Savant Capital LLC Makes New Investment in Keysight Technologies, Inc. (NYSE:KEYS)

Savant Capital LLC acquired a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,752 shares of the scientific and technical instruments company’s stock, valued at approximately $438,000.

Several other large investors have also modified their holdings of KEYS. Jennison Associates LLC purchased a new stake in shares of Keysight Technologies during the fourth quarter valued at $395,789,000. Van ECK Associates Corp lifted its stake in Keysight Technologies by 105.5% during the fourth quarter. Van ECK Associates Corp now owns 2,383,143 shares of the scientific and technical instruments company’s stock valued at $379,134,000 after buying an additional 1,223,694 shares in the last quarter. EP Wealth Advisors LLC boosted its holdings in shares of Keysight Technologies by 14,134.3% in the third quarter. EP Wealth Advisors LLC now owns 314,720 shares of the scientific and technical instruments company’s stock worth $41,641,000 after buying an additional 312,509 shares during the period. Findlay Park Partners LLP increased its position in shares of Keysight Technologies by 35.8% in the third quarter. Findlay Park Partners LLP now owns 1,127,071 shares of the scientific and technical instruments company’s stock worth $149,123,000 after acquiring an additional 297,147 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Keysight Technologies by 16.6% during the third quarter. Invesco Ltd. now owns 1,732,321 shares of the scientific and technical instruments company’s stock valued at $229,203,000 after acquiring an additional 247,250 shares during the period. 84.58% of the stock is owned by institutional investors.

Keysight Technologies Trading Up 1.5 %

NYSE:KEYS opened at $149.18 on Monday. The company has a market capitalization of $26.04 billion, a P/E ratio of 27.37, a P/E/G ratio of 6.76 and a beta of 1.06. The stock’s 50 day moving average price is $152.59 and its 200 day moving average price is $147.51. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.44 and a current ratio of 1.93. Keysight Technologies, Inc. has a 52 week low of $118.57 and a 52 week high of $172.72.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 EPS for the quarter, topping the consensus estimate of $1.59 by $0.04. Keysight Technologies had a net margin of 18.14% and a return on equity of 26.84%. The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same quarter in the prior year, the business posted $1.72 EPS. Keysight Technologies’s quarterly revenue was down 8.8% on a year-over-year basis. On average, research analysts forecast that Keysight Technologies, Inc. will post 5.4 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on KEYS shares. Barclays lifted their price objective on shares of Keysight Technologies from $134.00 to $141.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 21st. JPMorgan Chase & Co. downgraded Keysight Technologies from an “overweight” rating to a “neutral” rating and reduced their price objective for the stock from $184.00 to $170.00 in a research note on Thursday, February 15th. Finally, Citigroup lifted their target price on Keysight Technologies from $157.00 to $168.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. One analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Keysight Technologies presently has a consensus rating of “Hold” and a consensus price target of $160.63.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Kailash Narayanan sold 4,300 shares of the company’s stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total transaction of $657,384.00. Following the completion of the sale, the senior vice president now owns 29,156 shares in the company, valued at approximately $4,457,369.28. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.60% of the company’s stock.

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.