Jennison Associates LLC Raises Stake in Agilent Technologies, Inc. $A

Jennison Associates LLC increased its position in shares of Agilent Technologies, Inc. (NYSE:A) by 81.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 621,278 shares of the medical research company’s stock after acquiring an additional 278,571 shares during the quarter. Jennison Associates LLC’s holdings in Agilent Technologies were worth $82,524,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Core Wealth Advisors LLC purchased a new stake in shares of Agilent Technologies in the 4th quarter valued at approximately $26,000. SHP Wealth Management acquired a new stake in shares of Agilent Technologies during the 4th quarter worth approximately $26,000. Navalign LLC purchased a new stake in shares of Agilent Technologies during the 4th quarter valued at approximately $27,000. Cedar Mountain Advisors LLC purchased a new stake in shares of Agilent Technologies during the 1st quarter valued at approximately $27,000. Finally, MV Capital Management Inc. acquired a new position in Agilent Technologies in the fourth quarter valued at approximately $28,000.

Analyst Upgrades and Downgrades

A has been the subject of several analyst reports. TD Cowen increased their price objective on Agilent Technologies from $147.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Piper Sandler assumed coverage on Agilent Technologies in a research report on Thursday, June 11th. They issued a “neutral” rating and a $150.00 target price on the stock. Bank of America raised Agilent Technologies from a “neutral” rating to a “buy” rating and decreased their price target for the company from $150.00 to $145.00 in a research note on Thursday, May 28th. Robert W. Baird increased their price target on Agilent Technologies from $155.00 to $156.00 and gave the stock an “outperform” rating in a report on Tuesday, May 26th. Finally, Weiss Ratings raised Agilent Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Agilent Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $160.24.

Agilent Technologies Stock Performance

NYSE:A opened at $148.55 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.62 and a current ratio of 2.10. The stock has a market capitalization of $41.95 billion, a P/E ratio of 29.83, a PEG ratio of 2.64 and a beta of 1.25. The company has a 50 day moving average price of $135.38 and a 200 day moving average price of $125.56. Agilent Technologies, Inc. has a fifty-two week low of $108.35 and a fifty-two week high of $160.27.

Agilent Technologies (NYSE:A) last issued its quarterly earnings data on Wednesday, May 27th. The medical research company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.08. The business had revenue of $1.83 billion during the quarter, compared to analysts’ expectations 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 was up 10.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.31 earnings per share. 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. Equities research analysts forecast that Agilent Technologies, Inc. will post 6.03 EPS for the current year.

Agilent Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th were issued a $0.255 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.02 annualized dividend and a yield of 0.7%. Agilent Technologies’s dividend payout ratio (DPR) is 20.48%.

Agilent Technologies Profile

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.