Lyell Wealth Management LP Has $551,000 Position in Keysight Technologies, Inc. (NYSE:KEYS)

Lyell Wealth Management LP boosted its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 4.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,029 shares of the scientific and technical instruments company’s stock after buying an additional 180 shares during the period. Lyell Wealth Management LP’s holdings in Keysight Technologies were worth $551,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of KEYS. Rise Advisors LLC acquired a new position in Keysight Technologies in the first quarter valued at approximately $25,000. Meeder Asset Management Inc. bought a new stake in Keysight Technologies in the second quarter valued at approximately $27,000. Family Firm Inc. bought a new stake in Keysight Technologies in the second quarter valued at approximately $30,000. Larson Financial Group LLC bought a new position in Keysight Technologies in the first quarter valued at $31,000. Finally, GPS Wealth Strategies Group LLC grew its position in Keysight Technologies by 262.9% in the second quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock valued at $35,000 after purchasing an additional 184 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Keysight Technologies

In other news, Director Richard P. Hamada sold 1,632 shares of the firm’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total transaction of $254,592.00. Following the completion of the sale, the director now owns 42,160 shares in the company, valued at approximately $6,576,960. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.60% of the stock is currently owned by corporate insiders.

Keysight Technologies Stock Performance

NYSE KEYS opened at $150.04 on Monday. The firm has a 50-day moving average of $140.54 and a 200-day moving average of $144.96. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.52 and a current ratio of 2.05. The stock has a market cap of $26.04 billion, a PE ratio of 32.69, a P/E/G ratio of 5.03 and a beta of 0.97. Keysight Technologies, Inc. has a 52-week low of $118.57 and a 52-week high of $162.51.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%. Keysight Technologies’s quarterly revenue was down 11.9% compared to the same quarter last year. During the same quarter last year, the company posted $2.04 EPS. On average, sell-side analysts anticipate that Keysight Technologies, Inc. will post 5.35 EPS for the current year.

Wall Street Analysts Forecast Growth

KEYS has been the subject of a number of analyst reports. Robert W. Baird decreased their target price on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a research report on Monday, August 19th. 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. Bank of America increased their price target on shares of Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a research note on Wednesday, August 21st. Vertical Research assumed coverage on shares of Keysight Technologies in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 price target for the company. Finally, JPMorgan Chase & Co. increased their price target on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research note on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $167.67.

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.