Edgestream Partners L.P. Boosts Stock Position in Agilent Technologies, Inc. $A

Edgestream Partners L.P. lifted its stake in Agilent Technologies, Inc. (NYSE:A) by 983.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,346 shares of the medical research company’s stock after acquiring an additional 23,007 shares during the period. Edgestream Partners L.P.’s holdings in Agilent Technologies were worth $2,889,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Core Wealth Advisors LLC bought a new stake in shares of Agilent Technologies during the 4th quarter valued at $26,000. SHP Wealth Management bought a new position in Agilent Technologies in the 4th quarter worth about $26,000. Navalign LLC bought a new position in Agilent Technologies in the 4th quarter worth about $27,000. Cedar Mountain Advisors LLC purchased a new position in Agilent Technologies during the 1st quarter valued at about $27,000. Finally, MV Capital Management Inc. purchased a new position in Agilent Technologies during the 4th quarter valued at about $28,000.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on A shares. Royal Bank Of Canada began coverage on Agilent Technologies in a research report on Wednesday, May 27th. They set an “outperform” rating and a $153.00 price target on the stock. Sanford C. Bernstein began coverage on shares of Agilent Technologies in a research report on Friday, June 26th. They issued an “outperform” rating and a $155.00 price objective for the company. Bank of America raised shares of Agilent Technologies from a “neutral” rating to a “buy” rating and reduced their price objective for the company from $150.00 to $145.00 in a research note on Thursday, May 28th. Wells Fargo & Company decreased their target price on shares of Agilent Technologies from $165.00 to $160.00 and set an “overweight” rating on the stock in a report on Thursday, May 28th. Finally, Wolfe Research reiterated a “hold” rating on shares of Agilent Technologies in a research note on Tuesday, June 2nd. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Agilent Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $159.35.

Agilent Technologies Price Performance

Agilent Technologies stock opened at $138.32 on Friday. Agilent Technologies, Inc. has a 52 week low of $108.35 and a 52 week high of $160.27. The business has a 50-day simple moving average of $132.35 and a 200 day simple moving average of $125.30. The company has a quick ratio of 1.62, a current ratio of 2.10 and a debt-to-equity ratio of 0.43. The stock has a market cap of $39.06 billion, a price-to-earnings ratio of 27.77, a PEG ratio of 2.46 and a beta of 1.25.

Agilent Technologies (NYSE:A) last announced its earnings results on Wednesday, May 27th. The medical research company reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.08. Agilent Technologies had a return on equity of 24.33% and a net margin of 19.55%.The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same period in the prior year, the company earned $1.31 EPS. The company’s quarterly revenue was up 10.0% compared to the same quarter last year. Agilent Technologies has set its FY 2026 guidance at 6.000-6.100 EPS and its Q3 2026 guidance at 1.480-1.500 EPS. On average, research analysts forecast that Agilent Technologies, Inc. will post 6.01 earnings per share for the current fiscal year.

Agilent Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th were given a $0.255 dividend. This represents a $1.02 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Tuesday, June 30th. Agilent Technologies’s dividend payout ratio is 20.48%.

About Agilent Technologies

Agilent Technologies is a global provider of scientific instrumentation, consumables, software and services for laboratories across the life sciences, diagnostics and applied chemical markets. The company’s product portfolio includes analytical instruments such as liquid and gas chromatographs, mass spectrometers, spectroscopy systems, and laboratory automation solutions, together with reagents, supplies and informatics tools that support measurement, testing and data analysis workflows. Agilent also offers instrument maintenance, qualification and laboratory services designed to help customers improve productivity and comply with regulatory requirements.

Founded as a corporate spin-off from Hewlett‑Packard in 1999, Agilent has evolved through a combination of strategic restructuring and acquisitions to concentrate on life sciences, diagnostics and applied laboratories.