Agilent Technologies Inc (A) Holdings Boosted by Teacher Retirement System of Texas
Teacher Retirement System of Texas raised its holdings in Agilent Technologies Inc (NYSE:A) by 1,700.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 244,766 shares of the medical research company’s stock after buying an additional 231,170 shares during the quarter. Teacher Retirement System of Texas’ holdings in Agilent Technologies were worth $16,392,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of A. Sumitomo Mitsui Trust Holdings Inc. increased its holdings in shares of 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 in the last quarter. Timber Hill LLC bought a new stake in shares of Agilent Technologies during the third quarter valued at approximately $1,672,000. Colony Group LLC bought a new stake in shares of Agilent Technologies during the second quarter valued at approximately $260,000. Fisher Asset Management LLC bought a new stake in shares of Agilent Technologies during the third quarter valued at approximately $609,000. Finally, Chevy Chase Trust Holdings Inc. increased its holdings in shares of 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 in the last quarter.
Shares of Agilent Technologies Inc (NYSE A) opened at $66.98 on Friday. Agilent Technologies Inc has a 1-year low of $50.02 and a 1-year high of $75.00. The stock has a market capitalization of $21,635.75, a price-to-earnings ratio of 31.90, a P/E/G ratio of 2.02 and a beta of 1.28. The company has a current ratio of 3.30, a quick ratio of 2.85 and a debt-to-equity ratio of 0.37.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 24th. Shareholders of record on Tuesday, January 2nd were given a $0.149 dividend. The ex-dividend date of this dividend was Friday, December 29th. This represents a $0.60 annualized dividend and a yield of 0.89%. This is a boost from Agilent Technologies’s previous quarterly dividend of $0.13. Agilent Technologies’s payout ratio is currently 28.57%.
In other Agilent Technologies news, CEO Michael R. Mcmullen sold 22,481 shares of the business’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $70.00, for a total value of $1,573,670.00. Following the transaction, the chief executive officer now owns 327,882 shares of the company’s stock, valued at $22,951,740. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Mark Doak sold 4,154 shares of the business’s stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $67.00, for a total value of $278,318.00. Following the completion of the transaction, the vice president now directly owns 68,270 shares in the company, valued at approximately $4,574,090. The disclosure for this sale can be found here. In the last three months, insiders sold 219,991 shares of company stock worth $15,468,795.
Several research firms have recently commented on A. Robert W. Baird restated a “buy” rating and set a $76.00 price objective on shares of Agilent Technologies in a report on Thursday, January 18th. Barclays restated a “buy” rating and set a $74.00 price objective on shares of Agilent Technologies in a report on Monday, January 8th. Evercore ISI initiated coverage on Agilent Technologies in a report on Wednesday, January 3rd. They set an “outperform” rating and a $75.00 price target for the company. ValuEngine downgraded Agilent Technologies from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, Cowen reiterated a “hold” rating and set a $70.00 price target on shares of Agilent Technologies in a report on Wednesday, November 22nd. Six research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Agilent Technologies currently has a consensus rating of “Buy” and a consensus price target of $69.25.
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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