Tocqueville Asset Management L.P. Has $12,803,000 Position in Agilent Technologies Inc. (A)
Tocqueville Asset Management L.P. boosted its position in shares of Agilent Technologies Inc. (NYSE:A) by 1.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 288,624 shares of the company’s stock after buying an additional 3,100 shares during the period. Tocqueville Asset Management L.P. owned about 0.09% of Agilent Technologies worth $12,803,000 at the end of the most recent reporting period.
Several other institutional investors have also recently bought and sold shares of the stock. Cribstone Capital Management LLC bought a new position in shares of Agilent Technologies during the second quarter valued at approximately $102,000. ClariVest Asset Management LLC acquired a new stake in Agilent Technologies during the second quarter valued at about $105,000. JFS Wealth Advisors LLC increased 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 in the last quarter. Trust Department MB Financial Bank N A increased 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 in the last quarter. Finally, Cypress Asset Management Inc. TX acquired a new stake in Agilent Technologies during the second quarter valued at about $222,000.
Shares of Agilent Technologies Inc. (NYSE:A) traded down 0.02% during mid-day trading on Friday, hitting $45.15. 577,170 shares of the company’s stock were exchanged. Agilent Technologies Inc. has a 52 week low of $34.15 and a 52 week high of $48.63. The company has a market capitalization of $14.65 billion, a price-to-earnings ratio of 31.31 and a beta of 1.35. The firm has a 50 day moving average price of $46.45 and a 200-day moving average price of $44.87.
Agilent Technologies (NYSE:A) last issued its quarterly earnings results on Wednesday, August 17th. The company reported $0.49 EPS for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.02. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.05 billion. Agilent Technologies had a return on equity of 14.97% and a net margin of 11.59%. Agilent Technologies’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period last year, the company posted $0.44 earnings per share. On average, equities analysts anticipate that Agilent Technologies Inc. will post $1.91 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 26th. Investors of record on Tuesday, October 4th will be issued a dividend of $0.115 per share. The ex-dividend date of this dividend is Friday, September 30th. This represents a $0.46 dividend on an annualized basis and a yield of 1.02%. Agilent Technologies’s dividend payout ratio (DPR) is currently 31.72%.
Several equities research analysts have issued reports on A shares. Zacks Investment Research upgraded shares of Agilent Technologies from a “hold” rating to a “buy” rating and set a $52.00 price objective for the company in a research note 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 note on Thursday, August 18th. Bank of America Corp. set a $51.00 price objective on shares of Agilent Technologies and gave the stock a “buy” rating in a research note on Friday, October 7th. Leerink Swann reiterated an “outperform” rating and set a $51.00 price objective on shares of Agilent Technologies in a research note on Thursday, June 30th. Finally, Cowen and Company boosted their price objective on shares of Agilent Technologies from $49.00 to $51.00 and gave the stock an “outperform” rating in a research note on Thursday, August 18th. Five investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Agilent Technologies has an average rating of “Buy” and a consensus price target of $48.89.
In other Agilent Technologies news, Director Boon Hwee Koh sold 5,298 shares of the business’s stock in a transaction on Wednesday, August 24th. The stock was sold at an average price of $47.66, for a total value of $252,502.68. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Rodney Gonsalves sold 8,141 shares of the business’s stock in a transaction on Monday, August 29th. The shares were sold at an average price of $47.82, for a total value of $389,302.62. Following the completion of the sale, the vice president now owns 16,322 shares in the company, valued at $780,518.04. The disclosure for this sale can be found here.
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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