Vestcor Inc Sells 5,308 Shares of Agilent Technologies, Inc. $A

Vestcor Inc lessened its holdings in Agilent Technologies, Inc. (NYSE:A) by 31.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,374 shares of the medical research company’s stock after selling 5,308 shares during the quarter. Vestcor Inc’s holdings in Agilent Technologies were worth $1,548,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of A. Core Wealth Advisors LLC acquired a new position in Agilent Technologies in the fourth quarter valued at approximately $26,000. Board of the Pension Protection Fund acquired a new stake in Agilent Technologies during the 4th quarter worth $27,000. Navalign LLC acquired a new stake in Agilent Technologies during the 4th quarter worth $27,000. Entrust Financial LLC bought a new stake in shares of Agilent Technologies during the 4th quarter valued at $31,000. Finally, Torren Management LLC acquired a new position in shares of Agilent Technologies in the 4th quarter valued at $32,000.

Agilent Technologies Price Performance

A opened at $135.51 on Monday. The company has a quick ratio of 1.62, a current ratio of 2.10 and a debt-to-equity ratio of 0.43. Agilent Technologies, Inc. has a 12 month low of $108.35 and a 12 month high of $160.27. The company has a fifty day simple moving average of $118.35 and a 200 day simple moving average of $128.24. The stock has a market cap of $38.27 billion, a P/E ratio of 27.21, a P/E/G ratio of 2.41 and a beta of 1.26.

Agilent Technologies (NYSE:A) last posted its earnings results 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 firm had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same period in the previous year, the company posted $1.31 earnings per share. The company’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, research analysts expect that Agilent Technologies, Inc. will post 5.99 EPS for the current year.

Agilent Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a dividend 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 have recently issued reports on A. Wells Fargo & Company reduced their price target on Agilent Technologies from $165.00 to $160.00 and set an “overweight” rating on the stock in a research report on Thursday, May 28th. UBS Group dropped their price objective on Agilent Technologies from $180.00 to $165.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Weiss Ratings raised Agilent Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. HSBC decreased their target price on Agilent Technologies from $180.00 to $165.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. Finally, Robert W. Baird upped their price target on Agilent Technologies from $155.00 to $156.00 and gave the company an “outperform” rating in a research note on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two 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 $161.71.

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.