192 Shares in Keysight Technologies, Inc. (NYSE:KEYS) Bought by Riverview Trust Co – Defense World
Posted by admin on Jul 4th, 2022 
Riverview Trust Co purchased a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS – Get Rating) in the 1st quarter, Holdings Channel reports. The institutional investor purchased 192 shares of the scientific and technical instruments company’s stock, valued at approximately $30,000.
A number of other institutional investors have also recently made changes to their positions in the business. Leith Wheeler Investment Counsel Ltd. grew its position in shares of Keysight Technologies by 0.8% in the 1st quarter. Leith Wheeler Investment Counsel Ltd. now owns 65,571 shares of the scientific and technical instruments company’s stock worth $10,358,000 after buying an additional 520 shares during the last quarter. Shilanski & Associates Inc. lifted its stake in Keysight Technologies by 3.3% in the first quarter. Shilanski & Associates Inc. now owns 9,335 shares of the scientific and technical instruments company’s stock worth $1,475,000 after acquiring an additional 298 shares during the period. Boston Trust Walden Corp bought a new stake in Keysight Technologies in the first quarter valued at $253,000. Thompson Investment Management Inc. increased its position in Keysight Technologies by 1.0% during the 1st quarter. Thompson Investment Management Inc. now owns 28,922 shares of the scientific and technical instruments company’s stock valued at $4,569,000 after purchasing an additional 286 shares during the period. Finally, Endurance Wealth Management Inc. raised its holdings in Keysight Technologies by 7.3% in the 1st quarter. Endurance Wealth Management Inc. now owns 27,450 shares of the scientific and technical instruments company’s stock worth $4,336,000 after purchasing an additional 1,865 shares in the last quarter. 84.00% of the stock is currently owned by institutional investors and hedge funds.
Several brokerages recently issued reports on KEYS. Robert W. Baird decreased their price target on shares of Keysight Technologies from $198.00 to $166.00 in a research note on Monday, May 16th. UBS Group lowered their target price on Keysight Technologies from $220.00 to $177.00 and set a “buy” rating for the company in a research note on Friday, June 17th. Morgan Stanley reduced their price target on Keysight Technologies from $190.00 to $180.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 12th. Deutsche Bank Aktiengesellschaft raised Keysight Technologies from a “hold” rating to a “buy” rating and set a $176.00 price objective for the company in a research report on Friday, March 11th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Keysight Technologies from $230.00 to $200.00 in a research report on Wednesday, May 18th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, Keysight Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $193.50.
KEYS opened at $136.15 on Monday. The firm has a market cap of $24.50 billion, a PE ratio of 24.62, a P/E/G ratio of 2.29 and a beta of 1.07. The stock has a 50-day moving average price of $139.69 and a 200-day moving average price of $158.05. Keysight Technologies, Inc. has a 1 year low of $127.93 and a 1 year high of $209.08. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.86 and a quick ratio of 2.26.
Keysight Technologies (NYSE:KEYS – Get Rating) last posted its quarterly earnings results on Tuesday, May 17th. The scientific and technical instruments company reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.20. Keysight Technologies had a return on equity of 30.60% and a net margin of 19.90%. The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter in the previous year, the business earned $1.34 earnings per share. The company’s revenue was up 10.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Keysight Technologies, Inc. will post 6.52 EPS for the current year.
In other news, Director Richard P. Hamada sold 1,626 shares of the firm’s stock in a transaction dated Monday, June 6th. The shares were sold at an average price of $150.00, for a total transaction of $243,900.00. Following the sale, the director now owns 42,160 shares of the company’s stock, valued at approximately $6,324,000. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.52% of the stock is currently owned by corporate insiders.
Keysight Technologies Profile (Get Rating)
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. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test solutions, and related software; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; and optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions, as well as resells refurbished used Keysight equipment.
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