Patrick Kaltenbach Sells 5,000 Shares of Agilent Technologies, Inc. (A) Stock
Agilent Technologies, Inc. (NYSE:A) insider Patrick Kaltenbach sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $69.56, for a total value of $347,800.00. Following the completion of the sale, the insider now owns 75,504 shares of the company’s stock, valued at approximately $5,252,058.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Patrick Kaltenbach also recently made the following trade(s):
- On Wednesday, November 22nd, Patrick Kaltenbach sold 7,358 shares of Agilent Technologies stock. The shares were sold at an average price of $69.28, for a total value of $509,762.24.
- On Friday, September 8th, Patrick Kaltenbach sold 5,000 shares of Agilent Technologies stock. The shares were sold at an average price of $65.26, for a total value of $326,300.00.
Agilent Technologies, Inc. (NYSE:A) traded down $0.55 during trading on Friday, hitting $68.69. The stock had a trading volume of 2,516,520 shares, compared to its average volume of 1,938,537. Agilent Technologies, Inc. has a twelve month low of $43.27 and a twelve month high of $70.93. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.30 and a quick ratio of 2.85. The stock has a market capitalization of $22,283.37, a PE ratio of 29.22, a PEG ratio of 2.09 and a beta of 1.27.
Agilent Technologies (NYSE:A) last released its quarterly earnings results on Monday, November 20th. The medical research company reported $0.67 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.62 by $0.05. Agilent Technologies had a return on equity of 16.96% and a net margin of 15.30%. The business had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter in the prior year, the business earned $0.59 earnings per share. The company’s quarterly revenue was up 7.0% compared to the same quarter last year. sell-side analysts expect that Agilent Technologies, Inc. will post 2.58 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 24th. Stockholders of record on Tuesday, January 2nd will be paid a dividend of $0.149 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.87%. The ex-dividend date of this dividend is Friday, December 29th. This is a boost from Agilent Technologies’s previous quarterly dividend of $0.13. Agilent Technologies’s dividend payout ratio is 25.24%.
A has been the subject of a number of research reports. Zacks Investment Research upgraded Agilent Technologies from a “hold” rating to a “buy” rating and set a $76.00 price objective for the company in a research note on Tuesday, October 31st. Robert W. Baird reiterated a “buy” rating and issued a $70.00 price objective on shares of Agilent Technologies in a research note on Friday, October 20th. Cowen reiterated a “hold” rating and issued a $65.00 price objective on shares of Agilent Technologies in a research note on Thursday, September 28th. Jefferies Group restated a “buy” rating and set a $66.00 price target on shares of Agilent Technologies in a research note on Wednesday, August 9th. Finally, BidaskClub upgraded Agilent Technologies from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 6th. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Agilent Technologies has an average rating of “Buy” and an average target price of $68.34.
Large investors have recently added to or reduced their stakes in the business. Jennison Associates LLC purchased a new position in Agilent Technologies in the second quarter worth $212,000. Commerce Bank purchased a new position in Agilent Technologies in the second quarter worth $1,242,000. Delta Lloyd Asset Management N.V. purchased a new position in Agilent Technologies in the second quarter worth $2,026,000. Prudential Financial Inc. raised its position in Agilent Technologies by 2.5% in the second quarter. Prudential Financial Inc. now owns 457,503 shares of the medical research company’s stock worth $27,134,000 after acquiring an additional 11,020 shares in the last quarter. Finally, Cipher Capital LP raised its position in Agilent Technologies by 18.1% in the second quarter. Cipher Capital LP now owns 89,523 shares of the medical research company’s stock worth $5,309,000 after acquiring an additional 13,703 shares in the last quarter.
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.
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