Toronto Dominion Bank Has $14.91 Million Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Toronto Dominion Bank increased its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 0.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 92,842 shares of the scientific and technical instruments company’s stock after acquiring an additional 225 shares during the quarter. Toronto Dominion Bank owned 0.05% of Keysight Technologies worth $14,913,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC increased its stake in Keysight Technologies by 100.8% in the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after buying an additional 133 shares during the period. Sunbelt Securities Inc. increased its stake in Keysight Technologies by 241.8% in the 4th quarter. Sunbelt Securities Inc. now owns 270 shares of the scientific and technical instruments company’s stock valued at $44,000 after buying an additional 191 shares during the period. Quarry LP increased its stake in Keysight Technologies by 188.1% in the 4th quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company’s stock valued at $70,000 after buying an additional 284 shares during the period. Huntington National Bank increased its stake in Keysight Technologies by 37.4% in the 4th quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company’s stock valued at $127,000 after buying an additional 216 shares during the period. Finally, Principal Securities Inc. increased its stake in Keysight Technologies by 45.0% in the 4th quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company’s stock valued at $134,000 after buying an additional 259 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $162.25 on Wednesday. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The firm’s fifty day simple moving average is $147.76 and its 200 day simple moving average is $159.68. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $28.04 billion, a PE ratio of 46.36, a PEG ratio of 2.41 and a beta of 1.10.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.05. Keysight Technologies had a net margin of 12.32% and a return on equity of 19.22%. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period last year, the business posted $1.41 EPS. Keysight Technologies’s revenue was up 7.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Keysight Technologies, Inc. will post 6.32 EPS for the current year.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value of $562,960.00. Following the completion of the sale, the chief financial officer now directly owns 115,063 shares of the company’s stock, valued at $17,834,765. This represents a 3.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Richard P. Hamada sold 1,589 shares of the stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $162.00, for a total transaction of $257,418.00. Following the completion of the sale, the director now directly owns 42,160 shares of the company’s stock, valued at approximately $6,829,920. This trade represents a 3.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.61% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Bank of America upped their price objective on shares of Keysight Technologies from $165.00 to $170.00 and gave the company an “underperform” rating in a research note on Thursday, May 22nd. Robert W. Baird increased their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, February 27th. Morgan Stanley increased their price target on shares of Keysight Technologies from $156.00 to $180.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 13th. JPMorgan Chase & Co. increased their price target on shares of Keysight Technologies from $172.00 to $177.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 21st. Finally, Wells Fargo & Company increased their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $183.00.

Keysight Technologies Company 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.