Hunter Associates Investment Management LLC Invests $218,000 in Keysight Technologies, Inc. (NYSE:KEYS)

Hunter Associates Investment Management LLC purchased a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) during the 3rd quarter, Holdings Channel reports. The fund purchased 1,370 shares of the scientific and technical instruments company’s stock, valued at approximately $218,000.

Several other large investors have also recently bought and sold shares of the business. Wellington Management Group LLP increased its stake in Keysight Technologies by 2.7% in the 4th quarter. Wellington Management Group LLP now owns 9,176 shares of the scientific and technical instruments company’s stock valued at $1,460,000 after buying an additional 238 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Keysight Technologies by 19.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 10,241 shares of the scientific and technical instruments company’s stock worth $1,601,000 after acquiring an additional 1,644 shares during the last quarter. Norden Group LLC raised its holdings in shares of Keysight Technologies by 2,625.6% during the first quarter. Norden Group LLC now owns 44,455 shares of the scientific and technical instruments company’s stock worth $6,952,000 after acquiring an additional 42,824 shares in the last quarter. Advisor Resource Council purchased a new stake in shares of Keysight Technologies during the first quarter worth $244,000. Finally, First Trust Direct Indexing L.P. boosted its position in Keysight Technologies by 6.5% during the first quarter. First Trust Direct Indexing L.P. now owns 4,234 shares of the scientific and technical instruments company’s stock valued at $662,000 after purchasing an additional 260 shares during the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Richard P. Hamada sold 1,632 shares of the 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 of the company’s stock, valued at approximately $6,576,960. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on KEYS. JPMorgan Chase & Co. raised their price target on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. Susquehanna cut their price objective on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a research report on Wednesday, August 21st. Wells Fargo & Company reissued an “overweight” rating and issued a $180.00 target price on shares of Keysight Technologies in a research report on Wednesday, August 21st. Robert W. Baird dropped their price target 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. Finally, Bank of America lifted their price objective on shares of Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a research note on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $167.67.

Keysight Technologies Price Performance

NYSE KEYS opened at $155.27 on Wednesday. Keysight Technologies, Inc. has a 1 year low of $118.63 and a 1 year high of $162.51. The company has a fifty day simple moving average of $153.93 and a 200 day simple moving average of $145.11. 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 company has a market cap of $27.10 billion, a P/E ratio of 33.83, a P/E/G ratio of 5.19 and a beta of 0.97.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.22. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period last year, the business posted $2.04 earnings per share. The firm’s revenue was down 11.9% compared to the same quarter last year. On average, sell-side analysts predict 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.