Bradley Foster & Sargent Inc. CT Decreases Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Bradley Foster & Sargent Inc. CT lowered its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 21.0% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 7,118 shares of the scientific and technical instruments company’s stock after selling 1,888 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Keysight Technologies were worth $973,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. Virtu Financial LLC acquired a new position in shares of Keysight Technologies during the second quarter valued at approximately $1,416,000. Edgestream Partners L.P. increased its position in shares of Keysight Technologies by 974.3% during the second quarter. Edgestream Partners L.P. now owns 30,262 shares of the scientific and technical instruments company’s stock worth $4,138,000 after purchasing an additional 27,445 shares in the last quarter. Lmcg Investments LLC raised its stake in Keysight Technologies by 14.3% in the 2nd quarter. Lmcg Investments LLC now owns 42,975 shares of the scientific and technical instruments company’s stock valued at $5,877,000 after purchasing an additional 5,389 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Keysight Technologies by 14.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,122,309 shares of the scientific and technical instruments company’s stock valued at $153,470,000 after purchasing an additional 141,062 shares in the last quarter. Finally, Lyell Wealth Management LP boosted its stake in Keysight Technologies by 4.7% during the 2nd quarter. Lyell Wealth Management LP now owns 4,029 shares of the scientific and technical instruments company’s stock worth $551,000 after purchasing an additional 180 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Richard P. Hamada sold 1,632 shares of the business’s stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total value of $254,592.00. Following the sale, the director now owns 42,160 shares in the company, valued at approximately $6,576,960. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.60% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. JPMorgan Chase & Co. increased their target price on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, August 21st. Bank of America raised their target price on shares of Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 21st. Susquehanna dropped their price target on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a research report on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft lifted their price objective on Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, August 26th. Finally, Vertical Research initiated coverage on Keysight Technologies in a report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price target on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $167.67.

Keysight Technologies Stock Up 3.4 %

Shares of NYSE:KEYS opened at $155.38 on Friday. The business has a 50-day moving average price of $141.62 and a 200 day moving average price of $144.93. Keysight Technologies, Inc. has a 12-month low of $118.57 and a 12-month high of $162.51. The company has a current ratio of 2.05, a quick ratio of 1.52 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $27.12 billion, a price-to-earnings ratio of 33.85, a PEG ratio of 5.03 and a beta of 0.97.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.35 by $0.22. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.19 billion. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The business’s revenue was down 11.9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.04 EPS. Sell-side analysts expect that Keysight Technologies, Inc. will post 5.35 EPS for the current year.

Keysight Technologies Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.