Janney Montgomery Scott LLC Raises Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Janney Montgomery Scott LLC increased its position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 72.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,895 shares of the scientific and technical instruments company's stock after acquiring an additional 7,106 shares during the quarter. Janney Montgomery Scott LLC's holdings in Keysight Technologies were worth $2,685,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Swedbank AB boosted its position in shares of Keysight Technologies by 7.1% in the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company's stock valued at $702,671,000 after acquiring an additional 292,372 shares during the period. Price T Rowe Associates Inc. MD lifted its position in Keysight Technologies by 352.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 3,160,879 shares of the scientific and technical instruments company's stock valued at $494,299,000 after purchasing an additional 2,462,543 shares during the last quarter. Capital World Investors bought a new stake in Keysight Technologies during the first quarter valued at approximately $250,097,000. Van ECK Associates Corp lifted its position in Keysight Technologies by 6.1% during the second quarter. Van ECK Associates Corp now owns 1,378,723 shares of the scientific and technical instruments company's stock valued at $188,540,000 after purchasing an additional 79,774 shares during the last quarter. Finally, Bessemer Group Inc. lifted its position in Keysight Technologies by 3.8% during the first quarter. Bessemer Group Inc. now owns 1,141,274 shares of the scientific and technical instruments company's stock valued at $178,473,000 after purchasing an additional 42,126 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the business's stock in a transaction 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 transaction, the director now directly owns 42,160 shares of the company's stock, valued at approximately $6,576,960. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.60% of the company's stock.

Analysts Set New Price Targets

KEYS has been the subject of several research analyst reports. Robert W. Baird dropped their target price on shares of 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 lifted their price target on shares of Keysight Technologies from $135.00 to $150.00 and gave the stock an "underperform" rating in a research note on Wednesday, August 21st. JPMorgan Chase & Co. lifted their price target on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a "neutral" rating 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 set a "buy" rating and a $175.00 price target on the stock. Finally, Susquehanna decreased their price target on shares of Keysight Technologies from $195.00 to $185.00 and set a "positive" rating on the stock in a research note on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, Keysight Technologies presently has a consensus rating of "Moderate Buy" and a consensus target price of $170.89.

Keysight Technologies Trading Down 1.5 %

Shares of NYSE KEYS traded down $2.49 during mid-day trading on Tuesday, hitting $161.25. The stock had a trading volume of 743,206 shares, compared to its average volume of 1,172,903. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.52 and a current ratio of 2.05. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $166.28. The business has a 50 day moving average price of $154.75 and a two-hundred day moving average price of $145.79. The firm has a market cap of $27.98 billion, a P/E ratio of 31.01, a price-to-earnings-growth ratio of 4.89 and a beta of 0.98.

Keysight Technologies (NYSE:KEYS - Get Free Report) 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 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 net margin of 18.24% and a return on equity of 21.01%. The company's quarterly revenue was down 11.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.04 EPS. On average, equities analysts anticipate that Keysight Technologies, Inc. will post 5.43 EPS for the current fiscal year.

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.