Nichols & Pratt Advisers LLP MA Acquires 2,505 Shares of Keysight Technologies Inc. (NYSE:KEYS)

Nichols & Pratt Advisers LLP MA raised its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 34.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,880 shares of the scientific and technical instruments company's stock after acquiring an additional 2,505 shares during the quarter. Nichols & Pratt Advisers LLP MA's holdings in Keysight Technologies were worth $1,480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of KEYS. Kovitz Investment Group Partners LLC increased its holdings in shares of Keysight Technologies by 364.6% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company's stock worth $747,301,000 after purchasing an additional 3,650,953 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in shares of Keysight Technologies by 29.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,114,952 shares of the scientific and technical instruments company's stock worth $2,588,546,000 after purchasing an additional 3,621,349 shares during the period. Norges Bank bought a new position in shares of Keysight Technologies in the fourth quarter worth $320,707,000. Point72 Asset Management L.P. increased its holdings in shares of Keysight Technologies by 343.6% in the fourth quarter. Point72 Asset Management L.P. now owns 1,008,192 shares of the scientific and technical instruments company's stock worth $161,946,000 after purchasing an additional 780,893 shares during the period. Finally, GAMMA Investing LLC increased its holdings in shares of Keysight Technologies by 36,268.6% in the first quarter. GAMMA Investing LLC now owns 750,647 shares of the scientific and technical instruments company's stock worth $112,424,000 after purchasing an additional 748,583 shares during the period. Institutional investors own 84.58% of the company's stock.

Insider Activity at Keysight Technologies

In other news, Director Richard P. Hamada sold 1,589 shares of the stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $162.00, for a total transaction of $257,418.00. Following the completion of the sale, the director directly owned 42,160 shares in the company, valued at approximately $6,829,920. This represents a 3.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Ingrid A. Estrada sold 10,000 shares of the stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $158.97, for a total transaction of $1,589,700.00. Following the completion of the transaction, the senior vice president directly owned 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 disclosure for this sale can be found here. Insiders sold a total of 31,830 shares of company stock valued at $5,124,049 in the last quarter. 0.61% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Wall Street Zen cut shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Morgan Stanley upped their target price on shares of Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 13th. Bank of America upped their target price on shares of Keysight Technologies from $165.00 to $170.00 and gave the stock an "underperform" rating in a research report on Thursday, May 22nd. Finally, JPMorgan Chase & Co. upped their target price on shares of Keysight Technologies from $172.00 to $177.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 21st. One investment analyst has rated the stock with a sell rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $183.00.

Keysight Technologies Stock Performance

NYSE KEYS opened at $158.39 on Friday. The company has a 50-day simple moving average of $158.68 and a two-hundred day simple moving average of $158.86. 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 Inc. has a 12-month low of $119.72 and a 12-month high of $186.20. The firm has a market cap of $27.26 billion, a price-to-earnings ratio of 37.18, a PEG ratio of 2.25 and a beta of 1.09.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its earnings results on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 earnings per share for the quarter, topping analysts' consensus estimates of $1.65 by $0.05. The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.28 billion. Keysight Technologies had a net margin of 14.50% and a return on equity of 19.65%. Keysight Technologies's revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.41 earnings per share. On average, equities analysts forecast that Keysight Technologies Inc. will post 6.32 EPS for the current 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.

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