Keysight Technologies, Inc. (NYSE:KEYS) Shares Acquired by Speece Thorson Capital Group Inc.

Speece Thorson Capital Group Inc. lifted its position in Keysight Technologies, Inc. (NYSE:KEYS) by 28.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 80,629 shares of the scientific and technical instruments company’s stock after purchasing an additional 17,962 shares during the quarter. Keysight Technologies comprises 2.4% of Speece Thorson Capital Group Inc.’s holdings, making the stock its 23rd largest position. Speece Thorson Capital Group Inc.’s holdings in Keysight Technologies were worth $12,814,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Swedbank AB raised its stake in shares of 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 worth $702,671,000 after purchasing an additional 292,372 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of 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 worth $494,299,000 after purchasing an additional 2,462,543 shares during the last quarter. Capital World Investors purchased a new position in Keysight Technologies during the first quarter valued at approximately $250,097,000. Van ECK Associates Corp raised its position in Keysight Technologies by 6.1% during the second quarter. Van ECK Associates Corp now owns 1,378,723 shares of the scientific and technical instruments company’s stock valued at $188,540,000 after acquiring an additional 79,774 shares in the last quarter. Finally, Bessemer Group Inc. raised its position in Keysight Technologies by 3.8% during the first quarter. Bessemer Group Inc. now owns 1,141,274 shares of the scientific and technical instruments company’s stock valued at $178,473,000 after acquiring an additional 42,126 shares in the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Keysight Technologies

In related 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 sale, the director now owns 42,160 shares in the company, valued at approximately $6,576,960. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on KEYS shares. Bank of America lifted their price target on Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a research report on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft raised their price objective on Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a report on Monday, August 26th. Robert W. Baird dropped their price objective on Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a report on Monday, August 19th. Wells Fargo & Company reissued an “overweight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a report on Wednesday, August 21st. Finally, Vertical Research initiated coverage on Keysight Technologies in a report on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $170.89.

Keysight Technologies Trading Down 1.0 %

NYSE:KEYS traded down $1.65 on Wednesday, reaching $159.56. The company’s stock had a trading volume of 60,980 shares, compared to its average volume of 1,167,850. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $166.28. The company has a quick ratio of 1.52, a current ratio of 2.05 and a debt-to-equity ratio of 0.23. The firm has a market cap of $27.69 billion, a price-to-earnings ratio of 31.10, a price-to-earnings-growth ratio of 4.84 and a beta of 0.98. The stock has a 50 day moving average price of $154.75 and a 200 day moving average price of $145.79.

Keysight Technologies (NYSE:KEYS) last posted its 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. The company had revenue of $1.22 billion for 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%. The company’s revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.04 earnings per share. On average, equities analysts anticipate that Keysight Technologies, Inc. will post 5.43 EPS for the current fiscal year.

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.