OLD National Bancorp IN grew its holdings in Keysight Technologies, Inc. (NYSE:KEYS – Free Report) by 3.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,097 shares of the scientific and technical instruments company’s stock after purchasing an additional 106 shares during the quarter. OLD National Bancorp IN’s holdings in Keysight Technologies were worth $500,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. grew its position in shares of Keysight Technologies by 0.6% in the third quarter. Vanguard Group Inc. now owns 20,702,091 shares of the scientific and technical instruments company’s stock valued at $3,257,681,000 after purchasing an additional 115,259 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Keysight Technologies by 0.4% in the fourth quarter. JPMorgan Chase & Co. now owns 3,961,840 shares of the scientific and technical instruments company’s stock valued at $677,751,000 after purchasing an additional 16,112 shares during the last quarter. Geode Capital Management LLC grew its position in Keysight Technologies by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 3,615,791 shares of the scientific and technical instruments company’s stock worth $617,416,000 after buying an additional 84,128 shares in the last quarter. Alliancebernstein L.P. grew its position in Keysight Technologies by 31.8% during the fourth quarter. Alliancebernstein L.P. now owns 2,160,766 shares of the scientific and technical instruments company’s stock worth $369,642,000 after buying an additional 521,934 shares in the last quarter. Finally, Morgan Stanley grew its position in Keysight Technologies by 29.8% during the fourth quarter. Morgan Stanley now owns 2,026,408 shares of the scientific and technical instruments company’s stock worth $346,658,000 after buying an additional 464,655 shares in the last quarter. 84.08% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, SVP Soon Chai Gooi sold 29,139 shares of the business’s stock in a transaction that occurred on Tuesday, May 30th. The shares were sold at an average price of $161.95, for a total value of $4,719,061.05. Following the completion of the transaction, the senior vice president now owns 227,874 shares in the company, valued at approximately $36,904,194.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Keysight Technologies news, Director Kevin A. Stephens bought 420 shares of the stock in a transaction on Friday, May 19th. The stock was purchased at an average price of $157.45 per share, with a total value of $66,129.00. Following the acquisition, the director now owns 5,589 shares of the company’s stock, valued at $879,988.05. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Soon Chai Gooi sold 29,139 shares of Keysight Technologies stock in a transaction on Tuesday, May 30th. The stock was sold at an average price of $161.95, for a total transaction of $4,719,061.05. Following the sale, the senior vice president now directly owns 227,874 shares of the company’s stock, valued at approximately $36,904,194.30. The disclosure for this sale can be found here. 0.51% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
Keysight Technologies Stock Performance
NYSE:KEYS opened at $166.98 on Tuesday. Keysight Technologies, Inc. has a 1 year low of $133.34 and a 1 year high of $189.45. The firm has a 50 day moving average of $155.57 and a 200-day moving average of $163.54. The company has a current ratio of 3.35, a quick ratio of 2.68 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $29.78 billion, a P/E ratio of 25.45, a price-to-earnings-growth ratio of 2.71 and a beta of 1.06.
Keysight Technologies (NYSE:KEYS – Free Report) last posted its quarterly earnings data on Tuesday, May 16th. The scientific and technical instruments company reported $2.12 earnings per share for the quarter, topping the consensus estimate of $1.95 by $0.17. Keysight Technologies had a net margin of 21.11% and a return on equity of 31.75%. The firm had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter in the previous year, the company posted $1.68 EPS. Keysight Technologies’s revenue was up 2.9% on a year-over-year basis. As a group, sell-side analysts anticipate that Keysight Technologies, Inc. will post 7.49 EPS for the current fiscal year.
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. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test solutions, and related software; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; and optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions, as well as resells refurbished used Keysight equipment.
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