Asset Management One Co. Ltd. lifted its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 5.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 84,905 shares of the scientific and technical instruments company’s stock after purchasing an additional 4,336 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Keysight Technologies were worth $13,913,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of Keysight Technologies by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 20,969,511 shares of the scientific and technical instruments company’s stock worth $3,140,604,000 after purchasing an additional 95,876 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Keysight Technologies by 16.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 18,790,100 shares of the scientific and technical instruments company’s stock worth $2,814,195,000 after purchasing an additional 2,675,148 shares during the last quarter. Boston Partners increased its stake in shares of Keysight Technologies by 7.7% during the 1st quarter. Boston Partners now owns 4,263,417 shares of the scientific and technical instruments company’s stock worth $636,854,000 after purchasing an additional 305,143 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its stake in shares of Keysight Technologies by 1.0% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,317,700 shares of the scientific and technical instruments company’s stock worth $496,892,000 after purchasing an additional 33,818 shares during the last quarter. Finally, Invesco Ltd. increased its stake in shares of Keysight Technologies by 2.4% during the 1st quarter. Invesco Ltd. now owns 2,273,896 shares of the scientific and technical instruments company’s stock worth $340,561,000 after purchasing an additional 53,846 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.
Keysight Technologies Stock Performance
NYSE KEYS opened at $169.49 on Monday. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94. The firm has a market capitalization of $29.13 billion, a price-to-earnings ratio of 53.98, a P/E/G ratio of 2.36 and a beta of 1.18. The company’s fifty day moving average is $168.71 and its two-hundred day moving average is $161.42. Keysight Technologies Inc. has a 52-week low of $121.43 and a 52-week high of $186.20.
Wall Street Analysts Forecast Growth
KEYS has been the topic of several analyst reports. Wall Street Zen upgraded shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 18th. JPMorgan Chase & Co. raised their target price on shares of Keysight Technologies from $177.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Barclays lowered their target price on shares of Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 20th. Morgan Stanley reiterated an “equal weight” rating and issued a $180.00 target price on shares of Keysight Technologies in a research note on Friday, October 10th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Keysight Technologies in a research note on Saturday. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $187.38.
Read Our Latest Research Report on Keysight Technologies
Insider Transactions at Keysight Technologies
In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total value of $347,960.00. Following the sale, the senior vice president directly owned 106,590 shares in the company, valued at $18,544,528.20. This trade represents a 1.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.61% of the stock is owned by corporate insiders.
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.
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