CIBC Asset Management Inc grew its holdings in Agilent Technologies, Inc. (NYSE:A – Free Report) by 67.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 66,544 shares of the medical research company’s stock after acquiring an additional 26,698 shares during the period. CIBC Asset Management Inc’s holdings in Agilent Technologies were worth $9,055,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also modified their holdings of A. Core Wealth Advisors LLC acquired a new position in Agilent Technologies in the fourth quarter valued at $26,000. Board of the Pension Protection Fund purchased a new stake in shares of Agilent Technologies in the fourth quarter valued at about $27,000. Navalign LLC purchased a new stake in shares of Agilent Technologies in the fourth quarter valued at about $27,000. Entrust Financial LLC purchased a new stake in shares of Agilent Technologies in the fourth quarter valued at about $31,000. Finally, Torren Management LLC purchased a new stake in shares of Agilent Technologies in the fourth quarter valued at about $32,000.
Agilent Technologies Price Performance
A opened at $135.51 on Friday. The company has a 50-day moving average of $118.35 and a 200-day moving average of $128.35. The company has a market capitalization of $38.27 billion, a P/E ratio of 27.21, a PEG ratio of 2.46 and a beta of 1.26. Agilent Technologies, Inc. has a 1-year low of $108.35 and a 1-year high of $160.27. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.62 and a current ratio of 2.10.
Agilent Technologies Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th will be given a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 30th. Agilent Technologies’s dividend payout ratio is currently 20.48%.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on A. Bank of America raised shares of Agilent Technologies from a “neutral” rating to a “buy” rating and dropped their target price for the company from $150.00 to $145.00 in a report on Thursday, May 28th. Robert W. Baird upped their target price on Agilent Technologies from $155.00 to $156.00 and gave the company an “outperform” rating in a report on Tuesday, May 26th. HSBC lowered their target price on Agilent Technologies from $180.00 to $165.00 and set a “buy” rating on the stock in a report on Wednesday. UBS Group lowered their target price on Agilent Technologies from $180.00 to $165.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Finally, Weiss Ratings raised Agilent Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $161.71.
View Our Latest Research Report on A
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.
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