Vanguard Group Inc. Has $3.49 Billion Stock Holdings in Keysight Technologies Inc. $KEYS

Vanguard Group Inc. boosted its stake in shares of Keysight Technologies Inc. (NYSE:KEYS) by 1.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,326,774 shares of the scientific and technical instruments company’s stock after purchasing an additional 357,263 shares during the quarter. Vanguard Group Inc. owned about 12.39% of Keysight Technologies worth $3,494,605,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Price T Rowe Associates Inc. MD boosted its holdings 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 buying an additional 2,675,148 shares during the period. Boston Partners lifted its position in Keysight Technologies by 10.3% during the second quarter. Boston Partners now owns 4,704,010 shares of the scientific and technical instruments company’s stock worth $770,453,000 after acquiring an additional 440,593 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Keysight Technologies by 0.9% during the second quarter. Geode Capital Management LLC now owns 4,575,953 shares of the scientific and technical instruments company’s stock worth $747,437,000 after acquiring an additional 40,560 shares during the period. T. Rowe Price Investment Management Inc. grew its position in shares of Keysight Technologies by 1.0% in the first quarter. T. Rowe Price Investment Management Inc. now owns 3,317,700 shares of the scientific and technical instruments company’s stock valued at $496,892,000 after purchasing an additional 33,818 shares during the last quarter. Finally, Invesco Ltd. grew its position in shares of Keysight Technologies by 2.4% in the first quarter. Invesco Ltd. now owns 2,273,896 shares of the scientific and technical instruments company’s stock valued at $340,561,000 after purchasing an additional 53,846 shares during the last quarter. 84.58% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on KEYS shares. Citigroup started coverage on Keysight Technologies in a research note on Friday, November 14th. They issued a “buy” rating and a $215.00 price target for the company. Jefferies Financial Group initiated coverage on Keysight Technologies in a report on Monday, October 27th. They set a “hold” rating and a $180.00 target price for the company. Wall Street Zen cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 1st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Keysight Technologies in a research note on Wednesday. Finally, Bank of America boosted their price objective on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a report on Wednesday, August 20th. Six research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $194.33.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total transaction of $347,960.00. Following the completion of the transaction, the senior vice president directly owned 106,590 shares in the company, valued at $18,544,528.20. The trade was a 1.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.61% of the stock is owned by company insiders.

Keysight Technologies Stock Down 2.9%

KEYS stock opened at $169.63 on Friday. Keysight Technologies Inc. has a 52 week low of $121.43 and a 52 week high of $187.67. The business has a 50-day simple moving average of $173.47 and a 200 day simple moving average of $166.39. 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 cap of $29.15 billion, a PE ratio of 54.02, a price-to-earnings-growth ratio of 2.38 and a beta of 1.22.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 EPS for the quarter, beating the consensus estimate of $1.67 by $0.05. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same period last year, the firm earned $1.57 EPS. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. Sell-side analysts anticipate that Keysight Technologies Inc. will post 6.32 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.