Norges Bank Invests $549.16 Million in Agilent Technologies, Inc. $A

Norges Bank purchased a new position in Agilent Technologies, Inc. (NYSE:AFree Report) during the 4th quarter, Holdings Channel.com reports. The firm purchased 4,035,849 shares of the medical research company’s stock, valued at approximately $549,158,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Board of the Pension Protection Fund purchased a new stake in shares of Agilent Technologies in the 4th quarter worth approximately $27,000. Navalign LLC purchased a new stake in shares of Agilent Technologies in the 4th quarter worth approximately $27,000. Entrust Financial LLC purchased a new stake in shares of Agilent Technologies in the 4th quarter worth approximately $31,000. Physician Wealth Advisors Inc. grew its stake in shares of Agilent Technologies by 490.0% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 236 shares of the medical research company’s stock worth $30,000 after buying an additional 196 shares during the last quarter. Finally, Torren Management LLC purchased a new stake in shares of Agilent Technologies in the 4th quarter worth approximately $32,000.

Agilent Technologies Stock Performance

Shares of NYSE A opened at $135.38 on Monday. The firm’s 50-day moving average price is $115.93 and its 200-day moving average price is $128.63. The company has a quick ratio of 1.62, a current ratio of 2.10 and a debt-to-equity ratio of 0.43. The company has a market cap of $38.26 billion, a PE ratio of 27.19, a PEG ratio of 2.77 and a beta of 1.26. Agilent Technologies, Inc. has a 52-week low of $108.35 and a 52-week high of $160.27.

Agilent Technologies (NYSE:AGet Free Report) last released its quarterly earnings results on Wednesday, May 27th. The medical research company reported $1.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.08. The firm had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.80 billion. Agilent Technologies had a return on equity of 24.33% and a net margin of 19.55%.The company’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period last year, the business posted $1.31 EPS. Agilent Technologies has set its FY 2026 guidance at 6.000-6.100 EPS and its Q3 2026 guidance at 1.480-1.500 EPS. As a group, analysts anticipate that Agilent Technologies, Inc. will post 5.98 EPS for the current year.

Agilent Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Tuesday, June 30th will be paid a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Tuesday, June 30th. Agilent Technologies’s dividend payout ratio (DPR) is 20.48%.

Analyst Ratings Changes

Several analysts recently commented on the stock. UBS Group cut their price objective on shares of Agilent Technologies from $180.00 to $165.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. TD Cowen increased their price objective on shares of Agilent Technologies from $147.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday. Wall Street Zen raised shares of Agilent Technologies from a “hold” rating to a “buy” rating in a research report on Saturday. Barclays increased their price objective on shares of Agilent Technologies from $140.00 to $145.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, Bank of America raised shares of Agilent Technologies from a “neutral” rating to a “buy” rating and cut their price objective for the company from $150.00 to $145.00 in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Agilent Technologies has a consensus rating of “Buy” and an average target price of $162.79.

Read Our Latest Stock Report on A

Agilent Technologies News Roundup

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Agilent Technologies Company Profile

(Free Report)

Agilent Technologies is a global provider of scientific instrumentation, consumables, software and services for laboratories across the life sciences, diagnostics and applied chemical markets. The company’s product portfolio includes analytical instruments such as liquid and gas chromatographs, mass spectrometers, spectroscopy systems, and laboratory automation solutions, together with reagents, supplies and informatics tools that support measurement, testing and data analysis workflows. Agilent also offers instrument maintenance, qualification and laboratory services designed to help customers improve productivity and comply with regulatory requirements.

Founded as a corporate spin-off from Hewlett‑Packard in 1999, Agilent has evolved through a combination of strategic restructuring and acquisitions to concentrate on life sciences, diagnostics and applied laboratories.

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Institutional Ownership by Quarter for Agilent Technologies (NYSE:A)

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