Geneva Capital Management LLC lifted its position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 2.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 226,866 shares of the scientific and technical instruments company's stock after buying an additional 6,479 shares during the period. Geneva Capital Management LLC owned 0.13% of Keysight Technologies worth $36,056,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of the company. Swedbank AB boosted its holdings in shares of Keysight Technologies by 3.8% during the second quarter. Swedbank AB now owns 4,128,892 shares of the scientific and technical instruments company's stock worth $564,626,000 after purchasing an additional 151,446 shares during the last quarter. Capital International Sarl purchased a new stake in Keysight Technologies in the 1st quarter valued at about $2,434,000. Teachers Retirement System of The State of Kentucky grew its holdings in Keysight Technologies by 172.6% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 41,977 shares of the scientific and technical instruments company's stock valued at $6,565,000 after buying an additional 26,577 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of Keysight Technologies by 72.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company's stock valued at $2,685,000 after acquiring an additional 7,106 shares during the last quarter. Finally, Boston Partners purchased a new stake in Keysight Technologies in the first quarter valued at approximately $175,979,000. Institutional investors and hedge funds own 84.58% of the company's stock.
Keysight Technologies Stock Down 1.2 %
Shares of NYSE KEYS traded down $1.92 during trading on Wednesday, reaching $159.29. 354,204 shares of the stock were exchanged, compared to its average volume of 1,169,183. The company has a market capitalization of $27.64 billion, a price-to-earnings ratio of 30.63, a price-to-earnings-growth ratio of 4.77 and a beta of 0.98. The business's 50-day moving average price is $154.75 and its 200 day moving average price is $145.79. 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 twelve month low of $119.72 and a twelve month high of $166.28.
Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share for the quarter, beating analysts' consensus estimates of $1.35 by $0.22. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The company had revenue of $1.22 billion during the quarter, compared to analysts' expectations of $1.19 billion. During the same period in the prior year, the company posted $2.04 EPS. The firm's revenue for the quarter was down 11.9% on a year-over-year basis. As a group, equities analysts forecast that Keysight Technologies, Inc. will post 5.43 EPS for the current fiscal year.
Insider Buying and Selling at Keysight Technologies
In other news, Director Richard P. Hamada sold 1,632 shares of the stock in a transaction dated 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 owns 42,160 shares of the company's stock, valued at approximately $6,576,960. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.60% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on KEYS. Vertical Research began coverage on shares of Keysight Technologies in a report on Tuesday, July 23rd. They issued a "buy" rating and a $175.00 price target on the stock. Susquehanna reduced their target price on Keysight Technologies from $195.00 to $185.00 and set a "positive" rating on the stock in a report on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft upped their price target on Keysight Technologies from $163.00 to $175.00 and gave the stock a "buy" rating in a research note on Monday, August 26th. Barclays raised Keysight Technologies from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $158.00 to $180.00 in a research note on Monday, November 4th. Finally, JPMorgan Chase & Co. raised their price target on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a "neutral" rating in a report on Wednesday, August 21st. One analyst has rated the stock with a sell rating, two have given a hold rating and seven 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 $170.89.
Get Our Latest Stock Report on KEYS
Keysight Technologies Company Profile
(
Free Report)
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.
Further Reading
Before you consider Keysight Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Keysight Technologies wasn't on the list.
While Keysight Technologies currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.