Raymond James Financial Services Advisors Inc. purchased a new position in shares of Keysight Technologies Inc. (NYSE:KEYS) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 5,329 shares of the scientific and technical instruments company’s stock, valued at approximately $207,000.

Other large investors also recently bought and sold shares of the company. Mckinley Capital Management LLC Delaware acquired a new stake in shares of Keysight Technologies in the second quarter worth $100,000. Creative Planning increased its position in shares of Keysight Technologies by 1.2% in the second quarter. Creative Planning now owns 5,450 shares of the scientific and technical instruments company’s stock worth $212,000 after acquiring an additional 63 shares in the last quarter. Starfire Investment Advisers Inc. acquired a new stake in shares of Keysight Technologies in the second quarter worth $214,000. Cadence Capital Management LLC increased its position in shares of Keysight Technologies by 1.1% in the second quarter. Cadence Capital Management LLC now owns 6,167 shares of the scientific and technical instruments company’s stock worth $240,000 after acquiring an additional 66 shares in the last quarter. Finally, Moors & Cabot Inc. acquired a new stake in shares of Keysight Technologies in the second quarter worth $248,000. 87.92% of the stock is currently owned by institutional investors.

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In other Keysight Technologies news, VP John C. Skinner sold 15,058 shares of the firm’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $40.79, for a total transaction of $614,215.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ronald S. Nersesian sold 58,931 shares of the firm’s stock in a transaction on Monday, October 9th. The stock was sold at an average price of $41.64, for a total transaction of $2,453,886.84. The disclosure for this sale can be found here. 1.23% of the stock is owned by company insiders.

Several equities research analysts have recently issued reports on the stock. BidaskClub raised shares of Keysight Technologies from a “sell” rating to a “hold” rating in a research report on Monday, September 18th. Robert W. Baird reissued a “buy” rating and issued a $48.00 price objective on shares of Keysight Technologies in a research report on Friday, October 6th. Stifel Nicolaus reissued a “hold” rating and issued a $40.00 price objective on shares of Keysight Technologies in a research report on Friday, September 1st. Credit Suisse Group increased their price objective on shares of Keysight Technologies from $45.50 to $49.00 and gave the stock an “outperform” rating in a research report on Thursday, August 31st. Finally, Zacks Investment Research lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $47.33.

Shares of Keysight Technologies Inc. (NYSE KEYS) opened at $44.32 on Tuesday. The firm has a market cap of $8,240.00, a price-to-earnings ratio of 20.25, a P/E/G ratio of 2.28 and a beta of 1.22. Keysight Technologies Inc. has a fifty-two week low of $34.58 and a fifty-two week high of $45.65. The company has a current ratio of 2.75, a quick ratio of 2.04 and a debt-to-equity ratio of 0.92.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Wednesday, August 30th. The scientific and technical instruments company reported $0.61 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.07. The business had revenue of $832.00 million during the quarter, compared to analyst estimates of $862.38 million. Keysight Technologies had a net margin of 7.58% and a return on equity of 20.85%. The business’s revenue was up 16.4% on a year-over-year basis. During the same period last year, the business earned $0.63 EPS. equities analysts anticipate that Keysight Technologies Inc. will post 2.2 earnings per share for the current year.

Keysight Technologies Profile

Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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