Agilent Technologies, Inc. $A Shares Newly Purchased by Jackson Square Capital LLC

Key Points

• Jackson Square Capital LLC purchased 19,515 Agilent Technologies shares worth approximately $3.36 million during the third quarter, while several other institutional investors also initiated or increased positions.
• Analysts maintain a generally positive outlook, with 15 Buy ratings and four Holds producing a “Moderate Buy” consensus and an average price target of $173.65.
• Agilent recently beat quarterly earnings and revenue estimates, reporting $1.62 in EPS and $1.88 billion in revenue; the company also declared a quarterly dividend of $0.255 per share, representing a 0.6% annualized yield.

Jackson Square Capital LLC bought a new stake in Agilent Technologies, Inc. (NYSE:A - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 19,515 shares of the medical research company's stock, valued at approximately $3,363,000.

Other institutional investors also recently modified their holdings of the company. Kaufman Rossin Wealth LLC bought a new position in Agilent Technologies in the third quarter valued at approximately $206,000. Frank Rimerman Advisors LLC bought a new stake in shares of Agilent Technologies during the 3rd quarter valued at $213,000. Fiscal Wisdom Wealth Management LLC bought a new stake in shares of Agilent Technologies during the 3rd quarter valued at $225,000. Counterpoint Mutual Funds LLC raised its position in shares of Agilent Technologies by 94.4% during the 3rd quarter. Counterpoint Mutual Funds LLC now owns 5,033 shares of the medical research company's stock valued at $867,000 after acquiring an additional 2,444 shares during the last quarter. Finally, Copper Harbor Investment Advisors LLC acquired a new position in shares of Agilent Technologies in the 3rd quarter valued at $233,000.

Insider Transactions at Agilent Technologies

In related news, Director Mikael Dolsten sold 634 shares of the company's stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $151.38, for a total transaction of $95,974.92. Following the sale, the director owned 4,924 shares in the company, valued at approximately $745,395.12. This represents a 11.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on A. Jefferies Financial Group assumed coverage on Agilent Technologies in a research note on Thursday, July 9th. They set a "hold" rating and a $135.00 price objective for the company. Bank of America upped their price objective on Agilent Technologies from $155.00 to $180.00 and gave the company a "buy" rating in a report on Thursday, August 27th. Royal Bank Of Canada raised their target price on Agilent Technologies from $155.00 to $185.00 and gave the stock an "outperform" rating in a report on Thursday, August 27th. UBS Group began coverage on Agilent Technologies in a report on Wednesday, September 9th. They set a "neutral" rating and a $165.00 target price on the stock. Finally, JPMorgan Chase & Co. upped their price target on Agilent Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research note on Thursday, August 27th. Fifteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $173.65.

Agilent Technologies Trading Down 0.9%

Shares of Agilent Technologies stock traded down $1.62 during trading hours on Monday, hitting $171.35. The company's stock had a trading volume of 577,937 shares, compared to its average volume of 2,260,049. Agilent Technologies, Inc. has a 12 month low of $108.35 and a 12 month high of $177.47. The stock has a 50 day moving average of $159.00 and a 200 day moving average of $137.72. The company has a market capitalization of $48.31 billion, a PE ratio of 33.73, a price-to-earnings-growth ratio of 2.63 and a beta of 1.21. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.05 and a quick ratio of 1.56.

Agilent Technologies (NYSE:A - Get Free Report) last issued its quarterly earnings data on Wednesday, August 26th. The medical research company reported $1.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.13. The company had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.84 billion. Agilent Technologies had a net margin of 19.53% and a return on equity of 24.45%. The firm's revenue was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.37 earnings per share. 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. Analysts predict that Agilent Technologies, Inc. will post 6.20 earnings per share for the current year.

Agilent Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 28th. Investors of record on Tuesday, October 6th will be given a $0.2550 dividend. The ex-dividend date of this dividend is Tuesday, October 6th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.6%. Agilent Technologies's payout ratio is currently 20.08%.

Agilent Technologies Company Profile

Agilent Technologies, Inc is a global provider of analytical laboratory instruments, software, services and consumables. The company serves customers in the pharmaceutical, biotechnology, chemical, food, environmental, energy and academic research sectors, as well as diagnostic and clinical laboratories.

Agilent's offerings include liquid and gas chromatography systems, mass spectrometry instruments, spectroscopy and atomic instruments, laboratory automation products, genomic and cell analysis solutions, and related software.

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