Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by AE Wealth Management LLC

AE Wealth Management LLC trimmed its position in Keysight Technologies, Inc. (NYSE:KEYS) by 6.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,742 shares of the scientific and technical instruments company’s stock after selling 130 shares during the period. AE Wealth Management LLC’s holdings in Keysight Technologies were worth $238,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Swedbank AB purchased a new position in shares of Keysight Technologies during the 1st quarter worth approximately $621,993,000. Price T Rowe Associates Inc. MD raised its position in Keysight Technologies by 352.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 3,160,879 shares of the scientific and technical instruments company’s stock worth $494,299,000 after acquiring an additional 2,462,543 shares in the last quarter. Capital World Investors acquired a new stake in Keysight Technologies in the first quarter valued at $250,097,000. Jennison Associates LLC boosted its position in shares of Keysight Technologies by 53.2% during the 1st quarter. Jennison Associates LLC now owns 3,811,605 shares of the scientific and technical instruments company’s stock worth $596,059,000 after purchasing an additional 1,323,775 shares in the last quarter. Finally, Boston Partners acquired a new position in shares of Keysight Technologies during the 1st quarter worth $175,979,000. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Trading Up 0.0 %

Keysight Technologies stock opened at $158.70 on Friday. The stock has a 50-day moving average price of $142.96 and a 200 day moving average price of $144.84. Keysight Technologies, Inc. has a 52 week low of $118.57 and a 52 week high of $162.51. The stock has a market cap of $27.70 billion, a PE ratio of 34.58, a P/E/G ratio of 5.11 and a beta of 0.97. The company has a current ratio of 2.05, a quick ratio of 1.52 and a debt-to-equity ratio of 0.23.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.22. The business had revenue of $1.22 billion during 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 posted $2.04 earnings per share. Equities research analysts predict that Keysight Technologies, Inc. will post 5.38 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently commented on the stock. Susquehanna reduced 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 note on Wednesday, August 21st. JPMorgan Chase & Co. boosted their price target on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note 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 report on Monday, August 26th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $180.00 price objective on shares of Keysight Technologies in a report on Wednesday, August 21st. Finally, Robert W. Baird lowered their target price on Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a report on Monday, August 19th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $167.67.

Insiders Place Their Bets

In other news, Director Richard P. Hamada sold 1,632 shares of Keysight Technologies stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total value of $254,592.00. Following the completion of the sale, the director now owns 42,160 shares of the company’s stock, valued at $6,576,960. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.60% of the company’s stock.

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.