Tealwood Asset Management Inc. Buys 141 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Tealwood Asset Management Inc. boosted its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 1.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,766 shares of the scientific and technical instruments company’s stock after purchasing an additional 141 shares during the period. Tealwood Asset Management Inc.’s holdings in Keysight Technologies were worth $1,393,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Brown Shipley& Co Ltd boosted its holdings 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 worth $1,026,000 after buying an additional 67 shares during the last quarter. Park Avenue Securities LLC boosted its stake in shares of Keysight Technologies by 0.9% during 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 acquiring an additional 71 shares during the last quarter. Ferguson Wellman Capital Management Inc. grew its position in shares of Keysight Technologies by 0.6% during 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 period. Wedmont Private Capital grew its position in shares of Keysight Technologies by 2.8% during 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 period. Finally, Diversified LLC increased 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 worth $309,000 after purchasing an additional 78 shares in the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Price Performance

Shares of Keysight Technologies stock traded down $0.15 during trading on Tuesday, reaching $155.84. 93,369 shares of the stock traded hands, compared to its average volume of 1,193,109. 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 company has a market capitalization of $27.20 billion, a price-to-earnings ratio of 33.94, a P/E/G ratio of 5.11 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. The business has a fifty day simple moving average of $145.14 and a two-hundred day simple moving average of $145.01.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, topping 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 return on equity of 21.01% and a net margin of 18.24%. The company’s revenue was down 11.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.04 EPS. Sell-side analysts expect that Keysight Technologies, Inc. will post 5.38 EPS for the current year.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the business’s stock in a transaction that occurred 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 sale, the director now directly owns 42,160 shares of the company’s stock, valued at $6,576,960. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.60% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. JPMorgan Chase & Co. boosted their price target on Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a report on Wednesday, August 21st. Wells Fargo & Company reiterated an “overweight” rating and set a $180.00 price objective on shares of Keysight Technologies in a research note on Wednesday, August 21st. Robert W. Baird decreased their target price on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th. Susquehanna dropped 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 report on Wednesday, August 21st. Finally, Vertical Research initiated coverage on shares of Keysight Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $167.67.

Keysight Technologies Company 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.