Keysight Technologies, Inc. (NYSE:KEYS) Shares Bought by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 33.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,127 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,780 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Keysight Technologies were worth $975,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Avantax Advisory Services Inc. purchased a new position in Keysight Technologies in the 4th quarter valued at approximately $216,000. Cambridge Investment Research Advisors Inc. grew its stake in Keysight Technologies by 2.7% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 7,953 shares of the scientific and technical instruments company’s stock worth $1,265,000 after purchasing an additional 209 shares in the last quarter. Team Hewins LLC acquired a new position in Keysight Technologies during the 4th quarter worth $220,000. Intech Investment Management LLC raised its position in Keysight Technologies by 960.1% in the 4th quarter. Intech Investment Management LLC now owns 31,622 shares of the scientific and technical instruments company’s stock valued at $5,031,000 after purchasing an additional 28,639 shares in the last quarter. Finally, Artisan Partners Limited Partnership raised its position in Keysight Technologies by 6.1% in the 4th quarter. Artisan Partners Limited Partnership now owns 700,485 shares of the scientific and technical instruments company’s stock valued at $111,440,000 after purchasing an additional 40,440 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Insider Buying and Selling

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the 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 completion of the sale, the director now directly owns 42,160 shares of the company’s stock, valued at approximately $6,576,960. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Robert W. Baird cut 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. JPMorgan Chase & Co. increased their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, August 21st. Susquehanna decreased their price objective 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. Wells Fargo & Company reiterated an “overweight” rating and set a $180.00 target price on shares of Keysight Technologies in a research note on Wednesday, August 21st. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a report on Monday, August 26th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $167.67.

Keysight Technologies Trading Down 0.6 %

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

Keysight Technologies (NYSE:KEYS) last released its quarterly 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. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.19 billion. Keysight Technologies’s revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.04 EPS. On average, research analysts predict that Keysight Technologies, Inc. will post 5.35 EPS for the current year.

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.