Keysight Technologies, Inc. (NYSE:KEYS) Shares Bought by Saturna Capital Corp

Saturna Capital Corp increased its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 0.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 869,865 shares of the scientific and technical instruments company’s stock after buying an additional 278 shares during the period. Keysight Technologies comprises about 1.8% of Saturna Capital Corp’s holdings, making the stock its 19th largest position. Saturna Capital Corp’s holdings in Keysight Technologies were worth $138,248,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Geneva Capital Management LLC lifted its stake in Keysight Technologies by 2.9% in the 3rd quarter. Geneva Capital Management LLC now owns 226,866 shares of the scientific and technical instruments company’s stock valued at $36,056,000 after buying an additional 6,479 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of Keysight Technologies by 2.3% in the third quarter. Victory Capital Management Inc. now owns 140,764 shares of the scientific and technical instruments company’s stock worth $22,372,000 after acquiring an additional 3,174 shares during the last quarter. Meridian Management Co. lifted its position in shares of Keysight Technologies by 6.3% in the third quarter. Meridian Management Co. now owns 22,225 shares of the scientific and technical instruments company’s stock valued at $3,532,000 after acquiring an additional 1,321 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Keysight Technologies by 0.7% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 430,240 shares of the scientific and technical instruments company’s stock valued at $68,378,000 after acquiring an additional 2,898 shares during the last quarter. Finally, Entropy Technologies LP purchased a new stake in Keysight Technologies during the 3rd quarter worth about $3,349,000. 84.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have issued reports on KEYS shares. Deutsche Bank Aktiengesellschaft upped their target price 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. Robert W. Baird reduced their price objective on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th. Barclays raised shares of Keysight Technologies from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $158.00 to $180.00 in a research note on Monday, November 4th. Wells Fargo & Company reissued an “overweight” rating and set a $180.00 price target on shares of Keysight Technologies in a research note on Wednesday, August 21st. Finally, JPMorgan Chase & Co. lifted their price objective on Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $170.89.

Insider Activity at Keysight Technologies

In related news, Director Richard P. Hamada sold 1,632 shares of the firm’s stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total transaction of $254,592.00. Following the sale, the director now directly owns 42,160 shares in the company, valued at approximately $6,576,960. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.60% of the stock is owned by insiders.

Keysight Technologies Trading Up 0.3 %

KEYS stock opened at $161.70 on Wednesday. The business has a fifty day simple moving average of $154.75 and a 200-day simple moving average of $145.79. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week 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 company has a market cap of $28.06 billion, a price-to-earnings ratio of 31.10, a PEG ratio of 4.84 and a beta of 0.98.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.22. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the previous year, the firm earned $2.04 earnings per share. Keysight Technologies’s revenue for the quarter was down 11.9% on a year-over-year basis. On average, equities research analysts expect that Keysight Technologies, Inc. will post 5.43 EPS for the current 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.