Y Intercept Hong Kong Ltd Has $4.68 Million Stock Position in Agilent Technologies, Inc. (NYSE:A)

Y Intercept Hong Kong Ltd lifted its stake in shares of Agilent Technologies, Inc. (NYSE:A - Free Report) by 167.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 40,018 shares of the medical research company's stock after acquiring an additional 25,034 shares during the period. Y Intercept Hong Kong Ltd's holdings in Agilent Technologies were worth $4,681,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Redwood Park Advisors LLC purchased a new stake in shares of Agilent Technologies during the 4th quarter valued at about $27,000. Lee Danner & Bass Inc. purchased a new stake in Agilent Technologies during the 4th quarter worth approximately $29,000. Whipplewood Advisors LLC increased its holdings in Agilent Technologies by 286.2% during the 1st quarter. Whipplewood Advisors LLC now owns 251 shares of the medical research company's stock worth $29,000 after purchasing an additional 186 shares during the last quarter. Sunbelt Securities Inc. increased its holdings in Agilent Technologies by 640.0% during the 4th quarter. Sunbelt Securities Inc. now owns 222 shares of the medical research company's stock worth $30,000 after purchasing an additional 192 shares during the last quarter. Finally, Opal Wealth Advisors LLC purchased a new stake in Agilent Technologies during the 1st quarter worth approximately $31,000.

Insider Buying and Selling at Agilent Technologies

In related news, CEO Padraig Mcdonnell sold 1,508 shares of Agilent Technologies stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $117.44, for a total transaction of $177,099.52. Following the completion of the transaction, the chief executive officer owned 37,448 shares in the company, valued at approximately $4,397,893.12. This trade represents a 3.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on A. Wall Street Zen upgraded Agilent Technologies from a "hold" rating to a "buy" rating in a research report on Saturday, June 28th. Wells Fargo & Company reduced their price objective on Agilent Technologies from $155.00 to $135.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Robert W. Baird reduced their price objective on Agilent Technologies from $159.00 to $140.00 and set an "outperform" rating for the company in a research report on Thursday, May 22nd. JPMorgan Chase & Co. reduced their price objective on Agilent Technologies from $160.00 to $155.00 and set an "overweight" rating for the company in a research report on Thursday, May 29th. Finally, UBS Group reduced their price target on Agilent Technologies from $150.00 to $130.00 and set a "neutral" rating for the company in a research report on Thursday, May 29th. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $139.77.

Agilent Technologies Trading Down 0.0%

Shares of A stock traded down $0.05 during trading hours on Friday, reaching $120.30. The company had a trading volume of 975,854 shares, compared to its average volume of 2,038,360. The company has a 50 day moving average of $116.32 and a 200 day moving average of $121.67. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.09 and a quick ratio of 1.60. The firm has a market cap of $34.17 billion, a price-to-earnings ratio of 29.66, a P/E/G ratio of 3.62 and a beta of 1.23. Agilent Technologies, Inc. has a 1-year low of $96.43 and a 1-year high of $153.84.

Agilent Technologies (NYSE:A - Get Free Report) last issued its quarterly earnings data on Wednesday, May 28th. The medical research company reported $1.31 EPS for the quarter, topping the consensus estimate of $1.26 by $0.05. The business had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.63 billion. Agilent Technologies had a return on equity of 25.92% and a net margin of 17.59%. The firm's revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.22 EPS. On average, equities research analysts anticipate that Agilent Technologies, Inc. will post 5.58 EPS for the current year.

Agilent Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 23rd. Stockholders of record on Tuesday, July 1st were issued a $0.248 dividend. This represents a $0.99 annualized dividend and a dividend yield of 0.82%. The ex-dividend date of this dividend was Tuesday, July 1st. Agilent Technologies's payout ratio is 24.44%.

Agilent Technologies Company Profile

Agilent Technologies, Inc provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. The company operates in three segments: Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab. 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; and vacuum pumps, and measurement technologies.