HB Wealth Management LLC Has $424,000 Position in Keysight Technologies, Inc. (NYSE:KEYS)

HB Wealth Management LLC boosted its position in Keysight Technologies, Inc. (NYSE:KEYS) by 37.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,712 shares of the scientific and technical instruments company’s stock after buying an additional 744 shares during the quarter. HB Wealth Management LLC’s holdings in Keysight Technologies were worth $424,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Rise Advisors LLC acquired a new stake in Keysight Technologies in the 1st quarter valued at approximately $25,000. Ancora Advisors LLC bought a new stake in Keysight Technologies in the 3rd quarter valued at $25,000. Venturi Wealth Management LLC increased its holdings in shares of Keysight Technologies by 145.9% during the 4th quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock worth $43,000 after purchasing an additional 159 shares during the period. EdgeRock Capital LLC acquired a new stake in Keysight Technologies during the fourth quarter worth about $46,000. Finally, GAMMA Investing LLC bought a new stake in shares of Keysight Technologies during the fourth quarter valued at approximately $48,000. 84.58% of the stock is currently owned by institutional investors.

Insider Transactions at Keysight Technologies

In other news, Director Kevin A. Stephens acquired 460 shares of the firm’s stock in a transaction that occurred on Tuesday, May 28th. The stock was purchased at an average price of $143.35 per share, for a total transaction of $65,941.00. Following the completion of the acquisition, the director now owns 7,681 shares in the company, valued at $1,101,071.35. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Keysight Technologies news, Director Kevin A. Stephens bought 460 shares of the firm’s stock in a transaction on Tuesday, May 28th. The stock was purchased at an average cost of $143.35 per share, with a total value of $65,941.00. Following the completion of the purchase, the director now owns 7,681 shares in the company, valued at $1,101,071.35. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Lisa M. Poole sold 440 shares of the firm’s stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $136.45, for a total value of $60,038.00. Following the sale, the vice president now directly owns 3,913 shares in the company, valued at approximately $533,928.85. The disclosure for this sale can be found here. Corporate insiders own 0.60% of the company’s stock.

Keysight Technologies Price Performance

Shares of KEYS traded up $1.41 during mid-day trading on Friday, hitting $136.74. 435,636 shares of the company traded hands, compared to its average volume of 1,205,191. The company has a current ratio of 1.99, a quick ratio of 1.48 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $23.87 billion, a price-to-earnings ratio of 29.48, a PEG ratio of 4.67 and a beta of 0.95. The business has a 50-day moving average of $142.56 and a 200 day moving average of $150.16. Keysight Technologies, Inc. has a one year low of $118.57 and a one year high of $172.72.

Keysight Technologies (NYSE:KEYS) last issued its earnings results on Monday, May 20th. The scientific and technical instruments company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.01. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.20 billion. Keysight Technologies had a net margin of 15.70% and a return on equity of 23.79%. As a group, equities analysts expect that Keysight Technologies, Inc. will post 5.25 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on KEYS. Barclays lifted their target price on shares of Keysight Technologies from $141.00 to $151.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 21st. Robert W. Baird lifted their price objective on Keysight Technologies from $155.00 to $167.00 and gave the company an “outperform” rating in a report on Tuesday, May 21st. Finally, Susquehanna dropped their target price on Keysight Technologies from $208.00 to $195.00 and set a “positive” rating for the company in a report on Tuesday, May 21st. One analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $166.33.

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.