10,000 Agilent Technologies, Inc. $A Shares Sold by Kornitzer Capital Management Inc. KS

Key Points

• Kornitzer Capital Management cut its Agilent stake by 62.2%, selling 10,000 shares in the third quarter and ending the period with 6,075 shares worth about $1.05 million.
• Agilent beat quarterly estimates, reporting EPS of $1.62 versus the $1.49 consensus and revenue of $1.88 billion, up 8.1% year over year. It guided to full-year 2026 EPS of $6.18–$6.21.
• Analysts maintain a “Moderate Buy” consensus, with an average price target of $181.45; 18 analysts rate the stock Buy and four rate it Hold.

Kornitzer Capital Management Inc. KS lessened its holdings in shares of Agilent Technologies, Inc. (NYSE:A - Free Report) by 62.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,075 shares of the medical research company's stock after selling 10,000 shares during the quarter. Kornitzer Capital Management Inc. KS's holdings in Agilent Technologies were worth $1,047,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of A. Markowski Investments bought a new position in Agilent Technologies during the second quarter valued at approximately $27,000. Keating Financial Advisory Services Inc. purchased a new stake in shares of Agilent Technologies during the 2nd quarter worth approximately $31,000. Signature Equity Partners LLC raised its stake in Agilent Technologies by 172.7% during the third quarter. Signature Equity Partners LLC now owns 180 shares of the medical research company's stock valued at $31,000 after purchasing an additional 114 shares in the last quarter. Livelsberger Financial Advisory bought a new position in shares of Agilent Technologies in the 3rd quarter valued at about $32,000. Finally, Osterweis Capital Management Inc. purchased a new position in shares of Agilent Technologies in the 2nd quarter worth approximately $43,000.

Insider Activity at Agilent Technologies

In related news, Director Mikael Dolsten sold 634 shares of the business's stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $151.38, for a total transaction of $95,974.92. Following the completion of the sale, the director directly owned 4,924 shares in the company, valued at approximately $745,395.12. The trade was a 11.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Agilent Technologies Trading Up 3.0%

Shares of NYSE:A opened at $180.09 on Tuesday. The company has a current ratio of 2.05, a quick ratio of 1.56 and a debt-to-equity ratio of 0.50. The business has a 50 day moving average of $166.45 and a two-hundred day moving average of $137.40. Agilent Technologies, Inc. has a 12-month low of $108.35 and a 12-month high of $182.99. The company has a market capitalization of $50.77 billion, a PE ratio of 35.45, a PEG ratio of 2.59 and a beta of 1.24.

Agilent Technologies (NYSE:A - Get Free Report) last announced its quarterly earnings results on Wednesday, August 26th. The medical research company reported $1.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.49 by $0.13. Agilent Technologies had a net margin of 19.53% and a return on equity of 24.45%. The firm had revenue of $1.88 billion for the quarter, compared to the consensus estimate of $1.84 billion. During the same period in the prior year, the firm posted $1.37 earnings per share. The firm's quarterly revenue was up 8.1% compared to the same quarter last year. Agilent Technologies has set its Q4 2026 guidance at 1.710-1.740 EPS and its FY 2026 guidance at 6.180-6.210 EPS. As a group, analysts forecast that Agilent Technologies, Inc. will post 6.20 EPS for the current year.

Agilent Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 28th. Stockholders of record on Tuesday, October 6th were given a $0.2550 dividend. The ex-dividend date was Tuesday, October 6th. This represents a $1.02 annualized dividend and a dividend yield of 0.6%. Agilent Technologies's dividend payout ratio (DPR) is 20.08%.

Wall Street Analyst Weigh In

A has been the topic of several analyst reports. Rothschild & Co Redburn upped their price target on shares of Agilent Technologies from $160.00 to $180.00 and gave the company a "buy" rating in a report on Thursday, August 27th. Citigroup upped their price objective on shares of Agilent Technologies from $185.00 to $190.00 and gave the stock a "buy" rating in a research note on Thursday, August 27th. Weiss Ratings raised shares of Agilent Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, October 8th. Robert W. Baird upped their target price on Agilent Technologies from $180.00 to $195.00 and gave the stock an "outperform" rating in a report on Thursday, October 8th. Finally, Evercore increased their price objective on Agilent Technologies from $148.00 to $178.00 and gave the company an "outperform" rating in a report on Wednesday, October 7th. Eighteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $181.45.

Agilent Technologies Company Profile

Agilent Technologies develops and supplies instruments, software, services and consumables used in laboratories and manufacturing operations. Its offerings support applications in life sciences, diagnostics, chemical analysis, food safety, environmental testing and pharmaceutical research.

The company serves customers worldwide, including pharmaceutical and biotechnology companies, clinical and academic laboratories, and organizations in the chemical, energy and food industries. Its services include laboratory equipment maintenance, technical support and related workflow solutions.

Agilent became an independent company in 1999 through a spin-off from Hewlett-Packard.

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