Whittier Trust Co. of Nevada Inc. Reduces Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Whittier Trust Co. of Nevada Inc. cut its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 7.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,230 shares of the scientific and technical instruments company’s stock after selling 104 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Keysight Technologies were worth $195,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wellington Management Group LLP lifted its holdings in shares of Keysight Technologies by 2.7% in the 4th quarter. Wellington Management Group LLP now owns 9,176 shares of the scientific and technical instruments company’s stock valued at $1,460,000 after buying an additional 238 shares during the period. Ballentine Partners LLC boosted its position in Keysight Technologies by 26.9% in the 1st quarter. Ballentine Partners LLC now owns 1,640 shares of the scientific and technical instruments company’s stock worth $256,000 after purchasing an additional 348 shares in the last quarter. Janiczek Wealth Management LLC grew its stake in shares of Keysight Technologies by 33.7% during the 1st quarter. Janiczek Wealth Management LLC now owns 583 shares of the scientific and technical instruments company’s stock worth $91,000 after purchasing an additional 147 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Keysight Technologies by 19.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 10,241 shares of the scientific and technical instruments company’s stock valued at $1,601,000 after purchasing an additional 1,644 shares in the last quarter. Finally, AMF Tjanstepension AB lifted its stake in shares of Keysight Technologies by 96.0% in the 1st quarter. AMF Tjanstepension AB now owns 1,692,446 shares of the scientific and technical instruments company’s stock valued at $264,665,000 after purchasing an additional 828,913 shares during the period. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Trading Down 1.3 %

Shares of KEYS stock opened at $153.35 on Thursday. Keysight Technologies, Inc. has a fifty-two week low of $118.57 and a fifty-two week high of $162.51. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.52 and a current ratio of 2.05. The stock’s fifty day moving average is $152.41 and its two-hundred day moving average is $145.28. The firm has a market capitalization of $26.77 billion, a P/E ratio of 33.41, a PEG ratio of 5.28 and a beta of 0.97.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share 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 firm had revenue of $1.22 billion for 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. Keysight Technologies’s quarterly revenue was down 11.9% on a year-over-year basis. Research analysts expect that Keysight Technologies, Inc. will post 5.43 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

KEYS has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a report on Monday, August 26th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $180.00 price target on shares of Keysight Technologies in a report on Wednesday, August 21st. Susquehanna dropped their price objective on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a report on Wednesday, August 21st. Bank of America upped their target price on Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 21st. Finally, Vertical Research began 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. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $167.67.

Insider Activity 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 stock was 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. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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.