Foyston Gordon & Payne Inc Buys 415 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Foyston Gordon & Payne Inc raised its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 0.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 55,764 shares of the scientific and technical instruments company’s stock after buying an additional 415 shares during the quarter. Keysight Technologies comprises approximately 1.9% of Foyston Gordon & Payne Inc’s investment portfolio, making the stock its 19th biggest holding. Foyston Gordon & Payne Inc’s holdings in Keysight Technologies were worth $7,626,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Rise Advisors LLC acquired a new stake in shares of Keysight Technologies in the first quarter valued at approximately $25,000. Family Firm Inc. acquired a new stake in shares of Keysight Technologies in the second quarter valued at approximately $30,000. Larson Financial Group LLC acquired a new stake in shares of Keysight Technologies in the first quarter valued at approximately $31,000. GPS Wealth Strategies Group LLC raised its holdings in shares of Keysight Technologies by 262.9% in the second quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock valued at $35,000 after purchasing an additional 184 shares during the last quarter. Finally, Versant Capital Management Inc raised its holdings in shares of Keysight Technologies by 842.4% in the second quarter. Versant Capital Management Inc now owns 311 shares of the scientific and technical instruments company’s stock valued at $43,000 after purchasing an additional 278 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on KEYS. Barclays boosted their target price on shares of Keysight Technologies from $141.00 to $151.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 21st. JPMorgan Chase & Co. boosted their target price on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a report on Wednesday, August 21st. Wells Fargo & Company reiterated an “overweight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a report on Wednesday, August 21st. Vertical Research started coverage on shares of Keysight Technologies in a report on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a report on Monday, August 26th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $167.09.

Keysight Technologies Trading Up 0.9 %

KEYS opened at $154.12 on Friday. Keysight Technologies, Inc. has a twelve month low of $118.57 and a twelve month high of $162.51. The company has a 50-day simple moving average of $138.15 and a 200 day simple moving average of $145.25. 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 stock has a market capitalization of $26.90 billion, a price-to-earnings ratio of 33.58, a P/E/G ratio of 5.23 and a beta of 0.95.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data 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 business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. Keysight Technologies’s revenue was down 11.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.04 earnings per share. Analysts predict that Keysight Technologies, Inc. will post 5.35 EPS for the current fiscal year.

Insider Transactions at Keysight Technologies

In other news, Director Richard P. Hamada sold 1,632 shares of the stock in a transaction dated Thursday, August 22nd. The shares were 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 owns 42,160 shares of the company’s stock, valued at $6,576,960. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, VP Lisa M. Poole sold 440 shares of the company’s stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of $136.45, for a total value of $60,038.00. Following the completion of the transaction, the vice president now owns 3,913 shares of the company’s stock, valued at $533,928.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard P. Hamada sold 1,632 shares of the company’s stock in a transaction that occurred on Thursday, August 22nd. The shares were 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 of the company’s stock, valued at approximately $6,576,960. The disclosure for this sale can be found here. Company insiders own 0.60% of the company’s stock.

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.