The Manufacturers Life Insurance Company raised its stake in Keysight Technologies Inc (NYSE:KEYS) by 11.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 205,696 shares of the scientific and technical instruments company’s stock after purchasing an additional 20,390 shares during the quarter. The Manufacturers Life Insurance Company owned 0.11% of Keysight Technologies worth $17,213,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Asset Management One Co. Ltd. boosted its stake in shares of Keysight Technologies by 4.1% in the fourth quarter. Asset Management One Co. Ltd. now owns 116,739 shares of the scientific and technical instruments company’s stock valued at $11,981,000 after buying an additional 4,587 shares in the last quarter. Handelsbanken Fonder AB boosted its position in Keysight Technologies by 16.5% during the fourth quarter. Handelsbanken Fonder AB now owns 165,500 shares of the scientific and technical instruments company’s stock worth $16,985,000 after purchasing an additional 23,500 shares in the last quarter. Vestcor Investment Management Corp purchased a new stake in Keysight Technologies during the fourth quarter worth $334,000. Swiss National Bank boosted its position in Keysight Technologies by 22.9% during the first quarter. Swiss National Bank now owns 727,826 shares of the scientific and technical instruments company’s stock worth $60,904,000 after purchasing an additional 135,700 shares in the last quarter. Finally, Two Sigma Advisers LP purchased a new stake in Keysight Technologies during the first quarter worth $3,155,000. Hedge funds and other institutional investors own 86.85% of the company’s stock.

In related news, SVP Mark Adam Wallace sold 3,429 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $106.81, for a total value of $366,251.49. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard P. Hamada sold 2,438 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $102.00, for a total value of $248,676.00. Following the completion of the transaction, the director now directly owns 42,160 shares of the company’s stock, valued at approximately $4,300,320. The disclosure for this sale can be found here. Insiders sold 85,241 shares of company stock valued at $8,968,247 in the last ninety days. Company insiders own 0.42% of the company’s stock.

A number of equities analysts have recently weighed in on the company. Credit Suisse Group reissued a “buy” rating and issued a $125.00 price target on shares of Keysight Technologies in a report on Tuesday, May 26th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $112.00 to $127.00 in a report on Monday, June 1st. ValuEngine raised Keysight Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, March 3rd. Citigroup reissued a “buy” rating and issued a $125.00 price target on shares of Keysight Technologies in a report on Wednesday, March 4th. Finally, Bank of America cut their price target on Keysight Technologies from $105.00 to $102.00 and set a “neutral” rating for the company in a report on Monday, May 18th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $114.80.

Keysight Technologies stock opened at $98.13 on Tuesday. The firm has a market capitalization of $18.25 billion, a P/E ratio of 31.86, a PEG ratio of 3.28 and a beta of 1.12. The stock has a fifty day moving average price of $101.68 and a 200 day moving average price of $97.55. Keysight Technologies Inc has a 52 week low of $77.93 and a 52 week high of $110.00. The company has a current ratio of 3.47, a quick ratio of 2.67 and a debt-to-equity ratio of 0.62.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Tuesday, May 26th. The scientific and technical instruments company reported $0.78 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.93 by ($0.15). Keysight Technologies had a net margin of 14.01% and a return on equity of 26.33%. The firm had revenue of $892.00 million for the quarter, compared to analysts’ expectations of $1.03 billion. During the same period last year, the firm posted $1.22 EPS. Keysight Technologies’s revenue was down 18.4% on a year-over-year basis. As a group, equities analysts predict that Keysight Technologies Inc will post 3.8 EPS for the current year.

Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, and electronic industries in the Americas and the Asia Pacific. Its Communications Solutions Group segment provides radio frequency and microwave test instruments, and electronic design automation software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and optical laser source solutions, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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