Keysight Technologies, Inc. (NYSE:KEYS) Shares Acquired by MQS Management LLC

MQS Management LLC lifted its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 143.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,809 shares of the scientific and technical instruments company’s stock after acquiring an additional 2,247 shares during the quarter. MQS Management LLC’s holdings in Keysight Technologies were worth $521,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in KEYS. Brown Shipley& Co Ltd grew its stake in shares of Keysight Technologies by 1.0% during the 4th quarter. Brown Shipley& Co Ltd now owns 6,452 shares of the scientific and technical instruments company’s stock worth $1,026,000 after purchasing an additional 67 shares during the period. Park Avenue Securities LLC grew its position in Keysight Technologies by 0.9% during the first quarter. Park Avenue Securities LLC now owns 7,830 shares of the scientific and technical instruments company’s stock valued at $1,224,000 after buying an additional 71 shares during the period. Ferguson Wellman Capital Management Inc. grew its position in Keysight Technologies by 0.6% during the second quarter. Ferguson Wellman Capital Management Inc. now owns 12,700 shares of the scientific and technical instruments company’s stock valued at $1,737,000 after buying an additional 73 shares during the period. Wedmont Private Capital increased its holdings in Keysight Technologies by 2.8% in the second quarter. Wedmont Private Capital now owns 2,754 shares of the scientific and technical instruments company’s stock valued at $391,000 after buying an additional 74 shares in the last quarter. Finally, Diversified LLC raised its position in shares of Keysight Technologies by 3.6% in the second quarter. Diversified LLC now owns 2,259 shares of the scientific and technical instruments company’s stock worth $309,000 after acquiring an additional 78 shares during the period. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on KEYS shares. Vertical Research assumed coverage on Keysight Technologies in a report on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 price target for the company. JPMorgan Chase & Co. upped their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft upped their price target on shares of Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, August 26th. Robert W. Baird dropped their target price on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a report on Monday, August 19th. Finally, Susquehanna decreased their price target on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a research note on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Keysight Technologies presently has an average rating of “Moderate Buy” and an average price target of $167.67.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $155.38 on Friday. The company’s 50-day moving average is $141.62 and its two-hundred day moving average is $144.93. The firm 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. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52. Keysight Technologies, Inc. has a 1-year low of $118.57 and a 1-year high of $162.51.

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

Insider Transactions at Keysight Technologies

In related news, Director Richard P. Hamada sold 1,632 shares of the business’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total value of $254,592.00. Following the sale, the director now directly owns 42,160 shares in the company, valued at approximately $6,576,960. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.60% of the company’s stock.

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.