R Squared Ltd purchased a new position in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) in the 2nd quarter, Holdings Channel reports. The fund purchased 2,156 shares of the scientific and technical instruments company’s stock, valued at approximately $353,000.
Other institutional investors have also modified their holdings of the company. Foyston Gordon & Payne Inc grew its position in shares of Keysight Technologies by 11.5% during the first quarter. Foyston Gordon & Payne Inc now owns 59,851 shares of the scientific and technical instruments company’s stock worth $8,964,000 after acquiring an additional 6,186 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Keysight Technologies by 142.8% in the first quarter. GAMMA Investing LLC now owns 5,012 shares of the scientific and technical instruments company’s stock worth $751,000 after purchasing an additional 2,948 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in Keysight Technologies by 3.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 52,174 shares of the scientific and technical instruments company’s stock worth $7,828,000 after purchasing an additional 1,635 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in Keysight Technologies by 19.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 12,730 shares of the scientific and technical instruments company’s stock worth $1,906,000 after purchasing an additional 2,106 shares during the period. Finally, Ground Swell Capital LLC acquired a new stake in Keysight Technologies in the first quarter worth about $361,000. Institutional investors own 84.58% of the company’s stock.
Keysight Technologies Price Performance
Shares of NYSE KEYS opened at $169.49 on Friday. Keysight Technologies Inc. has a twelve month low of $121.43 and a twelve month high of $186.20. The company has a current ratio of 3.59, a quick ratio of 2.94 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $29.13 billion, a price-to-earnings ratio of 53.98, a PEG ratio of 2.35 and a beta of 1.18. The firm has a 50-day moving average of $168.71 and a two-hundred day moving average of $161.06.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on KEYS shares. Wall Street Zen raised shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 18th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a report on Friday, October 10th. Bank of America upped their price objective on shares of Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a report on Wednesday, August 20th. JPMorgan Chase & Co. upped their price objective on shares of Keysight Technologies from $177.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. Finally, Barclays reduced their price objective on shares of Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a report on Wednesday, August 20th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $187.38.
View Our Latest Report on Keysight Technologies
Insider Transactions at Keysight Technologies
In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total transaction of $347,960.00. Following the sale, the senior vice president owned 106,590 shares in the company, valued at approximately $18,544,528.20. The trade was a 1.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.61% 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.
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