Kestra Private Wealth Services LLC Buys 213 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Posted by on Apr 20th, 2023

Kestra Private Wealth Services LLC grew its position in Keysight Technologies, Inc. (NYSE:KEYS – Get Rating) by 11.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,083 shares of the scientific and technical instruments company’s stock after acquiring an additional 213 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Keysight Technologies were worth $356,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in KEYS. Private Trust Co. NA lifted its position in shares of Keysight Technologies by 134.2% during the third quarter. Private Trust Co. NA now owns 185 shares of the scientific and technical instruments company’s stock worth $29,000 after purchasing an additional 106 shares during the last quarter. Altshuler Shaham Ltd purchased a new position in shares of Keysight Technologies during the third quarter worth approximately $31,000. CVA Family Office LLC raised its stake in shares of Keysight Technologies by 130.0% during the third quarter. CVA Family Office LLC now owns 230 shares of the scientific and technical instruments company’s stock valued at $36,000 after acquiring an additional 130 shares in the last quarter. CI Investments Inc. grew its stake in Keysight Technologies by 968.2% in the third quarter. CI Investments Inc. now owns 235 shares of the scientific and technical instruments company’s stock worth $37,000 after purchasing an additional 213 shares in the last quarter. Finally, Pinnacle Financial Partners Inc. purchased a new stake in shares of Keysight Technologies in the 3rd quarter worth $39,000. Institutional investors own 81.69% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on KEYS. Barclays upgraded shares of Keysight Technologies from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $175.00 to $202.00 in a report on Tuesday, January 10th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Keysight Technologies from $178.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, March 8th. Susquehanna reiterated a “positive” rating and set a $208.00 price objective on shares of Keysight Technologies in a report on Thursday, March 9th. UBS Group dropped their target price on Keysight Technologies from $205.00 to $185.00 and set a “buy” rating on the stock in a research note on Thursday, February 23rd. Finally, StockNews.com started coverage on Keysight Technologies in a research note on Thursday, March 16th. They issued a “buy” rating for the company. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $197.75.

Keysight Technologies Trading Down 1.1 %

Shares of Keysight Technologies stock opened at $148.63 on Thursday. Keysight Technologies, Inc. has a fifty-two week low of $127.93 and a fifty-two week high of $189.45. The company has a market cap of $26.48 billion, a P/E ratio of 23.26, a price-to-earnings-growth ratio of 2.66 and a beta of 1.09. The firm has a 50-day simple moving average of $161.94 and a two-hundred day simple moving average of $169.07. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.45 and a current ratio of 3.07.

Keysight Technologies (NYSE:KEYS – Get Rating) last announced its quarterly earnings data on Tuesday, February 21st. The scientific and technical instruments company reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.85 by $0.17. The company had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.37 billion. Keysight Technologies had a net margin of 20.81% and a return on equity of 32.50%. The company’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.41 EPS. As a group, equities analysts predict that Keysight Technologies, Inc. will post 7.28 earnings per share for the current fiscal year.

Keysight Technologies Company Profile

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Keysight Technologies, Inc engages in the provision of electronic design and test solutions that are used in the design, development, manufacture, installation, deployment, validation, optimization and secure operation of electronics systems to communications, networking and electronics industries. It operates through the following segments: Communications Solutions Group, and Electronic Industrial Solutions Group.

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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