Cantillon Capital Management LLC lowered its position in Agilent Technologies, Inc. (NYSE:A – Free Report) by 2.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,126,283 shares of the medical research company’s stock after selling 90,786 shares during the quarter. Agilent Technologies accounts for approximately 2.1% of Cantillon Capital Management LLC’s holdings, making the stock its 22nd biggest holding. Cantillon Capital Management LLC’s holdings in Agilent Technologies were worth $368,933,000 at the end of the most recent quarter.
A number of other hedge funds have also made changes to their positions in the company. Stone House Investment Management LLC purchased a new stake in Agilent Technologies during the 1st quarter worth about $30,000. Ransom Advisory Ltd acquired a new position in Agilent Technologies during the 1st quarter worth approximately $32,000. Central Pacific Bank Trust Division purchased a new stake in Agilent Technologies during the 2nd quarter worth approximately $33,000. Zions Bancorporation National Association UT purchased a new stake in Agilent Technologies during the 1st quarter worth approximately $38,000. Finally, Costello Asset Management INC purchased a new stake in Agilent Technologies during the 1st quarter worth approximately $47,000.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on A. UBS Group upgraded Agilent Technologies from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $130.00 to $170.00 in a research report on Wednesday, October 8th. Barclays upped their price objective on Agilent Technologies from $125.00 to $150.00 and gave the company an “equal weight” rating in a report on Thursday, October 2nd. Rothschild & Co Redburn initiated coverage on Agilent Technologies in a research report on Wednesday, October 8th. They set a “buy” rating and a $165.00 target price on the stock. Rothschild Redb raised Agilent Technologies to a “strong-buy” rating in a research report on Wednesday, October 8th. Finally, TD Cowen upped their price target on Agilent Technologies from $150.00 to $162.00 and gave the company a “buy” rating in a research report on Tuesday, October 14th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $149.62.
Agilent Technologies Trading Up 2.0%
Agilent Technologies stock opened at $145.79 on Wednesday. The business has a 50 day moving average price of $128.72 and a two-hundred day moving average price of $118.37. The company has a quick ratio of 1.71, a current ratio of 2.25 and a debt-to-equity ratio of 0.53. The stock has a market cap of $41.33 billion, a price-to-earnings ratio of 34.22, a price-to-earnings-growth ratio of 4.67 and a beta of 1.26. Agilent Technologies, Inc. has a 12 month low of $96.43 and a 12 month high of $153.84.
Agilent Technologies (NYSE:A – Get Free Report) last issued its earnings results on Wednesday, August 27th. The medical research company reported $1.37 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.37. Agilent Technologies had a return on equity of 25.51% and a net margin of 17.97%.The business had revenue of $1.74 billion during the quarter, compared to analysts’ expectations of $1.67 billion. During the same period in the prior year, the firm posted $1.32 EPS. Agilent Technologies’s quarterly revenue was up 10.1% compared to the same quarter last year. Agilent Technologies has set its FY 2025 guidance at 5.560-5.590 EPS. Q4 2025 guidance at 1.570-1.600 EPS. As a group, equities analysts forecast that Agilent Technologies, Inc. will post 5.58 EPS for the current year.
Agilent Technologies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Tuesday, September 30th will be given a $0.248 dividend. This represents a $0.99 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, September 30th. Agilent Technologies’s dividend payout ratio (DPR) is currently 23.24%.
Agilent Technologies Profile
Agilent Technologies, Inc provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. The company operates in three segments: Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emission spectrometry instruments; inductively coupled plasma optical emission spectrometry instruments; raman spectroscopy; cell analysis plate based assays; flow cytometer; real-time cell analyzer; cell imaging systems; microplate reader; laboratory software; information management and analytics; laboratory automation and robotic systems; dissolution testing; and vacuum pumps, and measurement technologies.
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