Agilent Technologies, Inc. (A) Shares Sold by Teachers Retirement System of The State of Kentucky
Teachers Retirement System of The State of Kentucky lessened its holdings in shares of Agilent Technologies, Inc. (NYSE:A) by 5.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 34,850 shares of the medical research company’s stock after selling 2,000 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Agilent Technologies were worth $2,067,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in A. Acrospire Investment Management LLC increased its holdings in shares of Agilent Technologies by 92.3% in the second quarter. Acrospire Investment Management LLC now owns 2,500 shares of the medical research company’s stock valued at $148,000 after purchasing an additional 1,200 shares in the last quarter. Parallel Advisors LLC raised its position in Agilent Technologies by 5.3% in the 2nd quarter. Parallel Advisors LLC now owns 2,623 shares of the medical research company’s stock worth $157,000 after purchasing an additional 131 shares during the last quarter. Trust Co. of Vermont raised its position in Agilent Technologies by 1.8% in the 2nd quarter. Trust Co. of Vermont now owns 2,793 shares of the medical research company’s stock worth $166,000 after purchasing an additional 50 shares during the last quarter. Fiduciary Trust Co. bought a new position in Agilent Technologies in the 2nd quarter worth approximately $186,000. Finally, Genovese Burford & Brothers Wealth & Retirement Plan Management LLC raised its position in Agilent Technologies by 17.2% in the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 3,319 shares of the medical research company’s stock worth $196,000 after purchasing an additional 486 shares during the last quarter.
In related news, insider Patrick Kaltenbach sold 5,000 shares of the business’s stock in a transaction on Thursday, July 13th. The shares were sold at an average price of $61.26, for a total transaction of $306,300.00. Following the transaction, the insider now owns 45,138 shares in the company, valued at approximately $2,765,153.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Dominique Grau sold 13,007 shares of the stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $62.00, for a total transaction of $806,434.00. Following the transaction, the insider now directly owns 60,098 shares in the company, valued at $3,726,076. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 170,720 shares of company stock worth $10,795,039.
Shares of Agilent Technologies, Inc. (NYSE A) opened at 64.87 on Tuesday. The company has a market cap of $20.88 billion, a PE ratio of 33.46 and a beta of 1.30. The company has a 50 day moving average of $64.03 and a 200-day moving average of $59.15. Agilent Technologies, Inc. has a 52-week low of $42.92 and a 52-week high of $66.45.
Agilent Technologies (NYSE:A) last issued its quarterly earnings results on Tuesday, August 15th. The medical research company reported $0.59 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.07. Agilent Technologies had a return on equity of 16.95% and a net margin of 14.36%. The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same period last year, the business posted $0.49 EPS. The business’s revenue was up 6.7% compared to the same quarter last year. Analysts forecast that Agilent Technologies, Inc. will post $2.32 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 25th. Investors of record on Tuesday, October 3rd will be given a dividend of $0.132 per share. The ex-dividend date of this dividend is Monday, October 2nd. This represents a $0.53 annualized dividend and a dividend yield of 0.81%. Agilent Technologies’s payout ratio is 27.32%.
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A number of brokerages recently commented on A. Deutsche Bank AG reiterated a “buy” rating and issued a $66.00 price objective on shares of Agilent Technologies in a research report on Thursday, June 22nd. BidaskClub downgraded shares of Agilent Technologies from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 13th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $66.00 target price on shares of Agilent Technologies in a research note on Wednesday, August 9th. Barclays PLC reaffirmed a “buy” rating and issued a $67.00 target price on shares of Agilent Technologies in a research note on Wednesday, July 19th. Finally, Janney Montgomery Scott lifted their price target on shares of Agilent Technologies from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, August 16th. Four investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $64.38.
Agilent Technologies Profile
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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