Hahn Capital Management LLC Sells 71,425 Shares of Agilent Technologies, Inc. (A)
Hahn Capital Management LLC lessened its holdings in shares of Agilent Technologies, Inc. (NYSE:A) by 10.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 593,133 shares of the medical research company’s stock after selling 71,425 shares during the quarter. Agilent Technologies accounts for approximately 3.7% of Hahn Capital Management LLC’s holdings, making the stock its 9th largest holding. Hahn Capital Management LLC owned 0.18% of Agilent Technologies worth $35,179,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of A. Balentine LLC raised its stake in shares of Agilent Technologies by 2.9% in the 2nd quarter. Balentine LLC now owns 1,794 shares of the medical research company’s stock valued at $106,000 after purchasing an additional 50 shares during the period. Sun Life Financial INC raised its stake in shares of Agilent Technologies by 26,144.4% in the 2nd quarter. Sun Life Financial INC now owns 2,362 shares of the medical research company’s stock valued at $140,000 after purchasing an additional 2,353 shares during the period. Acrospire Investment Management LLC raised its stake in shares of Agilent Technologies by 92.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 2,500 shares of the medical research company’s stock valued at $148,000 after purchasing an additional 1,200 shares during the period. Parallel Advisors LLC raised its stake in shares of Agilent Technologies by 5.3% in the 2nd quarter. Parallel Advisors LLC now owns 2,623 shares of the medical research company’s stock valued at $157,000 after purchasing an additional 131 shares during the period. Finally, Trust Co. of Vermont raised its stake in shares of Agilent Technologies by 1.8% in the 2nd quarter. Trust Co. of Vermont now owns 2,793 shares of the medical research company’s stock valued at $166,000 after purchasing an additional 50 shares during the period.
In other Agilent Technologies news, CFO Didier Hirsch sold 72,545 shares of the stock in a transaction dated Tuesday, August 22nd. The shares were sold at an average price of $62.38, for a total value of $4,525,357.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Mark Doak sold 12,421 shares of the stock in a transaction dated Friday, August 18th. The shares were sold at an average price of $61.57, for a total transaction of $764,760.97. The disclosure for this sale can be found here. In the last quarter, insiders sold 165,720 shares of company stock valued at $10,488,739.
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Several analysts have issued reports on A shares. Jefferies Group LLC reissued a “buy” rating and issued a $66.00 price target on shares of Agilent Technologies in a research note on Wednesday, August 9th. Barclays PLC reissued a “buy” rating and issued a $67.00 price target on shares of Agilent Technologies in a research note on Wednesday, July 19th. Janney Montgomery Scott lifted their price target on Agilent Technologies from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, August 16th. Deutsche Bank AG reissued a “buy” rating and issued a $66.00 price target on shares of Agilent Technologies in a research note on Thursday, June 22nd. Finally, BidaskClub downgraded Agilent Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 12th. Four equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Agilent Technologies presently has a consensus rating of “Buy” and an average target price of $65.12.
Agilent Technologies, Inc. (NYSE A) traded down 0.81% during mid-day trading on Friday, hitting $66.99. The company had a trading volume of 943,164 shares. The company’s 50 day moving average price is $65.36 and its 200-day moving average price is $59.96. The firm has a market capitalization of $21.56 billion, a PE ratio of 34.55 and a beta of 1.30. Agilent Technologies, Inc. has a 12-month low of $42.92 and a 12-month high of $67.82.
Agilent Technologies (NYSE:A) last posted its earnings results on Tuesday, August 15th. The medical research company reported $0.59 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.07. Agilent Technologies had a net margin of 14.36% and a return on equity of 16.95%. The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the prior year, the business posted $0.49 EPS. The firm’s revenue was up 6.7% compared to the same quarter last year. On average, analysts forecast that Agilent Technologies, Inc. will post $2.32 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 25th. Shareholders of record on Tuesday, October 3rd will be paid a $0.132 dividend. The ex-dividend date is Monday, October 2nd. This represents a $0.53 annualized dividend and a yield of 0.79%. Agilent Technologies’s dividend payout ratio (DPR) is 27.32%.
Agilent Technologies 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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