Parnassus Investments LLC Boosts Stake in Agilent Technologies, Inc. $A

Parnassus Investments LLC raised its position in shares of Agilent Technologies, Inc. (NYSE:A) by 26.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 580,939 shares of the medical research company’s stock after acquiring an additional 120,483 shares during the period. Parnassus Investments LLC owned approximately 0.21% of Agilent Technologies worth $79,048,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Core Wealth Advisors LLC purchased a new stake in Agilent Technologies during the fourth quarter valued at about $26,000. Board of the Pension Protection Fund purchased a new stake in Agilent Technologies during the fourth quarter valued at about $27,000. Navalign LLC purchased a new stake in Agilent Technologies during the fourth quarter valued at about $27,000. Entrust Financial LLC purchased a new stake in Agilent Technologies during the fourth quarter valued at about $31,000. Finally, Torren Management LLC purchased a new stake in Agilent Technologies during the fourth quarter valued at about $32,000.

Agilent Technologies Price Performance

Shares of NYSE A opened at $129.37 on Friday. Agilent Technologies, Inc. has a 1-year low of $108.35 and a 1-year high of $160.27. The business has a 50-day moving average of $119.94 and a 200-day moving average of $127.85. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.10 and a quick ratio of 1.62. The company has a market capitalization of $36.54 billion, a price-to-earnings ratio of 25.98, a PEG ratio of 2.34 and a beta of 1.26.

Agilent Technologies (NYSE:A) last released its quarterly earnings results on Wednesday, May 27th. The medical research company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.41 by $0.08. Agilent Technologies had a return on equity of 24.33% and a net margin of 19.55%.The business had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.80 billion. During the same quarter in the previous year, the firm posted $1.31 earnings per share. The company’s revenue was up 10.0% compared to the same quarter last year. Agilent Technologies has set its FY 2026 guidance at 6.000-6.100 EPS and its Q3 2026 guidance at 1.480-1.500 EPS. On average, equities analysts anticipate that Agilent Technologies, Inc. will post 5.99 EPS for the current fiscal year.

Agilent Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th will be paid a $0.255 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $1.02 annualized dividend and a dividend yield of 0.8%. Agilent Technologies’s payout ratio is 20.48%.

Wall Street Analyst Weigh In

A has been the subject of a number of research reports. Robert W. Baird boosted their price target on Agilent Technologies from $155.00 to $156.00 and gave the company an “outperform” rating in a research report on Tuesday, May 26th. Royal Bank Of Canada started coverage on Agilent Technologies in a research report on Wednesday, May 27th. They issued an “outperform” rating and a $153.00 target price for the company. Wall Street Zen raised Agilent Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. UBS Group decreased their target price on Agilent Technologies from $180.00 to $165.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Finally, Barclays upped their target price on Agilent Technologies from $140.00 to $145.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $160.93.

Agilent Technologies Profile

Agilent Technologies is a global provider of scientific instrumentation, consumables, software and services for laboratories across the life sciences, diagnostics and applied chemical markets. The company’s product portfolio includes analytical instruments such as liquid and gas chromatographs, mass spectrometers, spectroscopy systems, and laboratory automation solutions, together with reagents, supplies and informatics tools that support measurement, testing and data analysis workflows. Agilent also offers instrument maintenance, qualification and laboratory services designed to help customers improve productivity and comply with regulatory requirements.

Founded as a corporate spin-off from Hewlett‑Packard in 1999, Agilent has evolved through a combination of strategic restructuring and acquisitions to concentrate on life sciences, diagnostics and applied laboratories.