Maia Wealth LLC Invests $89,000 in Keysight Technologies, Inc. (NYSE:KEYS)

Maia Wealth LLC purchased a new position in Keysight Technologies, Inc. (NYSE:KEYS) during the third quarter, Holdings Channel.com reports. The firm purchased 562 shares of the scientific and technical instruments company’s stock, valued at approximately $89,000.

A number of other hedge funds have also modified their holdings of KEYS. Norden Group LLC increased its position in Keysight Technologies by 59.5% during the first quarter. Norden Group LLC now owns 2,601 shares of the scientific and technical instruments company’s stock worth $407,000 after buying an additional 970 shares during the last quarter. GSA Capital Partners LLP acquired a new position in Keysight Technologies during the first quarter worth $744,000. Larson Financial Group LLC acquired a new position in Keysight Technologies during the first quarter worth $31,000. Empirical Finance LLC increased its position in Keysight Technologies by 3.6% during the first quarter. Empirical Finance LLC now owns 6,310 shares of the scientific and technical instruments company’s stock worth $987,000 after buying an additional 219 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its position in Keysight Technologies by 17.8% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 27,926 shares of the scientific and technical instruments company’s stock worth $4,367,000 after buying an additional 4,218 shares during the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Stock Up 2.1 %

NYSE KEYS opened at $165.18 on Friday. The company has a current ratio of 2.05, a quick ratio of 1.52 and a debt-to-equity ratio of 0.23. The stock’s 50 day moving average is $154.07 and its two-hundred day moving average is $145.46. The company has a market capitalization of $28.67 billion, a price-to-earnings ratio of 31.77, a PEG ratio of 4.54 and a beta of 0.98. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $165.35.

Keysight Technologies (NYSE:KEYS) last announced its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.35 by $0.22. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.19 billion. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. Keysight Technologies’s revenue was down 11.9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.04 EPS. Equities analysts forecast that Keysight Technologies, Inc. will post 5.43 earnings per share for the current fiscal year.

Insider Transactions at Keysight Technologies

In other news, Director Richard P. Hamada sold 1,632 shares of the business’s stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total value of $254,592.00. Following the transaction, the director now directly owns 42,160 shares of the company’s stock, valued at $6,576,960. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.60% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have commented on KEYS. Vertical Research began coverage on shares of Keysight Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 target price on the stock. Susquehanna lowered their price target on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a research report on Wednesday, August 21st. Robert W. Baird lowered their price target on Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a research report on Monday, August 19th. Deutsche Bank Aktiengesellschaft raised their price target on Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, August 26th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $180.00 price target on shares of Keysight Technologies in a research report on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $170.89.

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.