Sterling Capital Management LLC Has $5.34 Million Position in Agilent Technologies, Inc. (A)
Sterling Capital Management LLC lessened its holdings in Agilent Technologies, Inc. (NYSE:A) by 1.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 89,983 shares of the medical research company’s stock after selling 1,385 shares during the quarter. Sterling Capital Management LLC’s holdings in Agilent Technologies were worth $5,337,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also modified their holdings of the stock. Advisor Group Inc. raised its position in Agilent Technologies by 0.3% in the 2nd quarter. Advisor Group Inc. now owns 3,959 shares of the medical research company’s stock worth $235,000 after purchasing an additional 10 shares during the period. Bronfman E.L. Rothschild L.P. grew its holdings in Agilent Technologies by 0.8% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 4,658 shares of the medical research company’s stock worth $276,000 after acquiring an additional 35 shares during the last quarter. Veritable L.P. grew its holdings in Agilent Technologies by 0.4% in the 2nd quarter. Veritable L.P. now owns 10,896 shares of the medical research company’s stock worth $646,000 after acquiring an additional 40 shares during the last quarter. Park National Corp OH grew its holdings in Agilent Technologies by 1.1% in the 2nd quarter. Park National Corp OH now owns 4,077 shares of the medical research company’s stock worth $242,000 after acquiring an additional 43 shares during the last quarter. Finally, Trust Co. of Vermont grew its holdings 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 acquiring an additional 50 shares during the last quarter.
In related news, CFO Didier Hirsch sold 15,555 shares of the firm’s stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $66.00, for a total value of $1,026,630.00. Following the transaction, the chief financial officer now owns 178,557 shares of the company’s stock, valued at approximately $11,784,762. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Mark Doak sold 12,421 shares of the firm’s stock in a transaction dated Friday, August 18th. The stock was sold at an average price of $61.57, for a total transaction of $764,760.97. The disclosure for this sale can be found here. Insiders sold a total of 165,720 shares of company stock worth $10,488,739 in the last ninety days.
A number of equities research analysts have issued reports on the stock. Bank of America Corporation reissued an “equal weight” rating on shares of Agilent Technologies in a report on Tuesday, August 15th. BidaskClub lowered shares of Agilent Technologies from a “strong-buy” rating to a “buy” rating in a report on Monday, July 31st. Deutsche Bank AG set a $68.00 price target on shares of Agilent Technologies and gave the stock a “buy” rating in a report on Wednesday, August 16th. Morgan Stanley reissued an “overweight” rating on shares of Agilent Technologies in a report on Wednesday, August 16th. Finally, Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a $68.00 price target on shares of Agilent Technologies in a report on Tuesday, September 26th. Four equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $65.12.
Shares of Agilent Technologies, Inc. (A) traded down 0.81% during midday trading on Friday, hitting $66.99. 943,164 shares of the stock were exchanged. Agilent Technologies, Inc. has a 12 month low of $42.92 and a 12 month high of $67.82. The stock has a market cap of $21.56 billion, a P/E ratio of 34.55 and a beta of 1.30. The firm has a 50 day moving average of $65.36 and a 200-day moving average of $59.96.
Agilent Technologies (NYSE:A) last posted its quarterly earnings results on Tuesday, August 15th. The medical research company reported $0.59 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.07. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.09 billion. Agilent Technologies had a net margin of 14.36% and a return on equity of 16.95%. The firm’s revenue was up 6.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.49 EPS. Equities research analysts anticipate that Agilent Technologies, Inc. will post $2.32 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 25th. Investors of record on Tuesday, October 3rd will be paid a $0.132 dividend. This represents a $0.53 annualized dividend and a yield of 0.79%. The ex-dividend date of this dividend is Monday, October 2nd. Agilent Technologies’s dividend payout ratio is presently 27.32%.
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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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