Mercer Global Advisors Inc. ADV Acquires 1,079 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Mercer Global Advisors Inc. ADV lifted its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 5.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,963 shares of the scientific and technical instruments company’s stock after buying an additional 1,079 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Keysight Technologies were worth $2,854,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in KEYS. Rise Advisors LLC bought a new stake in Keysight Technologies during the first quarter worth approximately $25,000. Meeder Asset Management Inc. purchased a new stake in Keysight Technologies during the 2nd quarter valued at $27,000. Family Firm Inc. purchased a new stake in Keysight Technologies during the 2nd quarter valued at $30,000. Larson Financial Group LLC bought a new stake in Keysight Technologies in the first quarter worth $31,000. Finally, GPS Wealth Strategies Group LLC boosted its stake in Keysight Technologies by 262.9% during the second quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock worth $35,000 after buying an additional 184 shares during the period. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on KEYS. Wells Fargo & Company reissued an “overweight” rating and issued a $180.00 target price on shares of Keysight Technologies in a research note on Wednesday, August 21st. Vertical Research started coverage on shares of Keysight Technologies in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 price objective for the company. Susquehanna dropped their target price 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. Bank of America raised their price target on Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 21st. Finally, JPMorgan Chase & Co. boosted their price objective on Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a report on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $167.67.

Insider Buying and Selling

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of Keysight Technologies stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total value of $254,592.00. Following the transaction, the director now owns 42,160 shares in the company, valued at $6,576,960. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.60% of the stock is currently owned by company insiders.

Keysight Technologies Stock Down 1.9 %

Shares of Keysight Technologies stock opened at $152.42 on Monday. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52. The stock has a market cap of $26.60 billion, a price-to-earnings ratio of 33.21, a PEG ratio of 5.03 and a beta of 0.97. The firm’s 50-day moving average is $141.83 and its two-hundred day moving average is $144.73. Keysight Technologies, Inc. has a 1 year low of $118.57 and a 1 year high of $162.51.

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