Mirae Asset Global Investments Co. Ltd. Raises Position in Agilent Technologies, Inc. $A

Mirae Asset Global Investments Co. Ltd. raised its position in shares of Agilent Technologies, Inc. (NYSE:A) by 9.3% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 65,559 shares of the medical research company’s stock after acquiring an additional 5,570 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Agilent Technologies were worth $8,708,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Core Wealth Advisors LLC purchased a new position in shares of Agilent Technologies in the 4th quarter valued at approximately $26,000. SHP Wealth Management bought a new stake in shares of Agilent Technologies during the fourth quarter valued at approximately $26,000. Navalign LLC purchased a new stake in Agilent Technologies in the fourth quarter worth $27,000. Cedar Mountain Advisors LLC purchased a new stake in Agilent Technologies in the first quarter worth $27,000. Finally, MV Capital Management Inc. bought a new position in Agilent Technologies in the fourth quarter worth $28,000.

Agilent Technologies Stock Up 0.7%

Shares of Agilent Technologies stock opened at $149.33 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 $42.18 billion, a PE ratio of 29.99, a price-to-earnings-growth ratio of 2.62 and a beta of 1.25. Agilent Technologies, Inc. has a 52-week low of $108.35 and a 52-week high of $160.27. The company has a 50-day simple moving average of $135.12 and a two-hundred day simple moving average of $125.40.

Agilent Technologies (NYSE:A) last posted its quarterly earnings results on Wednesday, May 27th. The medical research company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.08. The firm had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.80 billion. Agilent Technologies had a net margin of 19.55% and a return on equity of 24.33%. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the company 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. On average, analysts anticipate that Agilent Technologies, Inc. will post 6.03 EPS for the current fiscal year.

Agilent Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders 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 dividend on an annualized basis and a dividend yield of 0.7%. Agilent Technologies’s dividend payout ratio (DPR) is presently 20.48%.

Analysts Set New Price Targets

Several equities analysts have commented on A shares. HSBC lowered their price objective 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. Wolfe Research reiterated a “hold” rating on shares of Agilent Technologies in a research note on Tuesday, June 2nd. Bank of America raised shares of Agilent Technologies from a “neutral” rating to a “buy” rating and lowered their price target for the company from $150.00 to $145.00 in a research report on Thursday, May 28th. TD Cowen boosted their price objective on shares of Agilent Technologies from $147.00 to $155.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Finally, Wall Street Zen upgraded shares of Agilent Technologies from a “hold” rating to a “buy” rating in a report on Sunday, August 2nd. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Agilent Technologies presently has an average rating of “Moderate Buy” and an average target price of $160.24.

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.