Keysight Technologies, Inc. (NYSE:KEYS) Shares Purchased by Cromwell Holdings LLC

Cromwell Holdings LLC grew its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 15.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 548 shares of the scientific and technical instruments company’s stock after buying an additional 75 shares during the period. Cromwell Holdings LLC’s holdings in Keysight Technologies were worth $87,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the business. Swedbank AB lifted its stake in Keysight Technologies by 3.8% during the second quarter. Swedbank AB now owns 4,128,892 shares of the scientific and technical instruments company’s stock worth $564,626,000 after purchasing an additional 151,446 shares during the last quarter. Oppenheimer & Co. Inc. lifted its position in shares of Keysight Technologies by 14.6% during the 1st quarter. Oppenheimer & Co. Inc. now owns 47,393 shares of the scientific and technical instruments company’s stock worth $7,411,000 after buying an additional 6,049 shares during the last quarter. Capital International Sarl acquired a new position in shares of Keysight Technologies in the 1st quarter valued at $2,434,000. Teachers Retirement System of The State of Kentucky raised its stake in Keysight Technologies by 172.6% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 41,977 shares of the scientific and technical instruments company’s stock worth $6,565,000 after acquiring an additional 26,577 shares in the last quarter. Finally, FORA Capital LLC acquired a new position in Keysight Technologies during the first quarter worth approximately $5,091,000. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the business’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 completion of the transaction, the director now directly owns 42,160 shares in the company, valued at approximately $6,576,960. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.60% of the company’s stock.

Keysight Technologies Stock Up 1.5 %

Shares of NYSE KEYS opened at $155.98 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52. The firm’s 50-day moving average is $153.25 and its two-hundred day moving average is $145.32. Keysight Technologies, Inc. has a 12-month low of $118.57 and a 12-month high of $162.51. The company has a market capitalization of $27.07 billion, a PE ratio of 30.00, a price-to-earnings-growth ratio of 5.19 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 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.22. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.19 billion. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. Keysight Technologies’s revenue was down 11.9% compared to the same quarter last year. During the same quarter last year, the business posted $2.04 earnings per share. Equities analysts anticipate that Keysight Technologies, Inc. will post 5.43 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on KEYS. 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 report on Monday, August 19th. Bank of America increased their price target on Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a report on Wednesday, August 21st. JPMorgan Chase & Co. boosted their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research note on Wednesday, August 21st. Wells Fargo & Company restated an “overweight” rating and issued a $180.00 target price on shares of Keysight Technologies in a research note on Wednesday, August 21st. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday, August 26th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, Keysight Technologies currently has a consensus rating of “Moderate Buy” and an average price target 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.