Cantillon Capital Management LLC decreased its holdings in shares of Agilent Technologies, Inc. (NYSE:A – Free Report) by 11.9% in the first quarter, Holdings Channel.com reports. The firm owned 2,745,829 shares of the medical research company’s stock after selling 369,809 shares during the period. Agilent Technologies comprises 2.1% of Cantillon Capital Management LLC’s portfolio, making the stock its 22nd largest holding. Cantillon Capital Management LLC’s holdings in Agilent Technologies were worth $312,970,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in the business. Core Wealth Advisors LLC bought a new stake in shares of Agilent Technologies in the 4th quarter worth approximately $26,000. SHP Wealth Management bought a new position in Agilent Technologies during the 4th quarter valued at approximately $26,000. Navalign LLC purchased a new position in Agilent Technologies during the fourth quarter valued at $27,000. Cedar Mountain Advisors LLC purchased a new position in Agilent Technologies during the first quarter valued at $27,000. Finally, MV Capital Management Inc. bought a new stake in Agilent Technologies in the fourth quarter worth $28,000.
Agilent Technologies Stock Performance
Shares of A opened at $131.34 on Monday. The company has a market cap of $37.09 billion, a price-to-earnings ratio of 26.37, a P/E/G ratio of 2.34 and a beta of 1.25. The business’s fifty day simple moving average is $127.49 and its two-hundred day simple moving average is $125.54. Agilent Technologies, Inc. has a 12 month low of $108.35 and a 12 month high of $160.27. The company has a current ratio of 2.10, a quick ratio of 1.62 and a debt-to-equity ratio of 0.43.
Agilent Technologies Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Tuesday, June 30th will be given a $0.255 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.02 dividend on an annualized basis and a yield of 0.8%. Agilent Technologies’s payout ratio is 20.48%.
Wall Street Analyst Weigh In
A has been the topic of a number of recent research reports. Robert W. Baird increased their target price on Agilent Technologies from $155.00 to $156.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 26th. Wall Street Zen raised Agilent Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. TD Cowen upped their price target 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. Royal Bank Of Canada initiated coverage on shares of Agilent Technologies in a research note on Wednesday, May 27th. They issued an “outperform” rating and a $153.00 price target on the stock. Finally, Bank of America raised shares of Agilent Technologies from a “neutral” rating to a “buy” rating and cut their price objective for the company from $150.00 to $145.00 in a research report on Thursday, May 28th. Two 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’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $159.35.
Read Our Latest Stock Report on Agilent Technologies
Agilent Technologies Company 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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