Keysight Technologies, Inc. (NYSE:KEYS) Shares Acquired by Lmcg Investments LLC

Lmcg Investments LLC lifted its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 13.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 48,847 shares of the scientific and technical instruments company’s stock after purchasing an additional 5,872 shares during the period. Lmcg Investments LLC’s holdings in Keysight Technologies were worth $7,763,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Invesco LLC acquired a new position in shares of Keysight Technologies during the 3rd quarter worth approximately $212,000. F M Investments LLC purchased a new stake in shares of Keysight Technologies during the 3rd quarter valued at approximately $1,993,000. Stephens Investment Management Group LLC raised its position in shares of Keysight Technologies by 10.1% during the 3rd quarter. Stephens Investment Management Group LLC now owns 69,010 shares of the scientific and technical instruments company’s stock valued at $10,968,000 after buying an additional 6,343 shares during the period. abrdn plc raised its position in shares of Keysight Technologies by 0.9% during the 3rd quarter. abrdn plc now owns 284,445 shares of the scientific and technical instruments company’s stock valued at $45,146,000 after buying an additional 2,584 shares during the period. Finally, Hunter Associates Investment Management LLC purchased a new stake in shares of Keysight Technologies during the 3rd quarter valued at approximately $218,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Stock Up 1.7 %

Shares of NYSE:KEYS traded up $2.54 during trading on Friday, hitting $151.55. The company’s stock had a trading volume of 1,014,004 shares, compared to its average volume of 1,176,073. The business has a 50 day moving average price of $153.63 and a two-hundred day moving average price of $145.17. The company has a market capitalization of $26.30 billion, a PE ratio of 29.14, a P/E/G ratio of 5.08 and a beta of 0.97. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.52 and a current ratio of 2.05. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $162.51.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.35 by $0.22. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.19 billion. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The company’s quarterly revenue was down 11.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.04 earnings per share. As a group, research analysts expect that Keysight Technologies, Inc. will post 5.43 EPS for the current fiscal year.

Insider Buying and Selling

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the company’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 completion of the transaction, the director now owns 42,160 shares in the company, valued at $6,576,960. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on KEYS. Susquehanna reduced 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 began coverage on shares of Keysight Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price target on the stock. Wells Fargo & Company reaffirmed an “overweight” rating and set a $180.00 price target on shares of Keysight Technologies in a research report on Wednesday, August 21st. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, August 26th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average 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.