Gilliland Jeter Wealth Management LLC Sells 1,067 Shares of Keysight Technologies Inc. $KEYS

by · The Cerbat Gem

Gilliland Jeter Wealth Management LLC lowered its position in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 18.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,790 shares of the scientific and technical instruments company’s stock after selling 1,067 shares during the period. Gilliland Jeter Wealth Management LLC’s holdings in Keysight Technologies were worth $785,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Summit Financial LLC boosted its holdings in Keysight Technologies by 2.2% in the first quarter. Summit Financial LLC now owns 3,468 shares of the scientific and technical instruments company’s stock worth $519,000 after acquiring an additional 73 shares in the last quarter. Private Trust Co. NA raised its position in shares of Keysight Technologies by 39.9% during the first quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company’s stock worth $39,000 after purchasing an additional 75 shares during the period. Principal Securities Inc. raised its position in shares of Keysight Technologies by 9.1% during the first quarter. Principal Securities Inc. now owns 910 shares of the scientific and technical instruments company’s stock worth $146,000 after purchasing an additional 76 shares during the period. NorthCrest Asset Manangement LLC raised its position in shares of Keysight Technologies by 2.4% during the second quarter. NorthCrest Asset Manangement LLC now owns 3,466 shares of the scientific and technical instruments company’s stock worth $579,000 after purchasing an additional 80 shares during the period. Finally, IFP Advisors Inc raised its position in shares of Keysight Technologies by 49.1% during the second quarter. IFP Advisors Inc now owns 246 shares of the scientific and technical instruments company’s stock worth $40,000 after purchasing an additional 81 shares during the period. Institutional investors own 84.58% of the company’s stock.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total transaction of $347,960.00. Following the completion of the transaction, the senior vice president directly owned 106,590 shares of the company’s stock, valued at approximately $18,544,528.20. This represents a 1.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.61% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on KEYS. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Keysight Technologies in a research report on Wednesday. JPMorgan Chase & Co. upped their target price on Keysight Technologies from $177.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Barclays lowered their price objective on Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a research note on Wednesday, August 20th. Wall Street Zen downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 20th. Finally, Bank of America increased their price objective on Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 20th. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Keysight Technologies has a consensus rating of “Moderate Buy” and an average price target of $187.38.

Check Out Our Latest Stock Report on KEYS

Keysight Technologies Stock Performance

KEYS stock opened at $171.15 on Friday. The firm has a market cap of $29.41 billion, a PE ratio of 54.51, a P/E/G ratio of 2.40 and a beta of 1.18. The company has a quick ratio of 2.94, a current ratio of 3.59 and a debt-to-equity ratio of 0.45. The business has a 50 day moving average of $168.37 and a 200-day moving average of $159.54. Keysight Technologies Inc. has a 12-month low of $121.43 and a 12-month high of $186.20.

Keysight Technologies (NYSE:KEYS – Get Free Report) last released its earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.05. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.Keysight Technologies’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.57 earnings per share. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. As a group, sell-side analysts expect that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

Keysight Technologies Profile

(Free Report)

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.

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