PNC Financial Services Group Inc. Has $24.82 Million Stock Holdings in Agilent Technologies, Inc. (NYSE:A)

PNC Financial Services Group Inc. raised its stake in shares of Agilent Technologies, Inc. (NYSE:A) by 11.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 184,715 shares of the medical research company’s stock after buying an additional 18,474 shares during the period. PNC Financial Services Group Inc.’s holdings in Agilent Technologies were worth $24,815,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of A. CKW Financial Group grew its stake in shares of Agilent Technologies by 114.9% in the 4th quarter. CKW Financial Group now owns 187 shares of the medical research company’s stock valued at $25,000 after buying an additional 100 shares in the last quarter. Global X Japan Co. Ltd. grew its position in Agilent Technologies by 161.1% in the fourth quarter. Global X Japan Co. Ltd. now owns 188 shares of the medical research company’s stock worth $25,000 after acquiring an additional 116 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in shares of Agilent Technologies during the 3rd quarter worth $31,000. Hanson & Doremus Investment Management increased its stake in shares of Agilent Technologies by 66.5% during the 4th quarter. Hanson & Doremus Investment Management now owns 263 shares of the medical research company’s stock worth $35,000 after purchasing an additional 105 shares during the last quarter. Finally, RPg Family Wealth Advisory LLC bought a new position in shares of Agilent Technologies during the 3rd quarter valued at $38,000. 87.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A has been the subject of a number of recent research reports. Bank of America decreased their price objective on shares of Agilent Technologies from $153.00 to $150.00 and set a “neutral” rating for the company in a report on Friday, December 13th. Citigroup increased their price objective on Agilent Technologies to $165.00 and gave the company a “buy” rating in a report on Thursday, December 19th. Barclays upgraded Agilent Technologies from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $135.00 to $145.00 in a report on Monday, February 10th. Sanford C. Bernstein lowered their price target on Agilent Technologies from $140.00 to $135.00 and set a “market perform” rating on the stock in a report on Tuesday, November 26th. Finally, Wells Fargo & Company reduced their price objective on shares of Agilent Technologies from $157.00 to $155.00 and set an “overweight” rating for the company in a research note on Monday, December 9th. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $146.15.

Insider Buying and Selling at Agilent Technologies

In related news, CEO Padraig Mcdonnell sold 1,911 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $150.00, for a total transaction of $286,650.00. Following the completion of the transaction, the chief executive officer now owns 39,652 shares in the company, valued at $5,947,800. This trade represents a 4.60 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.26% of the company’s stock.

Agilent Technologies Stock Performance

NYSE:A opened at $122.02 on Tuesday. The firm’s 50-day moving average is $139.42 and its 200-day moving average is $138.55. The company has a market cap of $34.79 billion, a price-to-earnings ratio of 28.05, a PEG ratio of 3.56 and a beta of 1.11. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.66 and a current ratio of 2.20. Agilent Technologies, Inc. has a 52-week low of $121.45 and a 52-week high of $155.35.

Agilent Technologies (NYSE:A) last issued its quarterly earnings results on Wednesday, February 26th. The medical research company reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.04. Agilent Technologies had a return on equity of 25.56% and a net margin of 19.27%. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.67 billion. Equities research analysts anticipate that Agilent Technologies, Inc. will post 5.57 earnings per share for the current year.

Agilent Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Tuesday, April 1st will be paid a dividend of $0.248 per share. The ex-dividend date is Tuesday, April 1st. This represents a $0.99 dividend on an annualized basis and a yield of 0.81%. Agilent Technologies’s dividend payout ratio is currently 22.76%.

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.