California State Teachers Retirement System boosted its position in Agilent Technologies, Inc. (NYSE:A – Free Report) by 12,343.3% during the second quarter, HoldingsChannel reports. The fund owned 54,577,058 shares of the medical research company’s stock after buying an additional 54,138,451 shares during the quarter. California State Teachers Retirement System owned about 0.19% of Agilent Technologies worth $7,249,471,000 as of its most recent filing with the SEC.
Other institutional investors have also added to or reduced their stakes in the company. Core Wealth Advisors LLC bought a new position in Agilent Technologies during the fourth quarter worth about $26,000. SHP Wealth Management bought a new stake in shares of Agilent Technologies in the fourth quarter valued at approximately $26,000. Navalign LLC bought a new stake in shares of Agilent Technologies in the fourth 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, Markowski Investments purchased a new stake in shares of Agilent Technologies during the 2nd quarter valued at approximately $27,000. 87.41% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on A shares. JPMorgan Chase & Co. raised their price objective on shares of Agilent Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, August 27th. Morgan Stanley boosted their target price on shares of Agilent Technologies from $160.00 to $175.00 and gave the company an “overweight” rating in a report on Wednesday, August 12th. TD Cowen increased their target price on Agilent Technologies from $155.00 to $180.00 and gave the stock a “buy” rating in a research report on Thursday, August 27th. HSBC cut their price target on Agilent Technologies from $180.00 to $165.00 and set a “buy” rating for the company in a report on Wednesday, June 3rd. Finally, Piper Sandler began coverage on Agilent Technologies in a research report on Thursday, June 11th. They issued a “neutral” rating and a $150.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $170.33.
Agilent Technologies Price Performance
Agilent Technologies stock opened at $146.80 on Wednesday. The stock has a market cap of $41.39 billion, a price-to-earnings ratio of 28.90, a PEG ratio of 2.30 and a beta of 1.24. The company has a quick ratio of 1.56, a current ratio of 2.05 and a debt-to-equity ratio of 0.50. The business has a 50-day simple moving average of $142.90 and a 200 day simple moving average of $128.22. Agilent Technologies, Inc. has a 52 week low of $108.35 and a 52 week high of $163.75.
Agilent Technologies (NYSE:A – Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The medical research company reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.13. The firm had revenue of $1.88 billion for the quarter, compared to analysts’ expectations of $1.84 billion. Agilent Technologies had a return on equity of 24.45% and a net margin of 19.53%.The company’s revenue was up 8.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.37 EPS. Agilent Technologies has set its Q4 2026 guidance at 1.710-1.740 EPS and its FY 2026 guidance at 6.180-6.210 EPS. On average, research analysts forecast that Agilent Technologies, Inc. will post 6.2 earnings per share for the current fiscal year.
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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