Vanguard Group Inc. Reduces Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Vanguard Group Inc. lowered its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 0.7% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,509,270 shares of the scientific and technical instruments company’s stock after selling 135,716 shares during the quarter. Vanguard Group Inc. owned approximately 11.75% of Keysight Technologies worth $3,207,240,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in KEYS. Brown Shipley& Co Ltd lifted its position in Keysight Technologies by 1.0% during the fourth quarter. Brown Shipley& Co Ltd now owns 6,452 shares of the scientific and technical instruments company’s stock valued at $1,026,000 after purchasing an additional 67 shares in the last quarter. Park Avenue Securities LLC grew its stake in shares of Keysight Technologies by 0.9% during the 1st quarter. Park Avenue Securities LLC now owns 7,830 shares of the scientific and technical instruments company’s stock valued at $1,224,000 after acquiring an additional 71 shares during the period. Trust Investment Advisors increased its holdings in Keysight Technologies by 1.8% in the 4th quarter. Trust Investment Advisors now owns 4,172 shares of the scientific and technical instruments company’s stock worth $664,000 after acquiring an additional 75 shares in the last quarter. Venturi Wealth Management LLC raised its stake in Keysight Technologies by 28.0% during the 1st quarter. Venturi Wealth Management LLC now owns 343 shares of the scientific and technical instruments company’s stock worth $54,000 after acquiring an additional 75 shares during the period. Finally, Ferguson Wellman Capital Management Inc. lifted its holdings in Keysight Technologies by 0.6% during the first quarter. Ferguson Wellman Capital Management Inc. now owns 12,627 shares of the scientific and technical instruments company’s stock valued at $1,975,000 after purchasing an additional 77 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.

Wall Street Analyst Weigh In

KEYS has been the subject of a number of analyst reports. Barclays increased their price objective on shares of Keysight Technologies from $141.00 to $151.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 21st. Robert W. Baird raised their price target on Keysight Technologies from $155.00 to $167.00 and gave the company an “outperform” rating in a report on Tuesday, May 21st. Finally, Susquehanna dropped their price objective on Keysight Technologies from $208.00 to $195.00 and set a “positive” rating for the company in a research note on Tuesday, May 21st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $166.33.

Insiders Place Their Bets

In other Keysight Technologies news, Director Kevin A. Stephens bought 460 shares of the firm’s stock in a transaction dated Tuesday, May 28th. The shares were purchased at an average cost of $143.35 per share, for a total transaction of $65,941.00. Following the transaction, the director now owns 7,681 shares of the company’s stock, valued at $1,101,071.35. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Keysight Technologies news, VP Lisa M. Poole sold 440 shares of Keysight Technologies stock in a transaction on Monday, June 17th. The shares were sold at an average price of $136.45, for a total transaction of $60,038.00. Following the completion of the transaction, the vice president now directly owns 3,913 shares of the company’s stock, valued at $533,928.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kevin A. Stephens bought 460 shares of Keysight Technologies stock in a transaction dated Tuesday, May 28th. The stock was purchased at an average cost of $143.35 per share, for a total transaction of $65,941.00. Following the purchase, the director now owns 7,681 shares of the company’s stock, valued at approximately $1,101,071.35. The disclosure for this purchase can be found here. Corporate insiders own 0.60% of the company’s stock.

Keysight Technologies Price Performance

Shares of NYSE:KEYS traded down $3.75 during mid-day trading on Friday, reaching $137.40. The stock had a trading volume of 1,105,662 shares, compared to its average volume of 1,146,229. The business’s 50 day moving average price is $140.76 and its 200 day moving average price is $148.72. Keysight Technologies, Inc. has a 1 year low of $118.57 and a 1 year high of $171.40. The company has a market cap of $23.98 billion, a P/E ratio of 29.93, a price-to-earnings-growth ratio of 4.74 and a beta of 0.95. The company has a current ratio of 1.99, a quick ratio of 1.48 and a debt-to-equity ratio of 0.24.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Monday, May 20th. The scientific and technical instruments company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.01. Keysight Technologies had a return on equity of 23.79% and a net margin of 15.70%. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Research analysts expect that Keysight Technologies, Inc. will post 5.25 EPS for the current fiscal year.

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.