California Public Employees Retirement System increased its holdings in Agilent Technologies Inc (NYSE:A) by 3.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 727,952 shares of the medical research company’s stock after purchasing an additional 24,539 shares during the period. California Public Employees Retirement System owned 0.23% of Agilent Technologies worth $48,751,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in the company. Sumitomo Mitsui Trust Holdings Inc. grew its position in Agilent Technologies by 9.9% during the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 998,225 shares of the medical research company’s stock valued at $64,086,000 after acquiring an additional 90,317 shares during the period. Timber Hill LLC purchased a new stake in Agilent Technologies during the third quarter valued at about $1,672,000. Colony Group LLC purchased a new stake in Agilent Technologies during the second quarter valued at about $260,000. Fisher Asset Management LLC purchased a new stake in Agilent Technologies during the third quarter valued at about $609,000. Finally, Chevy Chase Trust Holdings Inc. grew its position in Agilent Technologies by 0.9% during the third quarter. Chevy Chase Trust Holdings Inc. now owns 282,115 shares of the medical research company’s stock valued at $18,112,000 after acquiring an additional 2,599 shares during the period.
In other Agilent Technologies news, insider Mark Doak sold 15,567 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $68.00, for a total transaction of $1,058,556.00. Following the sale, the insider now owns 71,104 shares in the company, valued at $4,835,072. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Michael R. Mcmullen sold 21,850 shares of the company’s stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $75.00, for a total value of $1,638,750.00. Following the sale, the chief executive officer now owns 324,687 shares in the company, valued at approximately $24,351,525. The disclosure for this sale can be found here. In the last quarter, insiders sold 102,970 shares of company stock worth $7,340,641.
A number of equities research analysts have issued reports on A shares. ValuEngine downgraded Agilent Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Barclays boosted their price target on Agilent Technologies from $67.00 to $71.00 and gave the company an “overweight” rating in a research report on Tuesday, November 21st. Deutsche Bank set a $75.00 price target on Agilent Technologies and gave the company a “buy” rating in a research report on Tuesday, November 21st. Morgan Stanley reissued an “overweight” rating on shares of Agilent Technologies in a research report on Tuesday, November 14th. Finally, Zacks Investment Research downgraded Agilent Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, November 16th. Five equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Agilent Technologies presently has a consensus rating of “Buy” and a consensus target price of $70.98.
Agilent Technologies Inc (NYSE:A) traded up $0.15 during trading hours on Thursday, hitting $69.85. The company had a trading volume of 2,453,402 shares, compared to its average volume of 2,880,000. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.78 and a current ratio of 3.23. Agilent Technologies Inc has a fifty-two week low of $50.95 and a fifty-two week high of $75.00. The firm has a market capitalization of $22,540.00, a PE ratio of 31.18, a price-to-earnings-growth ratio of 2.28 and a beta of 1.30.
Agilent Technologies (NYSE:A) last released its quarterly earnings results on Wednesday, February 14th. The medical research company reported $0.66 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.08. Agilent Technologies had a return on equity of 17.70% and a net margin of 4.25%. The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.16 billion. During the same quarter in the previous year, the firm posted $0.53 earnings per share. equities research analysts expect that Agilent Technologies Inc will post 2.67 EPS for the current fiscal year.
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Agilent Technologies Company 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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