Sumitomo Mitsui Trust Group Inc. Decreases Stake in Agilent Technologies, Inc. $A

Sumitomo Mitsui Trust Group Inc. lessened its stake in shares of Agilent Technologies, Inc. (NYSE:A) by 3.3% during the 1st quarter, Holdings Channel reports. The firm owned 615,510 shares of the medical research company’s stock after selling 21,198 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Agilent Technologies were worth $70,156,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of A. Resona Asset Management Co. Ltd. raised its holdings in shares of Agilent Technologies by 1.6% in the first quarter. Resona Asset Management Co. Ltd. now owns 90,440 shares of the medical research company’s stock worth $10,274,000 after buying an additional 1,390 shares during the last quarter. Lmcg Investments LLC grew its holdings in shares of Agilent Technologies by 7.7% during the first quarter. Lmcg Investments LLC now owns 93,891 shares of the medical research company’s stock valued at $10,702,000 after buying an additional 6,697 shares during the last quarter. Whittier Trust Co. grew its holdings in shares of Agilent Technologies by 3.1% during the first quarter. Whittier Trust Co. now owns 4,570 shares of the medical research company’s stock valued at $525,000 after buying an additional 137 shares during the last quarter. Stephens Inc. AR increased its position in shares of Agilent Technologies by 21.0% in the 1st quarter. Stephens Inc. AR now owns 5,960 shares of the medical research company’s stock valued at $679,000 after acquiring an additional 1,036 shares during the period. Finally, Howe & Rusling Inc. purchased a new position in Agilent Technologies in the 1st quarter worth $243,000.

Analyst Ratings Changes

A has been the subject of a number of research reports. HSBC lowered their price target 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. Royal Bank Of Canada began coverage on Agilent Technologies in a research note on Wednesday, May 27th. They issued an “outperform” rating and a $153.00 price objective for the company. Piper Sandler began coverage on Agilent Technologies in a report on Thursday, June 11th. They set a “neutral” rating and a $150.00 target price for the company. Wells Fargo & Company dropped their target price 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. Finally, TD Cowen increased their price target 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. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Agilent Technologies currently has an average rating of “Moderate Buy” and an average target price of $159.35.

Agilent Technologies Stock Performance

Shares of NYSE A traded up $0.98 during trading on Friday, reaching $134.57. 2,175,279 shares of the company traded hands, compared to its average volume of 2,133,368. The firm’s fifty day simple moving average is $125.75 and its 200 day simple moving average is $125.77. The stock has a market cap of $38.01 billion, a P/E ratio of 27.02, a PEG ratio of 2.39 and a beta of 1.25. Agilent Technologies, Inc. has a 12-month low of $108.35 and a 12-month high of $160.27. The company has a current ratio of 2.10, a quick ratio of 1.62 and a debt-to-equity ratio of 0.43.

Agilent Technologies (NYSE:A) last issued its earnings results on Wednesday, May 27th. The medical research company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.08. The firm had revenue of $1.83 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 was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. As a group, research analysts anticipate that Agilent Technologies, Inc. will post 6 earnings per share for the current fiscal year.

Agilent Technologies Dividend Announcement

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

Agilent Technologies Company 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.