Oregon Public Employees Retirement Fund Has $2.18 Million Holdings in Agilent Technologies Inc (A)

Oregon Public Employees Retirement Fund lowered its position in Agilent Technologies Inc (NYSE:A) by 58.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,283 shares of the medical research company’s stock after selling 49,885 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Agilent Technologies were worth $2,182,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Wells Fargo & Company MN lifted its stake in Agilent Technologies by 21.2% during the first quarter. Wells Fargo & Company MN now owns 2,800,486 shares of the medical research company’s stock worth $187,353,000 after purchasing an additional 489,288 shares during the period. M&T Bank Corp lifted its stake in Agilent Technologies by 5.3% during the first quarter. M&T Bank Corp now owns 30,717 shares of the medical research company’s stock worth $2,056,000 after purchasing an additional 1,539 shares during the period. Aperio Group LLC lifted its stake in Agilent Technologies by 0.3% during the first quarter. Aperio Group LLC now owns 288,998 shares of the medical research company’s stock worth $19,334,000 after purchasing an additional 905 shares during the period. Signaturefd LLC bought a new position in Agilent Technologies during the first quarter worth about $201,000. Finally, Riverhead Capital Management LLC lifted its stake in Agilent Technologies by 83.9% during the first quarter. Riverhead Capital Management LLC now owns 12,958 shares of the medical research company’s stock worth $867,000 after purchasing an additional 5,910 shares during the period.

Shares of NYSE:A traded down $0.36 during trading on Friday, reaching $70.30. The stock had a trading volume of 2,376,806 shares, compared to its average volume of 2,526,579. Agilent Technologies Inc has a 52 week low of $60.42 and a 52 week high of $75.00. The company has a current ratio of 3.62, a quick ratio of 3.00 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $22.49 billion, a P/E ratio of 29.79, a price-to-earnings-growth ratio of 2.42 and a beta of 1.32.

Agilent Technologies (NYSE:A) last posted its earnings results on Tuesday, August 14th. The medical research company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.04. Agilent Technologies had a net margin of 6.20% and a return on equity of 18.61%. The company had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter in the previous year, the company posted $0.59 earnings per share. Agilent Technologies’s quarterly revenue was up 8.0% compared to the same quarter last year. As a group, analysts forecast that Agilent Technologies Inc will post 2.71 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 24th. Stockholders of record on Tuesday, October 2nd will be paid a $0.149 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date is Monday, October 1st. Agilent Technologies’s dividend payout ratio (DPR) is currently 25.42%.

A number of research analysts have commented on the stock. ValuEngine upgraded shares of Agilent Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, September 13th. Deutsche Bank raised their price target on shares of Agilent Technologies from $77.00 to $80.00 and gave the stock a “buy” rating in a research note on Wednesday, August 15th. Goldman Sachs Group upgraded shares of Agilent Technologies from a “buy” rating to a “conviction-buy” rating in a research note on Monday, September 17th. Zacks Investment Research upgraded shares of Agilent Technologies from a “hold” rating to a “buy” rating and set a $74.00 price target for the company in a research note on Tuesday, August 7th. Finally, Morgan Stanley raised their price target on shares of Agilent Technologies from $83.00 to $84.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 15th. Ten equities research analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and a consensus price target of $77.22.

In related news, Director Paul N. Clark sold 2,876 shares of the firm’s stock in a transaction that occurred on Thursday, September 13th. The shares were sold at an average price of $68.60, for a total value of $197,293.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Heidi Fields sold 5,482 shares of the firm’s stock in a transaction that occurred on Tuesday, September 11th. The shares were sold at an average price of $67.73, for a total transaction of $371,295.86. The disclosure for this sale can be found here.

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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Institutional Ownership by Quarter for Agilent Technologies (NYSE:A)

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