of Agilent Technologies Inc. (NYSE:A) by 8.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 362,424 shares of the company’s stock after selling 32,164 shares during the period. First Trust Advisors LP owned about 0.11% of Agilent Technologies worth $17,067,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of A. Cribstone Capital Management LLC purchased a new stake in shares of Agilent Technologies during the second quarter worth approximately $102,000. ClariVest Asset Management LLC bought a new stake in Agilent Technologies during the second quarter valued at about $105,000. CENTRAL TRUST Co raised its stake in Agilent Technologies by 1.3% in the second quarter. CENTRAL TRUST Co now owns 2,596 shares of the company’s stock valued at $115,000 after buying an additional 34 shares during the last quarter. Trust Department MB Financial Bank N A raised its stake in Agilent Technologies by 3,166.4% in the second quarter. Trust Department MB Financial Bank N A now owns 3,887 shares of the company’s stock valued at $150,000 after buying an additional 3,768 shares during the last quarter. Finally, JFS Wealth Advisors LLC raised its stake in Agilent Technologies by 7,555.6% in the second quarter. JFS Wealth Advisors LLC now owns 3,445 shares of the company’s stock valued at $153,000 after buying an additional 3,400 shares during the last quarter.
Shares of Agilent Technologies Inc. (NYSE:A) opened at 44.89 on Friday. Agilent Technologies Inc. has a 1-year low of $34.15 and a 1-year high of $48.63. The firm has a 50-day moving average price of $45.14 and a 200 day moving average price of $45.81. The company has a market cap of $14.54 billion, a price-to-earnings ratio of 32.06 and a beta of 1.29.
Agilent Technologies (NYSE:A) last announced its quarterly earnings data on Tuesday, November 15th. The company reported $0.59 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.07. The business had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Agilent Technologies had a net margin of 10.99% and a return on equity of 15.50%. The business’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.50 earnings per share. On average, analysts predict that Agilent Technologies Inc. will post $2.16 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 25th. Shareholders of record on Tuesday, January 3rd will be issued a $0.132 dividend. This represents a $0.53 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date is Thursday, December 29th. This is a boost from Agilent Technologies’s previous quarterly dividend of $0.12. Agilent Technologies’s dividend payout ratio is 32.62%.
Several research firms recently issued reports on A. Zacks Investment Research upgraded Agilent Technologies from a “sell” rating to a “hold” rating in a report on Thursday, November 17th. BTIG Research reiterated a “buy” rating on shares of Agilent Technologies in a report on Wednesday, November 16th. Leerink Swann began coverage on Agilent Technologies in a report on Thursday, November 10th. They set an “outperform” rating and a $53.00 target price on the stock. Bank of America Corp. set a $51.00 target price on Agilent Technologies and gave the stock a “buy” rating in a report on Friday, October 7th. Finally, Goldman Sachs Group Inc. reiterated a “buy” rating and set a $53.00 target price on shares of Agilent Technologies in a report on Wednesday, September 7th. Five equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $49.73.
In other news, insider Patrick Kaltenbach sold 2,000 shares of the stock in a transaction that occurred on Wednesday, August 31st. The shares were 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 transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP Rodney Gonsalves sold 8,141 shares of the stock in a transaction that occurred on Monday, August 29th. The shares were sold at an average price of $47.82, for a total transaction of $389,302.62. Following the sale, the vice president now owns 16,322 shares in the company, valued at approximately $780,518.04. The disclosure for this sale can be found here.
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