Agilent Technologies (NYSE:A) was the recipient of unusually large options trading on Tuesday. Traders purchased 5,509 call options on the stock. This represents an increase of approximately 1,397% compared to the typical daily volume of 368 call options.
A number of equities analysts have recently weighed in on the company. Morgan Stanley dropped their target price on Agilent Technologies from $95.00 to $91.00 and set an “overweight” rating on the stock in a report on Wednesday, April 11th. Goldman Sachs upgraded Agilent Technologies from a “neutral” rating to a “buy” rating in a report on Monday, April 9th. Zacks Investment Research upgraded Agilent Technologies from a “hold” rating to a “buy” rating and set a $72.00 target price on the stock in a report on Wednesday, April 4th. ValuEngine downgraded Agilent Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, March 7th. Finally, JPMorgan Chase increased their price objective on Agilent Technologies from $75.00 to $80.00 and gave the stock an “overweight” rating in a report on Thursday, February 15th. Three research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $72.20.
NYSE:A opened at $66.64 on Wednesday. The company has a market capitalization of $21,950.94, a P/E ratio of 28.24, a PEG ratio of 2.34 and a beta of 1.31. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.78 and a current ratio of 3.23. Agilent Technologies has a 52 week low of $54.51 and a 52 week high of $75.00.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 25th. Shareholders of record on Tuesday, April 3rd will be given a dividend of $0.149 per share. The ex-dividend date is Monday, April 2nd. This represents a $0.60 dividend on an annualized basis and a yield of 0.89%. Agilent Technologies’s payout ratio is currently 25.42%.
In other news, insider Patrick Kaltenbach sold 6,875 shares of the company’s stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $71.38, for a total value of $490,737.50. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Michael R. Mcmullen sold 21,850 shares of the company’s stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $75.00, for a total value of $1,638,750.00. Following the completion of the transaction, the chief executive officer now owns 324,687 shares in the company, valued at approximately $24,351,525. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 44,550 shares of company stock worth $3,225,202.
Institutional investors have recently made changes to their positions in the business. Front Row Advisors LLC bought a new stake in Agilent Technologies during the fourth quarter worth approximately $106,000. Compagnie Lombard Odier SCmA bought a new stake in shares of Agilent Technologies in the fourth quarter valued at approximately $126,000. AMG National Trust Bank bought a new stake in shares of Agilent Technologies in the fourth quarter valued at approximately $201,000. Premia Global Advisors LLC bought a new stake in shares of Agilent Technologies in the fourth quarter valued at approximately $204,000. Finally, Pinnacle Financial Partners Inc. bought a new stake in shares of Agilent Technologies in the fourth quarter valued at approximately $233,000.
Agilent Technologies Company Profile
Agilent Technologies, Inc provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. It 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; microfluidics based automated electrophoresis products; cell analysis plate based assays; laboratory software and informatics systems; laboratory automation; dissolution testing; vacuum pumps; and measurement technologies.
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