Keysight Technologies (NYSE:KEYS) Given New $165.00 Price Target at JPMorgan Chase & Co.

Keysight Technologies (NYSE:KEYS) had its price target boosted by JPMorgan Chase & Co. from $155.00 to $165.00 in a research report report published on Wednesday, Benzinga reports. They currently have a neutral rating on the scientific and technical instruments company’s stock.

A number of other analysts have also commented on the company. Bank of America increased their price objective on Keysight Technologies from $135.00 to $150.00 and gave the company an underperform rating in a research note on Wednesday. Wells Fargo & Company reaffirmed an overweight rating and set a $180.00 price target on shares of Keysight Technologies in a research note on Wednesday. Barclays boosted their price objective on shares of Keysight Technologies from $141.00 to $151.00 and gave the company an equal weight rating in a research report on Tuesday, May 21st. Susquehanna decreased their target price on shares of Keysight Technologies from $195.00 to $185.00 and set a positive rating on the stock in a research report on Wednesday. Finally, Robert W. Baird cut their price target on Keysight Technologies from $167.00 to $160.00 and set an outperform rating for the company in a report on Monday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of Moderate Buy and a consensus price target of $166.30.

Keysight Technologies Trading Up 13.9 %

Shares of KEYS stock opened at $157.85 on Wednesday. Keysight Technologies has a fifty-two week low of $118.57 and a fifty-two week high of $162.51. The company has a quick ratio of 1.48, a current ratio of 1.99 and a debt-to-equity ratio of 0.24. The business has a fifty day simple moving average of $135.72 and a 200-day simple moving average of $145.43. The stock has a market cap of $27.55 billion, a P/E ratio of 34.39, a P/E/G ratio of 4.58 and a beta of 0.95.

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 for the quarter, beating the consensus estimate of $1.35 by $0.22. Keysight Technologies had a net margin of 15.70% and a return on equity of 23.79%. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period last year, the firm posted $2.04 EPS. The firm’s revenue for the quarter was down 11.9% on a year-over-year basis. On average, analysts forecast that Keysight Technologies will post 5.25 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Keysight Technologies news, VP Lisa M. Poole sold 440 shares of the business’s stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $136.45, for a total transaction of $60,038.00. Following the completion of the sale, the vice president now owns 3,913 shares of the company’s stock, valued at $533,928.85. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, Director Kevin A. Stephens purchased 460 shares of the firm’s stock in a transaction on Tuesday, May 28th. The stock was purchased at an average price of $143.35 per share, for a total transaction of $65,941.00. Following the acquisition, the director now directly owns 7,681 shares in the company, valued at $1,101,071.35. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Lisa M. Poole sold 440 shares of the stock in a transaction that occurred on Monday, June 17th. The shares were sold at an average price of $136.45, for a total transaction of $60,038.00. Following the completion of the sale, the vice president now directly owns 3,913 shares of the company’s stock, valued at approximately $533,928.85. The disclosure for this sale can be found here. Corporate insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. TD Asset Management Inc boosted its position in Keysight Technologies by 5.8% in the 4th quarter. TD Asset Management Inc now owns 467,818 shares of the scientific and technical instruments company’s stock valued at $74,425,000 after buying an additional 25,654 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in Keysight Technologies by 102.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 698,336 shares of the scientific and technical instruments company’s stock valued at $111,099,000 after purchasing an additional 353,768 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its holdings in Keysight Technologies by 68.4% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 2,808 shares of the scientific and technical instruments company’s stock worth $447,000 after purchasing an additional 1,141 shares during the last quarter. Swedbank AB boosted its stake in shares of Keysight Technologies by 3.8% during the 2nd quarter. Swedbank AB now owns 4,128,892 shares of the scientific and technical instruments company’s stock valued at $564,626,000 after buying an additional 151,446 shares during the last quarter. Finally, Brown Advisory Inc. grew its position in shares of Keysight Technologies by 19.8% during the fourth quarter. Brown Advisory Inc. now owns 47,971 shares of the scientific and technical instruments company’s stock worth $7,632,000 after buying an additional 7,945 shares in the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

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.