Insider Selling: Agilent Technologies Inc (A) Insider Sells 8,902 Shares of Stock

Agilent Technologies Inc (NYSE:A) insider Dominique Grau sold 8,902 shares of Agilent Technologies stock in a transaction that occurred on Monday, December 3rd. The stock was sold at an average price of $74.00, for a total transaction of $658,748.00. Following the transaction, the insider now owns 103,387 shares in the company, valued at $7,650,638. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Agilent Technologies stock opened at $71.91 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.74 and a current ratio of 3.29. Agilent Technologies Inc has a 12 month low of $60.42 and a 12 month high of $75.11. The firm has a market cap of $23.24 billion, a PE ratio of 26.13, a P/E/G ratio of 2.04 and a beta of 1.36.

Agilent Technologies (NYSE:A) last posted its quarterly earnings results on Monday, November 19th. The medical research company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.74 by $0.07. Agilent Technologies had a net margin of 6.43% and a return on equity of 19.84%. The business had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.26 billion. During the same period in the previous year, the company posted $0.67 EPS. Agilent Technologies’s revenue was up 8.8% on a year-over-year basis. As a group, equities analysts expect that Agilent Technologies Inc will post 3.04 earnings per share for the current fiscal year.



Agilent Technologies declared that its board has approved a stock repurchase plan on Monday, November 19th that authorizes the company to buyback $1.75 billion in outstanding shares. This buyback authorization authorizes the medical research company to purchase up to 8.8% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its stock is undervalued.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 23rd. Stockholders of record on Monday, December 31st will be issued a dividend of $0.164 per share. This is a boost from Agilent Technologies’s previous quarterly dividend of $0.15. This represents a $0.66 annualized dividend and a dividend yield of 0.91%. The ex-dividend date is Friday, December 28th. Agilent Technologies’s payout ratio is currently 21.51%.

Several institutional investors have recently bought and sold shares of A. SRS Capital Advisors Inc. lifted its stake in shares of Agilent Technologies by 75.9% in the 2nd quarter. SRS Capital Advisors Inc. now owns 1,791 shares of the medical research company’s stock valued at $110,000 after purchasing an additional 773 shares during the last quarter. TRUE Private Wealth Advisors acquired a new stake in shares of Agilent Technologies in the 3rd quarter valued at $181,000. AMG National Trust Bank acquired a new stake in shares of Agilent Technologies in the 3rd quarter valued at $212,000. UMB Bank N A MO acquired a new stake in shares of Agilent Technologies in the 3rd quarter valued at $219,000. Finally, Lido Advisors LLC acquired a new stake in shares of Agilent Technologies in the 3rd quarter valued at $220,000.

Several equities analysts have weighed in on A shares. Morgan Stanley lifted their price objective on shares of Agilent Technologies from $86.00 to $89.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 20th. ValuEngine upgraded shares of Agilent Technologies from a “hold” rating to a “buy” rating in a research report on Friday, November 2nd. Goldman Sachs Group reiterated a “buy” rating and set a $82.00 price objective (up from $77.00) on shares of Agilent Technologies in a research report on Tuesday, September 18th. Zacks Investment Research cut shares of Agilent Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, October 16th. Finally, Deutsche Bank lifted their price objective on shares of Agilent Technologies from $77.00 to $80.00 and gave the stock a “buy” rating in a research report on Wednesday, August 15th. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $78.75.

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About Agilent Technologies

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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Insider Buying and Selling by Quarter for Agilent Technologies (NYSE:A)

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