Godsey & Gibb Inc. grew its position in Agilent Technologies, Inc. (NYSE:A – Free Report) by 2.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 136,969 shares of the medical research company’s stock after buying an additional 3,357 shares during the period. Godsey & Gibb Inc.’s holdings in Agilent Technologies were worth $18,400,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Massachusetts Financial Services Co. MA boosted its holdings in Agilent Technologies by 3.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 15,589,874 shares of the medical research company’s stock worth $2,314,784,000 after purchasing an additional 525,214 shares during the period. State Street Corp lifted its position in shares of Agilent Technologies by 1.2% in the 3rd quarter. State Street Corp now owns 12,819,897 shares of the medical research company’s stock worth $1,903,498,000 after buying an additional 158,175 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Agilent Technologies by 0.4% in the 3rd quarter. Geode Capital Management LLC now owns 6,948,679 shares of the medical research company’s stock valued at $1,028,241,000 after buying an additional 30,610 shares during the period. Nordea Investment Management AB grew its position in shares of Agilent Technologies by 2.6% during the 4th quarter. Nordea Investment Management AB now owns 3,198,715 shares of the medical research company’s stock valued at $431,603,000 after buying an additional 80,819 shares during the last quarter. Finally, Van ECK Associates Corp raised its stake in Agilent Technologies by 6.6% during the third quarter. Van ECK Associates Corp now owns 2,976,905 shares of the medical research company’s stock worth $442,011,000 after acquiring an additional 183,716 shares during the period. 87.42% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A has been the subject of several recent research reports. Citigroup upped their target price on Agilent Technologies to $165.00 and gave the company a “buy” rating in a report on Thursday, December 19th. JPMorgan Chase & Co. lowered their price objective on Agilent Technologies from $165.00 to $160.00 and set an “overweight” rating for the company in a research note on Tuesday, November 26th. Evercore ISI raised their target price on Agilent Technologies from $135.00 to $145.00 and gave the company an “in-line” rating in a research note on Tuesday, October 1st. Sanford C. Bernstein lowered their price target on shares of Agilent Technologies from $140.00 to $135.00 and set a “market perform” rating for the company in a research report on Tuesday, November 26th. Finally, StockNews.com upgraded shares of Agilent Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday, December 24th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $143.62.
Agilent Technologies Price Performance
Shares of NYSE:A opened at $142.19 on Thursday. The stock has a market cap of $40.61 billion, a price-to-earnings ratio of 32.17, a PEG ratio of 4.48 and a beta of 1.06. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.09 and a quick ratio of 1.58. Agilent Technologies, Inc. has a 12 month low of $124.16 and a 12 month high of $155.35. The stock’s 50 day moving average price is $136.07 and its 200 day moving average price is $136.96.
Agilent Technologies (NYSE:A – Get Free Report) last announced its earnings results on Monday, November 25th. The medical research company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.05. Agilent Technologies had a return on equity of 25.43% and a net margin of 19.80%. The business had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.67 billion. During the same quarter last year, the business posted $1.38 earnings per share. The company’s quarterly revenue was up .8% on a year-over-year basis. Equities research analysts anticipate that Agilent Technologies, Inc. will post 5.56 earnings per share for the current fiscal year.
Agilent Technologies Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 22nd. Investors of record on Tuesday, December 31st will be issued a $0.248 dividend. This is an increase from Agilent Technologies’s previous quarterly dividend of $0.24. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date is Tuesday, December 31st. Agilent Technologies’s payout ratio is presently 22.40%.
Agilent Technologies Company Profile
Agilent Technologies, Inc provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. The company operates in three segments: Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emission spectrometry instruments; inductively coupled plasma optical emission spectrometry instruments; raman spectroscopy; cell analysis plate based assays; flow cytometer; real-time cell analyzer; cell imaging systems; microplate reader; laboratory software; information management and analytics; laboratory automation and robotic systems; dissolution testing; and vacuum pumps, and measurement technologies.
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