Burney Co. Has $251,000 Stock Holdings in Agilent Technologies, Inc. (NYSE:A)

Burney Co. raised its stake in shares of Agilent Technologies, Inc. (NYSE:A) by 6.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,867 shares of the medical research company’s stock after purchasing an additional 110 shares during the period. Burney Co.’s holdings in Agilent Technologies were worth $251,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Livelsberger Financial Advisory bought a new stake in shares of Agilent Technologies in the third quarter valued at approximately $28,000. Ashton Thomas Securities LLC bought a new stake in shares of Agilent Technologies in the third quarter valued at approximately $31,000. Fortitude Family Office LLC boosted its position in shares of Agilent Technologies by 68.3% in the third quarter. Fortitude Family Office LLC now owns 234 shares of the medical research company’s stock valued at $35,000 after acquiring an additional 95 shares during the period. RPg Family Wealth Advisory LLC bought a new stake in shares of Agilent Technologies in the third quarter valued at approximately $38,000. Finally, Itau Unibanco Holding S.A. bought a new stake in shares of Agilent Technologies in the second quarter valued at approximately $60,000.

Wall Street Analyst Weigh In

A has been the subject of several research reports. Wells Fargo & Company reduced their price objective on Agilent Technologies from $157.00 to $155.00 and set an “overweight” rating for the company in a research report on Monday, December 9th. StockNews.com raised Agilent Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday, December 24th. Evercore ISI raised their target price on Agilent Technologies from $135.00 to $145.00 and gave the stock an “in-line” rating in a research report on Tuesday, October 1st. Barclays reduced their target price on Agilent Technologies from $145.00 to $135.00 and set an “underweight” rating for the company in a research report on Wednesday, November 27th. Finally, Citigroup raised their target price on Agilent Technologies to $165.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $143.62.

Agilent Technologies Stock Performance

Agilent Technologies stock opened at $147.57 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.09 and a quick ratio of 1.58. The stock has a fifty day moving average price of $136.48 and a two-hundred day moving average price of $137.19. Agilent Technologies, Inc. has a 52-week low of $124.16 and a 52-week high of $155.35. The firm has a market capitalization of $42.15 billion, a P/E ratio of 33.39, a P/E/G ratio of 3.71 and a beta of 1.06.

Agilent Technologies (NYSE:A) last released its quarterly earnings data on Monday, November 25th. The medical research company reported $1.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.05. Agilent Technologies had a return on equity of 25.43% and a net margin of 19.80%. The firm had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.67 billion. During the same period in the prior year, the company posted $1.38 earnings per share. The business’s revenue for the quarter was up .8% compared to the same quarter last year. As a group, analysts anticipate that Agilent Technologies, Inc. will post 5.56 EPS for the current fiscal year.

Agilent Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 22nd. Stockholders of record on Tuesday, December 31st will be paid a $0.248 dividend. The ex-dividend date is Tuesday, December 31st. This is a positive change from Agilent Technologies’s previous quarterly dividend of $0.24. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.67%. Agilent Technologies’s dividend payout ratio (DPR) is 22.40%.

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.