TD Asset Management Inc. lowered its stake in shares of Agilent Technologies, Inc. (NYSE:A) by 3.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 607,928 shares of the medical research company’s stock after selling 22,432 shares during the period. TD Asset Management Inc. owned approximately 0.19% of Agilent Technologies worth $39,029,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently modified their holdings of the company. Jennison Associates LLC bought a new position in Agilent Technologies during the second quarter worth about $212,000. Commerce Bank acquired a new stake in shares of Agilent Technologies during the second quarter worth about $1,242,000. Delta Lloyd Asset Management N.V. acquired a new stake in shares of Agilent Technologies during the second quarter worth about $2,026,000. Sumitomo Mitsui Trust Holdings Inc. raised its position in shares of Agilent Technologies by 9.9% during the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 998,225 shares of the medical research company’s stock worth $64,086,000 after purchasing an additional 90,317 shares during the period. Finally, Prudential Financial Inc. raised its position in shares of Agilent Technologies by 2.5% during the second quarter. Prudential Financial Inc. now owns 457,503 shares of the medical research company’s stock worth $27,134,000 after purchasing an additional 11,020 shares during the period.
Shares of Agilent Technologies, Inc. (NYSE:A) opened at $65.83 on Wednesday. Agilent Technologies, Inc. has a 1 year low of $44.11 and a 1 year high of $70.93. The stock has a market capitalization of $21,317.89, a P/E ratio of 27.95, a P/E/G ratio of 2.00 and a beta of 1.27. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.30 and a quick ratio of 2.85.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 24th. Investors of record on Tuesday, January 2nd will be given a $0.149 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date is Friday, December 29th. This is a positive change from Agilent Technologies’s previous quarterly dividend of $0.13. Agilent Technologies’s dividend payout ratio (DPR) is currently 25.24%.
A number of equities research analysts have recently commented on the company. Deutsche Bank set a $75.00 price target on Agilent Technologies and gave the stock a “buy” rating in a research report on Tuesday, November 21st. J P Morgan Chase & Co raised their price target on Agilent Technologies to $75.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 21st. Barclays raised their price target on Agilent Technologies from $67.00 to $71.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 21st. Cowen reaffirmed a “hold” rating and set a $70.00 price target on shares of Agilent Technologies in a research report on Wednesday, November 22nd. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $72.00 price target on shares of Agilent Technologies in a research report on Friday, November 24th. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $68.34.
In other Agilent Technologies news, insider Patrick Kaltenbach sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $65.26, for a total value of $326,300.00. Following the completion of the transaction, the insider now directly owns 45,143 shares in the company, valued at $2,946,032.18. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Jacob Thaysen sold 22,583 shares of the firm’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $70.41, for a total value of $1,590,069.03. Following the completion of the transaction, the senior vice president now owns 63,042 shares of the company’s stock, valued at $4,438,787.22. The disclosure for this sale can be found here. In the last three months, insiders sold 151,114 shares of company stock worth $10,359,388.
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Agilent Technologies Profile
Agilent Technologies, Inc provides application focused solutions that include instruments, software, services and consumables for the entire laboratory workflow. The Company serves the life sciences, diagnostics and applied chemical markets. It has three business segments: life sciences and applied markets business, diagnostics and genomics business, and Agilent CrossLab business.
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