Daymark Wealth Partners LLC Decreases Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Daymark Wealth Partners LLC decreased its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 62.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 1,926 shares of the scientific and technical instruments company’s stock after selling 3,151 shares during the period. Daymark Wealth Partners LLC’s holdings in Keysight Technologies were worth $263,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Brown Shipley& Co Ltd boosted its holdings in Keysight Technologies by 1.0% in the 4th quarter. Brown Shipley& Co Ltd now owns 6,452 shares of the scientific and technical instruments company’s stock worth $1,026,000 after acquiring an additional 67 shares during the period. Park Avenue Securities LLC grew its holdings in Keysight Technologies by 0.9% during the 1st quarter. Park Avenue Securities LLC now owns 7,830 shares of the scientific and technical instruments company’s stock valued at $1,224,000 after purchasing an additional 71 shares in the last quarter. Ferguson Wellman Capital Management Inc. increased its stake in Keysight Technologies by 0.6% during the 2nd quarter. Ferguson Wellman Capital Management Inc. now owns 12,700 shares of the scientific and technical instruments company’s stock worth $1,737,000 after buying an additional 73 shares during the period. Wedmont Private Capital lifted its holdings in Keysight Technologies by 2.8% in the 2nd quarter. Wedmont Private Capital now owns 2,754 shares of the scientific and technical instruments company’s stock worth $391,000 after buying an additional 74 shares in the last quarter. Finally, Diversified LLC boosted its position in Keysight Technologies by 3.6% in the 2nd quarter. Diversified LLC now owns 2,259 shares of the scientific and technical instruments company’s stock valued at $309,000 after buying an additional 78 shares during the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Richard P. Hamada sold 1,632 shares of the business’s stock in a transaction on 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 transaction, the director now owns 42,160 shares of the company’s stock, valued at $6,576,960. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.60% of the stock is owned by corporate insiders.

Analyst Ratings Changes

KEYS has been the topic of several recent analyst reports. Wells Fargo & Company reissued an “overweight” rating and issued a $180.00 price target on shares of Keysight Technologies in a report on Wednesday, August 21st. Susquehanna reduced their target price on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a research note on Wednesday, August 21st. Bank of America lifted their price target on shares of Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 21st. JPMorgan Chase & Co. increased their price objective 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. Finally, Robert W. Baird dropped 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. One analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $167.67.

Keysight Technologies Trading Up 0.0 %

NYSE KEYS opened at $158.70 on Friday. The firm has a market capitalization of $27.70 billion, a PE ratio of 34.58, a price-to-earnings-growth ratio of 5.11 and a beta of 0.97. Keysight Technologies, Inc. has a one year low of $118.57 and a one year high of $162.51. The company has a 50-day simple moving average of $142.96 and a 200-day simple moving average of $144.84. 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 posted its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.35 by $0.22. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same period in the prior year, the company earned $2.04 earnings per share. The business’s revenue was down 11.9% compared to the same quarter last year. On average, equities analysts forecast that Keysight Technologies, Inc. will post 5.38 earnings per share for the current 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. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.