Agilent Technologies, Inc. (NYSE:A) Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System reduced its stake in Agilent Technologies, Inc. (NYSE:A) by 3.3% in the 2nd quarter, Holdings Channel reports. The firm owned 690,045 shares of the medical research company’s stock after selling 23,845 shares during the quarter. California Public Employees Retirement System’s holdings in Agilent Technologies were worth $101,996,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. BlackRock Inc. grew its stake in shares of Agilent Technologies by 2.3% during the second quarter. BlackRock Inc. now owns 25,652,287 shares of the medical research company’s stock valued at $3,791,666,000 after acquiring an additional 574,202 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Agilent Technologies by 0.3% during the second quarter. Vanguard Group Inc. now owns 23,885,381 shares of the medical research company’s stock worth $3,530,497,000 after purchasing an additional 68,755 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Agilent Technologies by 10.1% during the second quarter. Geode Capital Management LLC now owns 5,740,962 shares of the medical research company’s stock worth $846,496,000 after purchasing an additional 524,376 shares during the last quarter. Impax Asset Management Group plc lifted its position in shares of Agilent Technologies by 1.4% during the second quarter. Impax Asset Management Group plc now owns 4,053,192 shares of the medical research company’s stock worth $599,102,000 after purchasing an additional 57,641 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Agilent Technologies by 26.4% during the second quarter. Massachusetts Financial Services Co. MA now owns 3,922,079 shares of the medical research company’s stock worth $579,722,000 after purchasing an additional 818,615 shares during the last quarter.

A number of equities analysts have issued reports on the stock. Zacks Investment Research raised shares of Agilent Technologies from a “hold” rating to a “buy” rating and set a $168.00 target price on the stock in a report on Wednesday, September 29th. KeyCorp raised their target price on shares of Agilent Technologies from $160.00 to $195.00 and gave the stock an “overweight” rating in a report on Wednesday, August 18th. Jefferies Financial Group raised their target price on shares of Agilent Technologies from $155.00 to $185.00 and gave the stock a “buy” rating in a report on Wednesday, August 18th. Wells Fargo & Company raised their target price on shares of Agilent Technologies from $150.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, August 18th. Finally, SVB Leerink raised their target price on shares of Agilent Technologies from $160.00 to $170.00 and gave the stock an “outperform” rating in a report on Wednesday, August 18th. One analyst has rated the stock with a hold rating and twenty-two have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $141.82.

In related news, SVP Dominique Grau sold 9,033 shares of the firm’s stock in a transaction that occurred on Wednesday, August 18th. The shares were sold at an average price of $165.06, for a total value of $1,490,986.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Agilent Technologies stock opened at $150.22 on Thursday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.63 and a current ratio of 2.11. The firm has a market cap of $45.48 billion, a price-to-earnings ratio of 46.94, a price-to-earnings-growth ratio of 3.17 and a beta of 1.00. Agilent Technologies, Inc. has a 1 year low of $100.65 and a 1 year high of $179.57. The firm’s 50 day moving average price is $165.93 and its two-hundred day moving average price is $148.87.

Agilent Technologies (NYSE:A) last posted its quarterly earnings results on Monday, August 16th. The medical research company reported $1.10 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.11. The firm had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.54 billion. Agilent Technologies had a net margin of 16.12% and a return on equity of 26.12%. The firm’s quarterly revenue was up 25.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.78 earnings per share. As a group, equities analysts predict that Agilent Technologies, Inc. will post 4.31 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 27th. Investors of record on Tuesday, October 5th will be paid a $0.194 dividend. This represents a $0.78 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date is Monday, October 4th. Agilent Technologies’s dividend payout ratio is 23.78%.

Agilent Technologies Profile

Agilent Technologies, Inc engages in the provision of application focused solutions for life sciences, diagnostics, and applied chemical markets. It operates through the following segments: Life Sciences and Applied Markets; Diagnostics and Genomics; and Agilent CrossLab. The Life Sciences and Applied Markets segment offers application-focused solutions that include instruments and software that enable to identify, quantify, and analyze the physical and biological properties of substances and products, as well as the clinical and life sciences research areas to interrogate samples at the molecular and cellular level.

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Institutional Ownership by Quarter for Agilent Technologies (NYSE:A)

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