Beck Mack & Oliver LLC held its position in Agilent Technologies Inc. (NYSE:A) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,500 shares of the company’s stock at the end of the second quarter. Beck Mack & Oliver LLC’s holdings in Agilent Technologies were worth $421,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Tocqueville Asset Management L.P. increased its stake in Agilent Technologies by 1.1% in the second quarter. Tocqueville Asset Management L.P. now owns 288,624 shares of the company’s stock worth $12,803,000 after buying an additional 3,100 shares during the last quarter. Nordea Investment Management AB increased its stake in Agilent Technologies by 3.1% in the second quarter. Nordea Investment Management AB now owns 87,825 shares of the company’s stock worth $3,896,000 after buying an additional 2,605 shares during the last quarter. Bristol Gate Capital Partners Inc. bought a new stake in Agilent Technologies during the second quarter worth about $25,564,000. Sumitomo Mitsui Trust Holdings Inc. increased its stake in Agilent Technologies by 14.1% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,036,165 shares of the company’s stock worth $45,964,000 after buying an additional 127,733 shares during the last quarter. Finally, BP PLC bought a new stake in Agilent Technologies during the second quarter worth about $1,862,000.
Agilent Technologies Inc. (NYSE:A) traded up 0.631% during trading on Tuesday, hitting $45.435. 1,049,976 shares of the stock traded hands. The stock has a market cap of $14.74 billion, a PE ratio of 31.508 and a beta of 1.35. Agilent Technologies Inc. has a one year low of $34.15 and a one year high of $48.63. The company has a 50-day moving average price of $46.33 and a 200 day moving average price of $45.02.
Agilent Technologies (NYSE:A) last announced its quarterly earnings results on Wednesday, August 17th. The company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. Agilent Technologies had a return on equity of 14.97% and a net margin of 11.59%. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter last year, the company posted $0.44 earnings per share. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. Analysts expect that Agilent Technologies Inc. will post $1.91 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 26th. Stockholders of record on Tuesday, October 4th will be paid a $0.115 dividend. The ex-dividend date of this dividend is Friday, September 30th. This represents a $0.46 annualized dividend and a dividend yield of 1.02%. Agilent Technologies’s payout ratio is 31.72%.
Several equities research analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Agilent Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, August 23rd. BTIG Research initiated coverage on shares of Agilent Technologies in a research report on Friday, July 22nd. They set a “buy” rating and a $55.00 target price on the stock. Evercore ISI boosted their target price on shares of Agilent Technologies from $50.00 to $53.00 and gave the stock a “buy” rating in a research report on Thursday, August 18th. Goldman Sachs Group Inc. reissued a “buy” rating and set a $50.00 target price on shares of Agilent Technologies in a research report on Thursday, August 18th. Finally, Robert W. Baird boosted their target price on shares of Agilent Technologies from $48.00 to $52.00 and gave the stock an “outperform” rating in a research report on Thursday, August 18th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Agilent Technologies presently has an average rating of “Buy” and a consensus price target of $49.58.
In other news, Director Boon Hwee Koh sold 5,298 shares of the firm’s stock in a transaction on Wednesday, August 24th. The shares were sold at an average price of $47.66, for a total value of $252,502.68. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Patrick Kaltenbach sold 2,000 shares of the firm’s stock in a transaction on Wednesday, August 31st. The stock was sold at an average price of $47.00, for a total transaction of $94,000.00. Following the completion of the sale, the insider now owns 22,463 shares in the company, valued at approximately $1,055,761. The disclosure for this sale can be found here.
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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