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

Gilliland Jeter Wealth Management LLC trimmed its position in shares of Keysight Technologies Inc. (NYSE:KEYS) by 18.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 4,790 shares of the scientific and technical instruments company’s stock after selling 1,067 shares during the quarter. Gilliland Jeter Wealth Management LLC’s holdings in Keysight Technologies were worth $785,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Summit Financial LLC lifted its position in shares of Keysight Technologies by 2.2% during 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 lifted 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 acquiring an additional 75 shares in the last quarter. Principal Securities Inc. lifted 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 acquiring an additional 76 shares in the last quarter. NorthCrest Asset Manangement LLC raised its position in shares of Keysight Technologies by 2.4% in 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 buying an additional 80 shares in the last quarter. Finally, IFP Advisors Inc raised its position in shares of Keysight Technologies by 49.1% in the second quarter. IFP Advisors Inc now owns 246 shares of the scientific and technical instruments company’s stock worth $40,000 after buying an additional 81 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Analyst Ratings Changes

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

Keysight Technologies Trading Down 0.6%

NYSE KEYS opened at $171.15 on Friday. The stock’s 50-day simple moving average is $168.37 and its two-hundred day simple moving average is $159.54. Keysight Technologies Inc. has a twelve month low of $121.43 and a twelve month high of $186.20. 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 company has a market capitalization of $29.41 billion, a price-to-earnings ratio of 54.51, a PEG ratio of 2.40 and a beta of 1.18.

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

Insiders Place Their Bets

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total transaction of $347,960.00. Following the sale, the senior vice president owned 106,590 shares in the company, valued at $18,544,528.20. This trade represents a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.61% of the stock is owned by insiders.

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.