BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp reduced its stake in Agilent Technologies, Inc. (NYSE:A – Free Report) by 12.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 333,775 shares of the medical research company’s stock after selling 47,551 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp owned approximately 0.12% of Agilent Technologies worth $49,559,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of A. Livelsberger Financial Advisory acquired a new stake in shares of Agilent Technologies in the 3rd quarter valued at $28,000. Crewe Advisors LLC raised its stake in Agilent Technologies by 114.8% in the second quarter. Crewe Advisors LLC now owns 189 shares of the medical research company’s stock valued at $25,000 after buying an additional 101 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in Agilent Technologies during the 3rd quarter worth about $31,000. Ridgewood Investments LLC acquired a new position in shares of Agilent Technologies during the 2nd quarter worth about $29,000. Finally, Fortitude Family Office LLC increased its holdings in shares of Agilent Technologies by 68.3% in the 3rd quarter. Fortitude Family Office LLC now owns 234 shares of the medical research company’s stock valued at $35,000 after acquiring an additional 95 shares during the last quarter.
Analyst Ratings Changes
Several research firms recently weighed in on A. Citigroup boosted their target price on Agilent Technologies from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Thursday, August 22nd. Sanford C. Bernstein lowered their target price on shares of Agilent Technologies from $140.00 to $135.00 and set a “market perform” rating for the company in a report on Tuesday. Stifel Nicolaus reiterated a “buy” rating and set a $151.00 price target on shares of Agilent Technologies in a research note on Monday, August 26th. UBS Group upped their price objective on shares of Agilent Technologies from $141.00 to $150.00 and gave the company a “neutral” rating in a research note on Thursday, August 22nd. Finally, Wells Fargo & Company assumed coverage on Agilent Technologies in a report on Tuesday, August 27th. They issued an “overweight” rating and a $157.00 target price for the company. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $143.40.
Insider Transactions at Agilent Technologies
In related news, SVP Dominique Grau sold 9,990 shares of Agilent Technologies stock in a transaction on Thursday, September 26th. The stock was sold at an average price of $145.00, for a total transaction of $1,448,550.00. Following the completion of the transaction, the senior vice president now directly owns 40,011 shares of the company’s stock, valued at approximately $5,801,595. The trade was a 19.98 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Agilent Technologies Stock Down 0.1 %
Shares of Agilent Technologies stock opened at $137.98 on Friday. Agilent Technologies, Inc. has a one year low of $124.16 and a one year high of $155.35. The firm has a fifty day moving average of $137.60 and a two-hundred day moving average of $137.37. The company has a market cap of $39.65 billion, a P/E ratio of 31.22, a PEG ratio of 4.38 and a beta of 1.07. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.37 and a current ratio of 2.09.
Agilent Technologies Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 22nd. Investors of record on Tuesday, December 31st will be issued a dividend of $0.248 per share. This represents a $0.99 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date is Tuesday, December 31st. This is a positive change from Agilent Technologies’s previous quarterly dividend of $0.24. Agilent Technologies’s dividend payout ratio is currently 21.27%.
Agilent Technologies Company 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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