Keysight Technologies, Inc. (NYSE:KEYS) is Hahn Capital Management LLC’s 8th Largest Position

Hahn Capital Management LLC trimmed its position in Keysight Technologies, Inc. (NYSE:KEYS) by 33.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 43,030 shares of the scientific and technical instruments company’s stock after selling 21,865 shares during the quarter. Keysight Technologies accounts for 4.4% of Hahn Capital Management LLC’s holdings, making the stock its 8th largest holding. Hahn Capital Management LLC’s holdings in Keysight Technologies were worth $6,839,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. American National Bank & Trust purchased a new stake in shares of Keysight Technologies in the 3rd quarter worth $31,000. Meeder Asset Management Inc. purchased a new stake in shares of Keysight Technologies in the 2nd quarter worth $27,000. Larson Financial Group LLC purchased a new stake in shares of Keysight Technologies in the 1st quarter worth $31,000. Family Firm Inc. purchased a new stake in shares of Keysight Technologies in the 2nd quarter worth $30,000. Finally, GPS Wealth Strategies Group LLC lifted its holdings in shares of Keysight Technologies by 262.9% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock worth $35,000 after buying an additional 184 shares during the period. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Trading Up 0.3 %

Keysight Technologies stock opened at $153.75 on Friday. The stock has a 50-day moving average of $152.84 and a two-hundred day moving average of $145.34. 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 one year low of $118.57 and a one year high of $162.51. The stock has a market cap of $26.84 billion, a PE ratio of 33.50, a price-to-earnings-growth ratio of 5.28 and a beta of 0.97.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, beating 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 company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same period last year, the business posted $2.04 earnings per share. The firm’s revenue was down 11.9% compared to the same quarter last year. On average, research analysts anticipate that Keysight Technologies, Inc. will post 5.43 EPS for the current fiscal year.

Analyst Ratings Changes

KEYS has been the subject of a number of analyst reports. JPMorgan Chase & Co. upped their price objective on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. 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. Robert W. Baird decreased their price objective on Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a research note on Monday, August 19th. 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 research note on Monday, August 26th. Finally, Wells Fargo & Company restated an “overweight” rating and set a $180.00 price objective on shares of Keysight Technologies in a research note on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Keysight Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $167.67.

Insider Activity

In other news, Director Richard P. Hamada sold 1,632 shares of the stock in a transaction dated 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 directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.60% 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.