Outlook Wealth Advisors LLC Boosts Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Outlook Wealth Advisors LLC increased its position in Keysight Technologies, Inc. (NYSE:KEYS) by 32.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,813 shares of the scientific and technical instruments company’s stock after purchasing an additional 439 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in Keysight Technologies were worth $284,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Rise Advisors LLC acquired a new stake in Keysight Technologies during the 1st quarter valued at approximately $25,000. Ancora Advisors LLC purchased a new position in shares of Keysight Technologies during the 3rd quarter valued at approximately $25,000. OFI Invest Asset Management acquired a new stake in shares of Keysight Technologies during the third quarter worth approximately $26,000. Venturi Wealth Management LLC increased its stake in shares of Keysight Technologies by 145.9% in the fourth quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock worth $43,000 after buying an additional 159 shares during the last quarter. Finally, EdgeRock Capital LLC acquired a new stake in Keysight Technologies in the fourth quarter valued at $46,000. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, SVP Kailash Narayanan sold 4,300 shares of the business’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total transaction of $657,384.00. Following the completion of the transaction, the senior vice president now owns 29,156 shares in the company, valued at approximately $4,457,369.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.60% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on KEYS. Citigroup raised their price objective on shares of Keysight Technologies from $157.00 to $168.00 and gave the stock a “buy” rating in a report on Wednesday, February 21st. Barclays boosted their price objective on Keysight Technologies from $134.00 to $141.00 and gave the company an “equal weight” rating in a report on Wednesday, February 21st. Finally, JPMorgan Chase & Co. downgraded Keysight Technologies from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $184.00 to $170.00 in a report on Thursday, February 15th. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $160.63.

Keysight Technologies Stock Performance

KEYS traded up $1.12 during trading on Friday, reaching $148.55. 893,758 shares of the company were exchanged, compared to its average volume of 1,148,857. Keysight Technologies, Inc. has a 52 week low of $118.57 and a 52 week high of $172.72. The company has a current ratio of 1.93, a quick ratio of 1.44 and a debt-to-equity ratio of 0.25. The firm has a 50 day moving average of $152.86 and a 200 day moving average of $146.66. The stock has a market cap of $25.93 billion, a P/E ratio of 27.26, a PEG ratio of 6.68 and a beta of 1.05.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 EPS for the quarter, topping the consensus estimate of $1.59 by $0.04. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.25 billion. Keysight Technologies had a net margin of 18.14% and a return on equity of 26.84%. The company’s quarterly revenue was down 8.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.72 earnings per share. On average, sell-side analysts forecast that Keysight Technologies, Inc. will post 5.4 EPS for the current fiscal 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.