Axa S.A. Increases Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Axa S.A. raised its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 0.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,251 shares of the scientific and technical instruments company’s stock after purchasing an additional 286 shares during the period. Axa S.A.’s holdings in Keysight Technologies were worth $4,274,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Swedbank AB purchased a new stake in Keysight Technologies in the first quarter worth $621,993,000. Price T Rowe Associates Inc. MD boosted its stake in shares of Keysight Technologies by 352.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,160,879 shares of the scientific and technical instruments company’s stock valued at $494,299,000 after purchasing an additional 2,462,543 shares in the last quarter. Capital World Investors purchased a new position in shares of Keysight Technologies during the first quarter valued at about $250,097,000. Jennison Associates LLC raised its stake in Keysight Technologies by 53.2% in the first quarter. Jennison Associates LLC now owns 3,811,605 shares of the scientific and technical instruments company’s stock worth $596,059,000 after buying an additional 1,323,775 shares in the last quarter. Finally, Boston Partners purchased a new position in shares of Keysight Technologies in the 1st quarter valued at approximately $175,979,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Susquehanna reduced 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, August 21st. JPMorgan Chase & Co. lifted their price objective on Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research note on Wednesday, August 21st. Robert W. Baird reduced 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, August 19th. Bank of America upped 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. Finally, Wells Fargo & Company restated an “overweight” rating and set a $180.00 price objective on shares of Keysight Technologies in a research note on Wednesday, August 21st. One analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $167.67.

Keysight Technologies Stock Up 0.0 %

KEYS opened at $158.70 on Monday. The stock has a market capitalization of $27.70 billion, a price-to-earnings ratio of 34.58, a PEG ratio of 5.11 and a beta of 0.97. The firm has a 50 day moving average price of $142.96 and a 200-day moving average price of $144.79. Keysight Technologies, Inc. has a twelve month low of $118.57 and a twelve month high of $162.51. The company has a quick ratio of 1.52, a current ratio of 2.05 and a debt-to-equity ratio of 0.23.

Keysight Technologies (NYSE:KEYS) last released its quarterly 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 return on equity of 21.01% and a net margin of 18.24%. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same period in the prior year, the firm earned $2.04 EPS. The company’s revenue was down 11.9% compared to the same quarter last year. Equities research analysts forecast that Keysight Technologies, Inc. will post 5.38 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Richard P. Hamada sold 1,632 shares of the stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total value of $254,592.00. Following the transaction, the director now owns 42,160 shares in the company, valued at approximately $6,576,960. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.60% of the company’s stock.

Keysight Technologies Company 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.