Keysight Technologies, Inc. (NYSE:KEYS) Shares Bought by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. grew its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 5.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,338 shares of the scientific and technical instruments company’s stock after buying an additional 638 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in Keysight Technologies were worth $2,120,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Swedbank AB increased its holdings in Keysight Technologies by 7.1% in the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock valued at $702,671,000 after buying an additional 292,372 shares in the last quarter. Jennison Associates LLC boosted its position in Keysight Technologies by 53.2% during the first quarter. Jennison Associates LLC now owns 3,811,605 shares of the scientific and technical instruments company’s stock worth $596,059,000 after purchasing an additional 1,323,775 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Keysight Technologies by 352.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 3,160,879 shares of the scientific and technical instruments company’s stock valued at $494,299,000 after purchasing an additional 2,462,543 shares during the last quarter. AMF Tjanstepension AB raised its stake in shares of Keysight Technologies by 96.0% during the 1st quarter. AMF Tjanstepension AB now owns 1,692,446 shares of the scientific and technical instruments company’s stock worth $264,665,000 after buying an additional 828,913 shares during the last quarter. Finally, Capital World Investors purchased a new stake in shares of Keysight Technologies in the 1st quarter worth about $250,097,000. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Stock Up 1.1 %

KEYS stock opened at $159.95 on Friday. The firm’s 50-day moving average is $150.66 and its two-hundred day moving average is $145.29. The company has a market capitalization of $27.92 billion, a price-to-earnings ratio of 34.85, a price-to-earnings-growth ratio of 5.28 and a beta of 0.97. Keysight Technologies, Inc. has a 52 week low of $118.57 and a 52 week high of $162.51. The company has a current ratio of 2.05, a quick ratio of 1.52 and a debt-to-equity ratio of 0.23.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.22. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. 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 company earned $2.04 earnings per share. Keysight Technologies’s revenue was down 11.9% compared to the same quarter last year. On average, analysts forecast that Keysight Technologies, Inc. will post 5.43 earnings per share 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 stock was sold at an average price of $156.00, for a total value 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. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.60% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Bank of America increased their price objective on Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a research note on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft upped their price objective on Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a report on Monday, August 26th. JPMorgan Chase & Co. boosted their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. Robert W. Baird decreased their price target on Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a report on Monday, August 19th. Finally, Vertical Research initiated coverage on Keysight Technologies in a research note on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price objective for the company. One analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $167.67.

Keysight Technologies 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.