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

Saturna Capital Corp raised its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 0.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 869,865 shares of the scientific and technical instruments company’s stock after purchasing an additional 278 shares during the period. Keysight Technologies comprises 1.8% of Saturna Capital Corp’s investment portfolio, making the stock its 19th biggest position. Saturna Capital Corp owned approximately 0.50% of Keysight Technologies worth $138,248,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Meeder Asset Management Inc. acquired a new stake in Keysight Technologies in the second quarter valued at approximately $27,000. Family Firm Inc. acquired a new stake in shares of Keysight Technologies in the 2nd quarter valued at $30,000. American National Bank & Trust purchased a new stake in shares of Keysight Technologies during the 3rd quarter worth $31,000. GPS Wealth Strategies Group LLC grew its stake in shares of Keysight Technologies by 262.9% during the second quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock worth $35,000 after purchasing an additional 184 shares in the last quarter. Finally, Versant Capital Management Inc increased its holdings in 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 buying an additional 278 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Wall Street Analyst Weigh In

KEYS has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price target on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a report on Wednesday, August 21st. Susquehanna lowered their price target on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a report on Wednesday, August 21st. Wells Fargo & Company reiterated an “overweight” rating and issued a $180.00 price target on shares of Keysight Technologies in a research note on Wednesday, August 21st. 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. Finally, Robert W. Baird cut 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. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $170.89.

Keysight Technologies Trading Up 0.3 %

Shares of Keysight Technologies stock opened at $161.70 on Wednesday. The company has a market capitalization of $28.06 billion, a P/E ratio of 31.10, a PEG ratio of 4.84 and a beta of 0.98. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $166.28. The company’s fifty day moving average is $154.75 and its two-hundred day moving average is $145.79. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.52 and a current ratio of 2.05.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.35 by $0.22. The company 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%. The business’s revenue was down 11.9% on a year-over-year basis. During the same quarter last year, the business earned $2.04 EPS. Analysts forecast that Keysight Technologies, Inc. will post 5.43 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Richard P. Hamada sold 1,632 shares of the company’s stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total transaction of $254,592.00. Following the transaction, the director now directly owns 42,160 shares of the company’s stock, valued at $6,576,960. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.60% of the stock is currently owned by corporate insiders.

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.