Agilent Technologies Inc. (A) Plans $0.12 Quarterly Dividend
Agilent Technologies Inc. (NYSE:A) announced a quarterly dividend on Wednesday, September 21st. Investors of record on Tuesday, October 4th will be paid a dividend of 0.115 per share on Wednesday, October 26th. This represents a $0.46 annualized dividend and a yield of 1.00%.
Agilent Technologies (NYSE:A) opened at 46.04 on Thursday. Agilent Technologies has a 12-month low of $33.12 and a 12-month high of $48.63. The company’s 50-day moving average price is $46.86 and its 200-day moving average price is $44.08. The stock has a market cap of $14.93 billion, a PE ratio of 31.93 and a beta of 1.41.
Agilent Technologies (NYSE:A) last issued its quarterly earnings results on Wednesday, August 17th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.05 billion. Agilent Technologies had a return on equity of 14.97% and a net margin of 11.59%. Agilent Technologies’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.44 earnings per share. On average, equities analysts expect that Agilent Technologies will post $1.91 EPS for the current fiscal year.
In other Agilent Technologies news, Director James Cullen sold 13,574 shares of the stock in a transaction that occurred on Monday, August 22nd. The stock was sold at an average price of $47.52, for a total transaction of $645,036.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Heidi Fields sold 8,072 shares of the stock in a transaction that occurred on Tuesday, September 6th. The shares were sold at an average price of $46.99, for a total value of $379,303.28. Following the transaction, the director now directly owns 51,836 shares of the company’s stock, valued at approximately $2,435,773.64. The disclosure for this sale can be found here.
Several institutional investors have recently made changes to their positions in A. Public Sector Pension Investment Board boosted its position in shares of Agilent Technologies by 16.3% in the second quarter. Public Sector Pension Investment Board now owns 62,142 shares of the company’s stock worth $2,757,000 after buying an additional 8,700 shares during the last quarter. National Pension Service boosted its stake in Agilent Technologies by 9.5% in the second quarter. National Pension Service now owns 241,119 shares of the company’s stock valued at $10,696,000 after buying an additional 20,975 shares in the last quarter. Employees Retirement System of Texas boosted its stake in Agilent Technologies by 696.0% in the second quarter. Employees Retirement System of Texas now owns 199,000 shares of the company’s stock valued at $8,828,000 after buying an additional 174,000 shares in the last quarter. Advisor Partners LLC bought a new stake in Agilent Technologies during the second quarter valued at approximately $228,000. Finally, Tredje AP fonden boosted its stake in Agilent Technologies by 12.1% in the second quarter. Tredje AP fonden now owns 35,463 shares of the company’s stock valued at $1,577,000 after buying an additional 3,820 shares in the last quarter.
Several brokerages recently issued reports on A. Robert W. Baird lifted their target price on Agilent Technologies from $48.00 to $52.00 and gave the company an “outperform” rating in a research note 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 note on Thursday, August 18th. Evercore ISI lifted their target price on Agilent Technologies from $50.00 to $53.00 and gave the company a “buy” rating in a research note on Thursday, August 18th. Cowen and Company lifted their target price on Agilent Technologies from $49.00 to $51.00 and gave the company an “outperform” rating in a research note on Thursday, August 18th. Finally, BTIG Research reissued a “buy” rating and set a $55.00 target price on shares of Agilent Technologies in a research note on Thursday, August 18th. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $48.32.
About Agilent Technologies
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.
Receive News & Ratings for Agilent Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agilent Technologies Inc. and related companies with MarketBeat.com's FREE daily email newsletter.