EverSource Wealth Advisors LLC raised its holdings in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 57.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,081 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,844 shares during the period. EverSource Wealth Advisors LLC’s holdings in Keysight Technologies were worth $1,435,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in KEYS. Rokos Capital Management LLP acquired a new position in shares of Keysight Technologies during the 1st quarter worth approximately $21,223,000. Electron Capital Partners LLC lifted its position in shares of Keysight Technologies by 2.5% during the 1st quarter. Electron Capital Partners LLC now owns 165,026 shares of the scientific and technical instruments company’s stock valued at $46,598,000 after buying an additional 4,022 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Keysight Technologies by 157.5% during the 1st quarter. Empowered Funds LLC now owns 56,218 shares of the scientific and technical instruments company’s stock valued at $15,874,000 after buying an additional 34,389 shares in the last quarter. KCM Investment Advisors LLC grew its stake in Keysight Technologies by 1.3% in the 1st quarter. KCM Investment Advisors LLC now owns 2,333 shares of the scientific and technical instruments company’s stock valued at $659,000 after acquiring an additional 30 shares during the period. Finally, Quantinno Capital Management LP grew its stake in Keysight Technologies by 49.2% in the 1st quarter. Quantinno Capital Management LP now owns 323,092 shares of the scientific and technical instruments company’s stock valued at $91,232,000 after acquiring an additional 106,550 shares during the period. 84.58% of the stock is currently owned by hedge funds and other institutional investors.
Keysight Technologies Trading Up 5.4%
Shares of KEYS opened at $312.62 on Friday. Keysight Technologies Inc. has a 52-week low of $152.85 and a 52-week high of $374.96. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.29. The firm’s fifty day moving average is $333.93 and its two-hundred day moving average is $302.22. The stock has a market cap of $53.43 billion, a PE ratio of 51.42, a price-to-earnings-growth ratio of 1.69 and a beta of 1.21.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on KEYS. Zacks Research upgraded shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Robert W. Baird lifted their target price on shares of Keysight Technologies from $375.00 to $385.00 and gave the company an “outperform” rating in a research report on Wednesday, May 20th. Weiss Ratings cut shares of Keysight Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. Wall Street Zen raised shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 13th. Finally, Susquehanna lifted their price objective on Keysight Technologies from $415.00 to $425.00 and gave the stock a “positive” rating in a report on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $371.92.
Get Our Latest Research Report on Keysight Technologies
Insider Buying and Selling
In related news, Director James Cullen sold 3,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $346.58, for a total transaction of $1,039,740.00. Following the completion of the sale, the director owned 21,821 shares of the company’s stock, valued at approximately $7,562,722.18. This represents a 12.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Satish Dhanasekaran sold 507 shares of the company’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $361.32, for a total transaction of $183,189.24. Following the sale, the chief executive officer directly owned 121,391 shares of the company’s stock, valued at approximately $43,860,996.12. This represents a 0.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 5,507 shares of company stock worth $1,904,669. 0.40% of the stock is owned by insiders.
About Keysight Technologies
Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.
Keysight’s product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.
Recommended Stories
- Five stocks we like better than Keysight Technologies
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies Inc. (NYSE:KEYS – Free Report).
Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
