Blair William & Co. IL Grows Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Blair William & Co. IL boosted its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 1.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,351 shares of the scientific and technical instruments company’s stock after acquiring an additional 146 shares during the period. Blair William & Co. IL’s holdings in Keysight Technologies were worth $1,552,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in KEYS. Brown Shipley& Co Ltd raised its position in shares of Keysight Technologies by 1.0% in the fourth 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 purchasing an additional 67 shares during the period. Park Avenue Securities LLC grew its stake in 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 worth $1,224,000 after buying an additional 71 shares in the last quarter. Ferguson Wellman Capital Management Inc. grew its stake in 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 worth $1,737,000 after buying an additional 73 shares in the last quarter. Wedmont Private Capital grew its stake in 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 worth $391,000 after buying an additional 74 shares in the last quarter. Finally, Diversified LLC boosted its stake 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 purchasing an additional 78 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

Shares of NYSE KEYS opened at $151.55 on Tuesday. The firm’s 50-day moving average price is $141.95 and its 200-day moving average price is $144.69. The company has a quick ratio of 1.52, a current ratio of 2.05 and a debt-to-equity ratio of 0.23. The company has a market cap of $26.45 billion, a PE ratio of 33.02, a PEG ratio of 5.03 and a beta of 0.97. Keysight Technologies, Inc. has a 52-week low of $118.57 and a 52-week high of $162.51.

Keysight Technologies (NYSE:KEYS) last announced 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 firm 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 quarterly revenue was down 11.9% compared to the same quarter last year. During the same quarter last year, the firm posted $2.04 EPS. As a group, analysts anticipate that Keysight Technologies, Inc. will post 5.35 EPS for the current year.

Insider Activity at Keysight Technologies

In related news, Director Richard P. Hamada sold 1,632 shares of the business’s stock in a transaction that occurred on Thursday, August 22nd. The shares were 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 in the company, valued at $6,576,960. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.60% of the stock is currently owned by company insiders.

Analyst Ratings Changes

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

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.