First Horizon Advisors Inc. Acquires 114 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

First Horizon Advisors Inc. grew its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 6.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,798 shares of the scientific and technical instruments company’s stock after purchasing an additional 114 shares during the period. First Horizon Advisors Inc.’s holdings in Keysight Technologies were worth $286,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of KEYS. O Shaughnessy Asset Management LLC boosted its holdings in shares of Keysight Technologies by 39.2% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 6,785 shares of the scientific and technical instruments company’s stock valued at $1,061,000 after acquiring an additional 1,912 shares in the last quarter. Advisors Asset Management Inc. raised its stake in shares of Keysight Technologies by 32.2% during the first quarter. Advisors Asset Management Inc. now owns 16,350 shares of the scientific and technical instruments company’s stock valued at $2,557,000 after acquiring an additional 3,982 shares during the last quarter. Magnetar Financial LLC acquired a new position in shares of Keysight Technologies during the first quarter worth $337,000. Price T Rowe Associates Inc. MD grew its stake in shares of Keysight Technologies by 352.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 3,160,879 shares of the scientific and technical instruments company’s stock worth $494,299,000 after purchasing an additional 2,462,543 shares during the last quarter. Finally, Public Employees Retirement System of Ohio increased its holdings in Keysight Technologies by 9.0% in the first quarter. Public Employees Retirement System of Ohio now owns 83,128 shares of the scientific and technical instruments company’s stock valued at $13,000,000 after purchasing an additional 6,833 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the company. Morgan Stanley lifted their target price on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday. StockNews.com downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Saturday. Susquehanna reaffirmed a “positive” rating and issued a $185.00 price objective on shares of Keysight Technologies in a research note on Wednesday. Deutsche Bank Aktiengesellschaft increased their price target on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, JPMorgan Chase & Co. upped their target price 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 equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $177.30.

Keysight Technologies Trading Down 0.1 %

NYSE:KEYS opened at $170.28 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $171.05. The company has a market cap of $29.55 billion, a PE ratio of 48.65, a PEG ratio of 4.46 and a beta of 0.98. The firm has a 50-day moving average of $156.16 and a 200-day moving average of $146.27.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.22. Keysight Technologies had a return on equity of 19.34% and a net margin of 12.32%. The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same period in the previous year, the company posted $2.04 EPS. The company’s revenue for the quarter was down 11.9% on a year-over-year basis. As a group, equities research analysts expect that Keysight Technologies, Inc. will post 6.18 EPS for the current fiscal year.

About Keysight Technologies

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.