Paul N. Clark Sells 4,704 Shares of Agilent Technologies Inc. (A) Stock
Agilent Technologies Inc. (NYSE:A) Director Paul N. Clark sold 4,704 shares of the stock in a transaction on Friday, November 18th. The shares were sold at an average price of $45.31, for a total value of $213,138.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Agilent Technologies Inc. (NYSE:A) opened at 44.97 on Tuesday. Agilent Technologies Inc. has a one year low of $34.15 and a one year high of $48.63. The stock has a market capitalization of $14.57 billion, a price-to-earnings ratio of 32.12 and a beta of 1.29. The firm has a 50-day moving average of $45.40 and a 200 day moving average of $45.77.
Agilent Technologies (NYSE:A) last announced its quarterly earnings results on Tuesday, November 15th. The company reported $0.59 EPS for the quarter, topping the 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 quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.50 EPS. On average, equities research analysts predict that Agilent Technologies Inc. will post $2.16 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 25th. Shareholders of record on Tuesday, January 3rd will be paid a $0.132 dividend. The ex-dividend date of this dividend is Thursday, December 29th. This represents a $0.53 annualized dividend and a yield of 1.17%. This is a boost from Agilent Technologies’s previous quarterly dividend of $0.12. Agilent Technologies’s payout ratio is presently 32.62%.
A number of research analysts recently commented on the company. Robert W. Baird increased their target price on Agilent Technologies from $48.00 to $52.00 and gave the company an “outperform” rating in a research note on Thursday, August 18th. BTIG Research reissued a “buy” rating on shares of Agilent Technologies in a research note on Wednesday, November 16th. Evercore ISI increased their target price on Agilent Technologies from $50.00 to $53.00 and gave the company a “buy” rating in a research note on Thursday, August 18th. Zacks Investment Research raised Agilent Technologies from a “sell” rating to a “hold” rating in a research note on Thursday, November 17th. Finally, Cowen and Company increased their target price on Agilent Technologies from $49.00 to $51.00 and gave the company an “outperform” rating in a research note on Thursday, August 18th. Five research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $49.73.
A number of hedge funds have recently made changes to their positions in A. Cribstone Capital Management LLC acquired a new stake in shares of Agilent Technologies during the second quarter valued at about $102,000. ClariVest Asset Management LLC acquired a new stake in shares of Agilent Technologies during the second quarter valued at about $105,000. CENTRAL TRUST Co boosted its stake in shares of 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 in the last quarter. Penserra Capital Management LLC boosted its stake in shares of Agilent Technologies by 100.0% in the third quarter. Penserra Capital Management LLC now owns 2,736 shares of the company’s stock valued at $128,000 after buying an additional 1,368 shares in the last quarter. Finally, Advisor Group Inc. boosted its stake in shares of Agilent Technologies by 42.7% in the third quarter. Advisor Group Inc. now owns 2,812 shares of the company’s stock valued at $130,000 after buying an additional 841 shares in the last quarter.
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.
Receive News & Stock Ratings for Agilent Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agilent Technologies Inc. and related stocks with our FREE daily email newsletter.