Smithfield Trust Co. Acquires 2,090 Shares of Keysight Technologies Inc (KEYS)

Smithfield Trust Co. lifted its holdings in shares of Keysight Technologies Inc (NYSE:KEYS) by 2,786.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,165 shares of the scientific and technical instruments company’s stock after purchasing an additional 2,090 shares during the period. Smithfield Trust Co.’s holdings in Keysight Technologies were worth $143,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of KEYS. Bank of New York Mellon Corp lifted its holdings in shares of Keysight Technologies by 78.6% during the second quarter. Bank of New York Mellon Corp now owns 4,480,212 shares of the scientific and technical instruments company’s stock worth $264,467,000 after purchasing an additional 1,972,306 shares during the period. BlackRock Inc. lifted its holdings in shares of Keysight Technologies by 7.5% during the second quarter. BlackRock Inc. now owns 17,495,212 shares of the scientific and technical instruments company’s stock worth $1,032,745,000 after purchasing an additional 1,213,517 shares during the period. Millennium Management LLC lifted its holdings in shares of Keysight Technologies by 151.5% during the second quarter. Millennium Management LLC now owns 1,206,271 shares of the scientific and technical instruments company’s stock worth $71,206,000 after purchasing an additional 726,653 shares during the period. Sumitomo Mitsui Trust Holdings Inc. acquired a new position in shares of Keysight Technologies during the second quarter worth $35,850,000. Finally, Carillon Tower Advisers Inc. lifted its holdings in shares of Keysight Technologies by 70.0% during the second quarter. Carillon Tower Advisers Inc. now owns 1,313,221 shares of the scientific and technical instruments company’s stock worth $77,519,000 after purchasing an additional 540,583 shares during the period. Institutional investors own 87.49% of the company’s stock.

In other Keysight Technologies news, CFO Neil Dougherty sold 3,999 shares of Keysight Technologies stock in a transaction on Thursday, September 27th. The shares were sold at an average price of $65.57, for a total value of $262,214.43. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.97% of the company’s stock.

KEYS opened at $59.19 on Friday. Keysight Technologies Inc has a 1-year low of $41.33 and a 1-year high of $70.40. The company has a quick ratio of 1.75, a current ratio of 2.42 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $11.37 billion, a price-to-earnings ratio of 26.54 and a beta of 1.19.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Tuesday, August 21st. The scientific and technical instruments company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.10. Keysight Technologies had a net margin of 6.50% and a return on equity of 20.58%. The firm had revenue of $1 billion during the quarter, compared to the consensus estimate of $961.91 million. During the same period in the previous year, the firm posted $0.61 earnings per share. The business’s revenue was up 20.7% compared to the same quarter last year. On average, equities analysts predict that Keysight Technologies Inc will post 2.88 earnings per share for the current year.

Several research firms recently issued reports on KEYS. Zacks Investment Research upgraded shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating and set a $72.00 target price on the stock in a report on Friday, August 24th. Robert W. Baird boosted their target price on shares of Keysight Technologies from $61.00 to $73.00 and gave the company an “outperform” rating in a report on Wednesday, August 22nd. Citigroup boosted their target price on shares of Keysight Technologies from $62.00 to $71.00 and gave the company a “buy” rating in a report on Wednesday, July 18th. Stifel Nicolaus began coverage on shares of Keysight Technologies in a report on Monday, October 22nd. They issued a “buy” rating and a $73.00 target price on the stock. Finally, Deutsche Bank boosted their target price on shares of Keysight Technologies from $66.00 to $80.00 and gave the company a “buy” rating in a report on Wednesday, August 22nd. One research analyst has rated the stock with a hold rating and ten have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $71.56.

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Keysight Technologies Profile

Keysight Technologies, Inc provides electronic design and test solutions to communications and electronics industries internationally. Its Communications Solutions Group segment provides radio frequency and microwave test instruments and related software, and electronic design automation (EDA) software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and laser source products, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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