Maia Wealth LLC Takes $89,000 Position in Keysight Technologies, Inc. (NYSE:KEYS)

Maia Wealth LLC bought a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 562 shares of the scientific and technical instruments company’s stock, valued at approximately $89,000.

Other institutional investors also recently made changes to their positions in the company. Swedbank AB grew its holdings in Keysight Technologies by 3.8% in the 2nd quarter. Swedbank AB now owns 4,128,892 shares of the scientific and technical instruments company’s stock worth $564,626,000 after buying an additional 151,446 shares in the last quarter. Oppenheimer & Co. Inc. grew its holdings in Keysight Technologies by 14.6% in the 1st quarter. Oppenheimer & Co. Inc. now owns 47,393 shares of the scientific and technical instruments company’s stock worth $7,411,000 after buying an additional 6,049 shares in the last quarter. Capital International Sarl bought a new position in Keysight Technologies in the 1st quarter worth approximately $2,434,000. Teachers Retirement System of The State of Kentucky grew its holdings in Keysight Technologies by 172.6% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 41,977 shares of the scientific and technical instruments company’s stock worth $6,565,000 after buying an additional 26,577 shares in the last quarter. Finally, SG Americas Securities LLC grew its holdings in Keysight Technologies by 271.8% in the 1st quarter. SG Americas Securities LLC now owns 74,820 shares of the scientific and technical instruments company’s stock worth $11,700,000 after buying an additional 54,698 shares in the last quarter. 84.58% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Richard P. Hamada sold 1,632 shares of the stock in a transaction 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 owns 42,160 shares in the company, valued at $6,576,960. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.60% of the company’s stock.

Keysight Technologies Price Performance

Shares of NYSE:KEYS opened at $165.18 on Friday. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $165.35. The stock has a fifty day moving average of $154.07 and a 200-day moving average of $145.46. The company has a market capitalization of $28.67 billion, a PE ratio of 31.77, a price-to-earnings-growth ratio of 4.54 and a beta of 0.98. 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 announced its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.22. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.19 billion. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. The company’s quarterly revenue was down 11.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.04 EPS. As a group, equities analysts anticipate that Keysight Technologies, Inc. will post 5.43 EPS for the current fiscal year.

Wall Street Analyst Weigh In

KEYS has been the subject of a number of recent analyst reports. Vertical Research initiated coverage on Keysight Technologies in a report on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 price objective for the company. Wells Fargo & Company reissued an “overweight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a report on Wednesday, August 21st. Susquehanna cut their target price on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a research report on Wednesday, August 21st. Barclays upgraded Keysight Technologies from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $158.00 to $180.00 in a research report on Monday. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, August 26th. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $170.89.

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.