Bessemer Group Inc. Cuts Holdings in Agilent Technologies, Inc. $A

Bessemer Group Inc. decreased its position in Agilent Technologies, Inc. (NYSE:A) by 37.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 566,663 shares of the medical research company’s stock after selling 341,594 shares during the period. Bessemer Group Inc.’s holdings in Agilent Technologies were worth $64,588,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. Core Wealth Advisors LLC purchased a new position in shares of Agilent Technologies in the 4th quarter worth approximately $26,000. SHP Wealth Management purchased a new stake in shares of Agilent Technologies during the fourth quarter valued at approximately $26,000. Board of the Pension Protection Fund purchased a new stake in shares of Agilent Technologies during the fourth quarter valued at approximately $27,000. Navalign LLC bought a new stake in Agilent Technologies during the fourth quarter worth $27,000. Finally, Cedar Mountain Advisors LLC purchased a new position in Agilent Technologies in the first quarter worth $27,000.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Wall Street Zen upgraded Agilent Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. Weiss Ratings raised shares of Agilent Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Royal Bank Of Canada initiated coverage on shares of Agilent Technologies in a research report on Wednesday, May 27th. They set an “outperform” rating and a $153.00 price target for the company. TD Cowen raised their price objective on shares of Agilent Technologies from $147.00 to $155.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Finally, Barclays lifted their price objective on shares of Agilent Technologies from $145.00 to $150.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 24th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Agilent Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $159.35.

Agilent Technologies Stock Down 3.5%

Shares of NYSE A opened at $131.34 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.10 and a quick ratio of 1.62. The stock has a market capitalization of $37.09 billion, a PE ratio of 26.37, a P/E/G ratio of 2.42 and a beta of 1.25. Agilent Technologies, Inc. has a one year low of $108.35 and a one year high of $160.27. The business’s fifty day moving average price is $127.49 and its 200-day moving average price is $125.63.

Agilent Technologies (NYSE:A) last announced its quarterly earnings data on Wednesday, May 27th. The medical research company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.08. Agilent Technologies had a return on equity of 24.33% and a net margin of 19.55%.The company had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.80 billion. During the same quarter last year, the firm posted $1.31 EPS. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. 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. On average, equities research analysts anticipate that Agilent Technologies, Inc. will post 6 EPS for the current year.

Agilent Technologies Announces Dividend

The firm also recently announced 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. The ex-dividend date is Tuesday, June 30th. This represents a $1.02 annualized dividend and a dividend yield of 0.8%. Agilent Technologies’s dividend payout ratio (DPR) is presently 20.48%.

About Agilent Technologies

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.