Allworth Financial LP Has $317,000 Position in Keysight Technologies, Inc. (NYSE:KEYS)

Allworth Financial LP increased its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 3.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,996 shares of the scientific and technical instruments company’s stock after purchasing an additional 75 shares during the quarter. Allworth Financial LP’s holdings in Keysight Technologies were worth $317,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in KEYS. Swedbank AB lifted its stake in 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 last quarter. Jennison Associates LLC lifted its stake in Keysight Technologies by 53.2% in the first quarter. Jennison Associates LLC now owns 3,811,605 shares of the scientific and technical instruments company’s stock valued at $596,059,000 after acquiring an additional 1,323,775 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake 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 valued at $494,299,000 after acquiring an additional 2,462,543 shares during the last quarter. Capital World Investors acquired a new stake in Keysight Technologies in the first quarter valued at approximately $250,097,000. Finally, Van ECK Associates Corp lifted its stake in Keysight Technologies by 6.1% in 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 acquiring an additional 79,774 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

KEYS has been the subject of a number of analyst reports. Bank of America lifted their target price on shares of Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a research note on Wednesday, August 21st. Susquehanna dropped 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 report 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 company a “neutral” rating in a research report on Wednesday, August 21st. Vertical Research initiated coverage on shares of Keysight Technologies in a research report on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 price target on the stock. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $180.00 price target on shares of Keysight Technologies in a research report on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $167.67.

Keysight Technologies Trading Down 0.3 %

Shares of KEYS stock opened at $155.27 on Wednesday. Keysight Technologies, Inc. has a 1 year low of $118.63 and a 1 year high of $162.51. The firm’s fifty day simple moving average is $153.93 and its 200 day simple moving average is $145.11. The firm has a market capitalization of $27.10 billion, a P/E ratio of 33.83, a price-to-earnings-growth ratio of 5.19 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 announced its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the previous year, the firm posted $2.04 earnings per share. Keysight Technologies’s revenue was down 11.9% compared to the same quarter last year. As a group, sell-side analysts predict that Keysight Technologies, Inc. will post 5.43 EPS for the current year.

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 value of $254,592.00. Following the sale, the director now owns 42,160 shares of the company’s stock, valued at $6,576,960. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.60% of the company’s stock.

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.