International Assets Investment Management LLC boosted its position in Keysight Technologies, Inc. (NYSE:KEYS – Free Report) by 16,555.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 69,452 shares of the scientific and technical instruments company’s stock after purchasing an additional 69,035 shares during the quarter. International Assets Investment Management LLC’s holdings in Keysight Technologies were worth $11,038,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in KEYS. Ferguson Wellman Capital Management Inc. lifted 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 lifted 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. Diversified LLC lifted its position in shares of Keysight Technologies by 3.6% during 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 period. KCM Investment Advisors LLC lifted its position in shares of Keysight Technologies by 3.6% during the 1st quarter. KCM Investment Advisors LLC now owns 2,332 shares of the scientific and technical instruments company’s stock valued at $365,000 after acquiring an additional 82 shares during the period. Finally, Ameritas Investment Partners Inc. lifted its position in shares of Keysight Technologies by 0.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 20,669 shares of the scientific and technical instruments company’s stock valued at $2,826,000 after acquiring an additional 82 shares during the period. 84.58% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Keysight Technologies
In other news, Director Richard P. Hamada sold 1,632 shares of the firm’s stock in a transaction dated 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 transaction, the director now directly owns 42,160 shares in the company, valued at $6,576,960. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.60% of the company’s stock.
Keysight Technologies Price Performance
Keysight Technologies (NYSE:KEYS – Get Free Report) last posted its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.35 by $0.22. The firm had revenue of $1.22 billion during 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 business’s quarterly revenue was down 11.9% on a year-over-year basis. During the same period last year, the company earned $2.04 earnings per share. Analysts expect that Keysight Technologies, Inc. will post 5.43 EPS for the current year.
Analysts Set New Price Targets
A number of research firms have recently weighed in on KEYS. Susquehanna cut 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. 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 report on Monday, August 26th. Robert W. Baird dropped their price objective on Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a research report on Monday, August 19th. 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 report on Wednesday, August 21st. Finally, Wells Fargo & Company restated an “overweight” rating and set a $180.00 price objective on shares of Keysight Technologies in a research report on Wednesday, August 21st. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $167.67.
Check Out Our Latest Analysis on Keysight Technologies
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.
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