Prudential PLC cut its stake in shares of Agilent Technologies, Inc. (NYSE:A – Free Report) by 82.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 14,759 shares of the medical research company’s stock after selling 69,620 shares during the quarter. Prudential PLC’s holdings in Agilent Technologies were worth $2,008,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of A. Core Wealth Advisors LLC bought a new position in Agilent Technologies in the fourth quarter worth approximately $26,000. Board of the Pension Protection Fund bought a new stake in Agilent Technologies during the 4th quarter valued at $27,000. Navalign LLC purchased a new stake in shares of Agilent Technologies in the 4th quarter worth $27,000. Entrust Financial LLC bought a new position in shares of Agilent Technologies during the 4th quarter worth $31,000. Finally, Torren Management LLC bought a new position in shares of Agilent Technologies during the 4th quarter worth $32,000.
Agilent Technologies Price Performance
A opened at $135.51 on Monday. The business’s 50-day moving average is $118.35 and its two-hundred day moving average is $128.24. Agilent Technologies, Inc. has a 1 year low of $108.35 and a 1 year high of $160.27. 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 firm has a market capitalization of $38.27 billion, a PE ratio of 27.21, a price-to-earnings-growth ratio of 2.41 and a beta of 1.26.
Agilent Technologies Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th will be paid a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a yield of 0.8%. The ex-dividend date is Tuesday, June 30th. Agilent Technologies’s payout ratio is 20.48%.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on A. Morgan Stanley decreased their price objective on Agilent Technologies from $180.00 to $160.00 and set an “overweight” rating for the company in a report on Tuesday, March 3rd. Wall Street Zen upgraded shares of Agilent Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 30th. TD Cowen boosted their price target on shares of Agilent Technologies from $147.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Wells Fargo & Company dropped their price objective on shares of Agilent Technologies from $165.00 to $160.00 and set an “overweight” rating on the stock in a research note on Thursday, May 28th. Finally, 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 report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Agilent Technologies presently has an average rating of “Moderate Buy” and an average price target of $161.71.
Check Out Our Latest Report on Agilent Technologies
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.
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