Keysight Technologies (NYSE:KEYS) Raised to Strong-Buy at StockNews.com

Keysight Technologies (NYSE:KEYS) was upgraded by investment analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Monday.

A number of other brokerages have also recently issued reports on KEYS. Morgan Stanley upped their target price on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Wells Fargo & Company upped their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. Robert W. Baird upped their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft upped their target price on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Finally, Barclays boosted their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $184.44.

Keysight Technologies Price Performance

Shares of KEYS stock traded down $3.68 on Monday, reaching $155.85. The company had a trading volume of 1,231,461 shares, compared to its average volume of 1,062,454. The stock has a market capitalization of $26.95 billion, a PE ratio of 44.53, a price-to-earnings-growth ratio of 2.41 and a beta of 1.02. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. Keysight Technologies has a one year low of $119.72 and a one year high of $186.20. The business’s 50-day moving average is $169.84 and its 200 day moving average is $161.65.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Jeffrey K. Li sold 4,412 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total value of $758,511.04. Following the transaction, the senior vice president now directly owns 30,637 shares of the company’s stock, valued at approximately $5,267,113.04. The trade was a 12.59 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the transaction, the senior vice president now directly owns 85,829 shares in the company, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.61% of the company’s stock.

Institutional Trading of Keysight Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Keysight Technologies by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 20,873,635 shares of the scientific and technical instruments company’s stock valued at $3,352,932,000 after buying an additional 55,223 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Keysight Technologies by 29.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,114,952 shares of the scientific and technical instruments company’s stock valued at $2,588,546,000 after buying an additional 3,621,349 shares during the last quarter. State Street Corp grew its holdings in shares of Keysight Technologies by 2.5% during the third quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock valued at $1,248,773,000 after buying an additional 194,294 shares during the last quarter. Kovitz Investment Group Partners LLC grew its holdings in shares of Keysight Technologies by 364.6% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company’s stock valued at $747,301,000 after buying an additional 3,650,953 shares during the last quarter. Finally, Swedbank AB grew its holdings in shares of Keysight Technologies by 7.1% during the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock valued at $702,671,000 after buying an additional 292,372 shares during the last quarter. 84.58% of the stock is owned by institutional investors.

Keysight Technologies Company 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.