Keysight Technologies, Inc. (NYSE:KEYS) Holdings Decreased by Marietta Investment Partners LLC

Marietta Investment Partners LLC trimmed its position in Keysight Technologies, Inc. (NYSE:KEYS) by 49.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,682 shares of the scientific and technical instruments company’s stock after selling 3,635 shares during the quarter. Marietta Investment Partners LLC’s holdings in Keysight Technologies were worth $504,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Brown Shipley& Co Ltd increased its holdings in shares of Keysight Technologies by 1.0% in the 4th quarter. Brown Shipley& Co Ltd now owns 6,452 shares of the scientific and technical instruments company’s stock valued at $1,026,000 after acquiring an additional 67 shares during the last quarter. Park Avenue Securities LLC increased its holdings in shares of Keysight Technologies by 0.9% in the 1st 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 acquiring an additional 71 shares during the last quarter. Ferguson Wellman Capital Management Inc. increased its holdings in shares of Keysight Technologies by 0.6% in the 2nd 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 acquiring an additional 73 shares during the last quarter. Wedmont Private Capital increased its holdings in shares of Keysight Technologies by 2.8% in the 2nd quarter. Wedmont Private Capital now owns 2,754 shares of the scientific and technical instruments company’s stock valued at $391,000 after acquiring an additional 74 shares during the last quarter. Finally, Diversified LLC increased its holdings in shares of Keysight Technologies by 3.6% in the 2nd quarter. Diversified LLC now owns 2,259 shares of the scientific and technical instruments company’s stock valued at $309,000 after acquiring an additional 78 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Richard P. Hamada sold 1,632 shares of the company’s stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total transaction of $254,592.00. Following the completion of the sale, the director now directly owns 42,160 shares of the company’s stock, valued at $6,576,960. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Robert W. Baird lowered their price objective on Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a research note on Monday, August 19th. Wells Fargo & Company restated an “overweight” rating and set a $180.00 price objective on shares of Keysight Technologies in a research note on Wednesday, August 21st. Bank of America upped their price objective on Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 21st. Vertical Research assumed coverage on Keysight Technologies in a research note on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday, August 26th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, Keysight Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $167.67.

Keysight Technologies Trading Down 1.9 %

Shares of KEYS stock opened at $152.42 on Monday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.52 and a current ratio of 2.05. Keysight Technologies, Inc. has a 1 year low of $118.57 and a 1 year high of $162.51. The stock has a fifty day moving average of $141.83 and a two-hundred day moving average of $144.73. The firm has a market capitalization of $26.60 billion, a PE ratio of 33.21, a price-to-earnings-growth ratio of 5.03 and a beta of 0.97.

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

About Keysight Technologies

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.