Bessemer Group Inc. Boosts Stock Position in Keysight Technologies Inc. (NYSE:KEYS)

Bessemer Group Inc. boosted its position in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 1.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,440,773 shares of the scientific and technical instruments company's stock after purchasing an additional 23,336 shares during the quarter. Bessemer Group Inc. owned about 0.83% of Keysight Technologies worth $215,785,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in KEYS. Central Pacific Bank Trust Division grew its position in Keysight Technologies by 97.8% in the first quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company's stock worth $27,000 after acquiring an additional 90 shares in the last quarter. Venturi Wealth Management LLC lifted its stake in Keysight Technologies by 100.8% during the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company's stock worth $43,000 after purchasing an additional 133 shares during the last quarter. Sunbelt Securities Inc. lifted its stake in Keysight Technologies by 241.8% during the fourth quarter. Sunbelt Securities Inc. now owns 270 shares of the scientific and technical instruments company's stock worth $44,000 after purchasing an additional 191 shares during the last quarter. Quarry LP boosted its holdings in shares of Keysight Technologies by 188.1% in the 4th quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company's stock worth $70,000 after purchasing an additional 284 shares in the last quarter. Finally, ORG Wealth Partners LLC bought a new position in shares of Keysight Technologies during the 1st quarter valued at about $73,000. Hedge funds and other institutional investors own 84.58% of the company's stock.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 10,000 shares of the business's stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $158.97, for a total value of $1,589,700.00. Following the completion of the transaction, the senior vice president now directly owns 108,590 shares of the company's stock, valued at approximately $17,262,552.30. The trade was a 8.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Satish Dhanasekaran sold 658 shares of the firm's stock in a transaction on Friday, May 30th. The shares were sold at an average price of $157.78, for a total transaction of $103,819.24. Following the sale, the chief executive officer now owns 115,576 shares in the company, valued at approximately $18,235,581.28. This represents a 0.57% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 19,615 shares of company stock valued at $3,113,460. Insiders own 0.61% of the company's stock.

Keysight Technologies Trading Down 0.4%

KEYS traded down $0.68 during trading hours on Friday, reaching $164.26. 1,119,031 shares of the company's stock traded hands, compared to its average volume of 1,112,537. Keysight Technologies Inc. has a 52-week low of $119.72 and a 52-week high of $186.20. The firm has a market capitalization of $28.27 billion, a PE ratio of 38.56, a PEG ratio of 2.25 and a beta of 1.09. The firm has a 50-day moving average price of $156.60 and a 200 day moving average price of $159.00. The company has a quick ratio of 2.75, a current ratio of 3.39 and a debt-to-equity ratio of 0.46.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its quarterly earnings results on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 EPS for the quarter, beating the consensus estimate of $1.65 by $0.05. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.28 billion. Keysight Technologies had a return on equity of 19.65% and a net margin of 14.50%. The business's revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.41 earnings per share. As a group, sell-side analysts predict that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

KEYS has been the subject of several recent research reports. Wall Street Zen downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. JPMorgan Chase & Co. boosted their price objective on shares of Keysight Technologies from $172.00 to $177.00 and gave the company an "overweight" rating in a research report on Wednesday, May 21st. Bank of America increased their target price on Keysight Technologies from $165.00 to $170.00 and gave the stock an "underperform" rating in a research report on Thursday, May 22nd. Finally, Morgan Stanley increased their price target on shares of Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a research note on Tuesday, May 13th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $183.00.

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.