EP Wealth Advisors LLC Acquires 15,693 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

EP Wealth Advisors LLC raised its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 4.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 355,708 shares of the scientific and technical instruments company’s stock after buying an additional 15,693 shares during the quarter. EP Wealth Advisors LLC owned about 0.20% of Keysight Technologies worth $48,643,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rise Advisors LLC acquired a new stake in Keysight Technologies in the 1st quarter valued at approximately $25,000. Meeder Asset Management Inc. acquired a new stake in shares of Keysight Technologies in the second quarter valued at approximately $27,000. Larson Financial Group LLC acquired a new stake in shares of Keysight Technologies in the first quarter valued at approximately $31,000. Family Firm Inc. bought a new stake in shares of Keysight Technologies in the second quarter worth $30,000. Finally, GPS Wealth Strategies Group LLC boosted its holdings in Keysight Technologies by 262.9% during the second quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock worth $35,000 after purchasing an additional 184 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Buying and Selling

In other news, Director Richard P. Hamada sold 1,632 shares of the firm’s stock in a transaction dated 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 transaction, the director now owns 42,160 shares in the company, valued at $6,576,960. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.60% of the stock is owned by company insiders.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock opened at $158.70 on Monday. The stock has a market cap of $27.70 billion, a price-to-earnings ratio of 34.58, a PEG ratio of 5.11 and a beta of 0.97. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52. The firm’s 50-day moving average is $142.96 and its 200 day moving average is $144.79. Keysight Technologies, Inc. has a 1 year low of $118.57 and a 1 year high of $162.51.

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, 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 company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same period in the previous year, the business posted $2.04 earnings per share. The firm’s quarterly revenue was down 11.9% compared to the same quarter last year. Sell-side analysts anticipate that Keysight Technologies, Inc. will post 5.38 EPS for the current fiscal year.

Analysts Set New Price Targets

KEYS has been the topic of several analyst reports. Robert W. Baird dropped their price target on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a research report on Monday, August 19th. Vertical Research assumed coverage on shares of Keysight Technologies in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 price target on the stock. JPMorgan Chase & Co. increased their target price on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a report on Wednesday, August 21st. Bank of America raised their target price on Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a report on Wednesday, August 21st. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $180.00 target price on shares of Keysight Technologies in a research report on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Keysight Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $167.67.

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.