Agilent Technologies, Inc. (NYSE:A) CEO Michael R. Mcmullen Sells 128,726 Shares

Agilent Technologies, Inc. (NYSE:AGet Rating) CEO Michael R. Mcmullen sold 128,726 shares of the business’s stock in a transaction dated Tuesday, November 22nd. The shares were sold at an average price of $155.73, for a total value of $20,046,499.98. Following the completion of the sale, the chief executive officer now directly owns 260,691 shares of the company’s stock, valued at $40,597,409.43. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Agilent Technologies Trading Down 1.0 %

Shares of A stock opened at $155.35 on Friday. The firm has a market capitalization of $45.99 billion, a PE ratio of 37.25, a price-to-earnings-growth ratio of 2.78 and a beta of 1.06. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.41 and a current ratio of 2.03. Agilent Technologies, Inc. has a 1 year low of $112.52 and a 1 year high of $162.62. The stock has a fifty day moving average of $133.99 and a two-hundred day moving average of $128.48.

Agilent Technologies (NYSE:AGet Rating) last posted its quarterly earnings data on Monday, November 21st. The medical research company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.14. The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.76 billion. Agilent Technologies had a net margin of 18.31% and a return on equity of 30.31%. The company’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.21 earnings per share. As a group, research analysts expect that Agilent Technologies, Inc. will post 5.64 EPS for the current year.

Agilent Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 25th. Investors of record on Tuesday, January 3rd will be issued a dividend of $0.225 per share. This is a boost from Agilent Technologies’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Friday, December 30th. This represents a $0.90 annualized dividend and a yield of 0.58%. Agilent Technologies’s payout ratio is presently 20.14%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on A shares. StockNews.com started coverage on Agilent Technologies in a report on Wednesday, October 12th. They issued a “strong-buy” rating for the company. Wells Fargo & Company raised their price target on shares of Agilent Technologies from $135.00 to $150.00 in a research report on Tuesday. Cowen boosted their price objective on shares of Agilent Technologies from $160.00 to $168.00 in a research report on Tuesday. Credit Suisse Group initiated coverage on shares of Agilent Technologies in a report on Wednesday, August 24th. They issued an “outperform” rating and a $165.00 target price on the stock. Finally, Jefferies Financial Group upped their target price on Agilent Technologies from $158.00 to $168.00 in a report on Tuesday. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $157.00.

Institutional Investors Weigh In On Agilent Technologies

A number of institutional investors have recently added to or reduced their stakes in the company. Bromfield Sneider Wealth Advisors bought a new position in shares of Agilent Technologies during the 2nd quarter valued at about $31,000. EverSource Wealth Advisors LLC grew its position in Agilent Technologies by 34.8% in the third quarter. EverSource Wealth Advisors LLC now owns 298 shares of the medical research company’s stock worth $37,000 after buying an additional 77 shares during the last quarter. Edge Capital Group LLC increased its holdings in shares of Agilent Technologies by 53.0% in the third quarter. Edge Capital Group LLC now owns 303 shares of the medical research company’s stock valued at $37,000 after buying an additional 105 shares in the last quarter. Guardian Wealth Advisors LLC acquired a new stake in shares of Agilent Technologies during the 3rd quarter valued at $42,000. Finally, J.W. Cole Advisors Inc. boosted its stake in shares of Agilent Technologies by 7,201.6% during the 1st quarter. J.W. Cole Advisors Inc. now owns 124,493 shares of the medical research company’s stock worth $45,000 after acquiring an additional 122,788 shares in the last quarter.

Agilent Technologies Company Profile

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Agilent Technologies, Inc provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. 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; vacuum pumps, and measurement technologies.

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