Brighton Jones LLC Buys Shares of 9,456 Agilent Technologies, Inc. (A)
Brighton Jones LLC bought a new position in Agilent Technologies, Inc. (NYSE:A) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 9,456 shares of the medical research company’s stock, valued at approximately $607,000.
A number of other hedge funds have also recently modified their holdings of the business. Geneva Partners LLC bought a new stake in shares of Agilent Technologies during the 3rd quarter worth about $510,000. Chartwell Investment Partners LLC boosted its stake in shares of Agilent Technologies by 4.7% during the 3rd quarter. Chartwell Investment Partners LLC now owns 21,007 shares of the medical research company’s stock worth $1,348,000 after acquiring an additional 952 shares in the last quarter. Buckingham Asset Management LLC boosted its stake in shares of Agilent Technologies by 27.1% during the 3rd quarter. Buckingham Asset Management LLC now owns 5,473 shares of the medical research company’s stock worth $351,000 after acquiring an additional 1,166 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Agilent Technologies by 9.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,027,119 shares of the medical research company’s stock worth $65,943,000 after acquiring an additional 91,608 shares in the last quarter. Finally, 361 Capital LLC bought a new stake in shares of Agilent Technologies during the 3rd quarter worth about $2,021,000.
Several analysts recently weighed in on A shares. BidaskClub downgraded Agilent Technologies from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 31st. Zacks Investment Research upgraded Agilent Technologies from a “hold” rating to a “buy” rating and set a $74.00 target price for the company in a research note on Tuesday, October 10th. Deutsche Bank AG set a $68.00 target price on Agilent Technologies and gave the company a “buy” rating in a research note on Wednesday, August 16th. Janney Montgomery Scott increased their target price on Agilent Technologies from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, August 16th. Finally, Jefferies Group LLC restated a “buy” rating and set a $66.00 target price on shares of Agilent Technologies in a research note on Wednesday, August 9th. Five investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $67.84.
In other news, CEO Michael R. Mcmullen sold 22,481 shares of the stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $68.77, for a total value of $1,546,018.37. Following the completion of the transaction, the chief executive officer now directly owns 336,637 shares of the company’s stock, valued at approximately $23,150,526.49. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Didier Hirsch sold 1,200 shares of the stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $66.00, for a total value of $79,200.00. Following the completion of the transaction, the chief financial officer now directly owns 164,202 shares of the company’s stock, valued at $10,837,332. The disclosure for this sale can be found here. Insiders sold a total of 90,228 shares of company stock valued at $5,938,206 in the last quarter.
Shares of Agilent Technologies, Inc. (A) traded up $1.17 during mid-day trading on Tuesday, hitting $69.96. The company’s stock had a trading volume of 4,141,100 shares, compared to its average volume of 1,836,956. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.22 and a quick ratio of 2.76. Agilent Technologies, Inc. has a 52 week low of $42.92 and a 52 week high of $70.23. The company has a market cap of $22,520.00, a P/E ratio of 30.04, a P/E/G ratio of 2.70 and a beta of 1.28.
Agilent Technologies (NYSE:A) last announced its quarterly earnings data on Monday, November 20th. The medical research company reported $0.67 EPS for the quarter, topping the Zacks’ consensus estimate of $0.62 by $0.05. Agilent Technologies had a return on equity of 16.95% and a net margin of 14.36%. The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter last year, the company earned $0.59 EPS. The company’s quarterly revenue was up 7.0% on a year-over-year basis. equities analysts expect that Agilent Technologies, Inc. will post 2.32 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 24th. Shareholders of record on Tuesday, January 2nd will be given a $0.149 dividend. The ex-dividend date is Friday, December 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.85%. This is an increase from Agilent Technologies’s previous quarterly dividend of $0.13. Agilent Technologies’s dividend payout ratio (DPR) is currently 27.32%.
COPYRIGHT VIOLATION NOTICE: “Brighton Jones LLC Buys Shares of 9,456 Agilent Technologies, Inc. (A)” was originally published by Daily Political and is owned by of Daily Political. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of US & international trademark and copyright laws. The original version of this piece of content can be viewed at https://www.dailypolitical.com/2017/11/21/brighton-jones-llc-buys-shares-of-9456-agilent-technologies-inc-a.html.
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.
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.