Empirical Finance LLC Purchases 219 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Empirical Finance LLC raised its position in Keysight Technologies, Inc. (NYSE:KEYS) by 3.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,310 shares of the scientific and technical instruments company’s stock after acquiring an additional 219 shares during the quarter. Empirical Finance LLC’s holdings in Keysight Technologies were worth $987,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of KEYS. Venturi Wealth Management LLC raised its holdings in Keysight Technologies by 145.9% during the fourth quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock valued at $43,000 after acquiring an additional 159 shares during the period. Everence Capital Management Inc. grew its position in Keysight Technologies by 161.6% in the fourth quarter. Everence Capital Management Inc. now owns 20,071 shares of the scientific and technical instruments company’s stock worth $3,193,000 after acquiring an additional 12,400 shares in the last quarter. TD Asset Management Inc increased its position in shares of Keysight Technologies by 5.8% during 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 purchasing an additional 25,654 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings 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 buying an additional 353,768 shares during the period. Finally, Benjamin F. Edwards & Company Inc. boosted its stake in Keysight Technologies by 68.4% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 2,808 shares of the scientific and technical instruments company’s stock worth $447,000 after buying an additional 1,141 shares during the period. 84.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on KEYS. Robert W. Baird raised their price objective on shares of Keysight Technologies from $155.00 to $167.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 21st. Susquehanna reduced their price target on shares of Keysight Technologies from $208.00 to $195.00 and set a “positive” rating on the stock in a research note on Tuesday, May 21st. Finally, 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. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $166.33.

Insider Buying and Selling

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

Keysight Technologies Price Performance

Shares of NYSE KEYS traded up $2.12 during mid-day trading on Friday, reaching $142.11. The company’s stock had a trading volume of 1,140,398 shares, compared to its average volume of 1,200,206. Keysight Technologies, Inc. has a 1-year low of $118.57 and a 1-year high of $172.72. The stock has a market capitalization of $24.80 billion, a P/E ratio of 30.51, a P/E/G ratio of 4.75 and a beta of 0.95. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.48 and a current ratio of 1.99. The stock has a 50-day moving average of $141.57 and a two-hundred day moving average of $149.44.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Monday, May 20th. The scientific and technical instruments company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.01. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.20 billion. Keysight Technologies had a net margin of 15.70% and a return on equity of 23.79%. On average, equities research analysts anticipate that Keysight Technologies, Inc. will post 5.25 EPS for the current fiscal year.

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.