Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Kentucky Retirement Systems

Kentucky Retirement Systems decreased its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 7.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,159 shares of the scientific and technical instruments company’s stock after selling 995 shares during the period. Kentucky Retirement Systems’ holdings in Keysight Technologies were worth $1,932,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Ferguson Wellman Capital Management Inc. lifted its stake in shares of Keysight Technologies by 0.6% in the 2nd quarter. Ferguson Wellman Capital Management Inc. now owns 12,700 shares of the scientific and technical instruments company’s stock valued at $1,737,000 after purchasing an additional 73 shares in the last quarter. Wedmont Private Capital lifted its position in Keysight Technologies by 2.8% during the second quarter. Wedmont Private Capital now owns 2,754 shares of the scientific and technical instruments company’s stock valued at $391,000 after buying an additional 74 shares in the last quarter. Cromwell Holdings LLC grew its stake in Keysight Technologies by 15.9% during the third quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company’s stock worth $87,000 after buying an additional 75 shares during the period. Allworth Financial LP increased its position in shares of Keysight Technologies by 3.9% in the third quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company’s stock worth $317,000 after acquiring an additional 75 shares in the last quarter. Finally, Diversified LLC raised its stake in shares of Keysight Technologies by 3.6% in the 2nd quarter. Diversified LLC now owns 2,259 shares of the scientific and technical instruments company’s stock valued at $309,000 after acquiring an additional 78 shares during the period. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Down 2.8 %

Shares of NYSE:KEYS opened at $149.37 on Monday. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $166.28. The company has a current ratio of 2.05, a quick ratio of 1.52 and a debt-to-equity ratio of 0.23. The firm has a market cap of $25.92 billion, a PE ratio of 28.73, a price-to-earnings-growth ratio of 4.36 and a beta of 0.98. The company has a fifty day simple moving average of $155.17 and a 200 day simple moving average of $145.91.

Keysight Technologies (NYSE:KEYS) last issued its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.35 by $0.22. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the prior year, the business posted $2.04 EPS. The company’s revenue for the quarter was down 11.9% on a year-over-year basis. On average, equities research analysts anticipate that Keysight Technologies, Inc. will post 5.48 EPS for the current fiscal year.

Insider Buying and Selling at Keysight Technologies

In other news, Director Richard P. Hamada sold 1,632 shares of the business’s stock in a transaction that occurred 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 sale, the director now directly owns 42,160 shares in the company, valued at approximately $6,576,960. The trade was a 3.73 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.60% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

KEYS has been the subject of a number of research reports. StockNews.com raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft increased their target price on Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a research note on Monday, August 26th. Susquehanna decreased their price target on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a report on Wednesday, August 21st. Robert W. Baird lowered their price objective on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a research report on Monday, August 19th. Finally, Vertical Research assumed coverage on shares of Keysight Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 target price on the stock. One analyst has rated the stock with a sell rating, one has given a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $170.89.

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.