Keysight Technologies, Inc. (NYSE:KEYS) Stake Lessened by Reinhart Partners LLC.

Reinhart Partners LLC. lowered its position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 6.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,704 shares of the scientific and technical instruments company's stock after selling 2,900 shares during the quarter. Reinhart Partners LLC.'s holdings in Keysight Technologies were worth $6,096,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of KEYS. Vanguard Group Inc. grew its holdings in shares of Keysight Technologies by 0.3% during the fourth 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 purchasing an additional 55,223 shares during 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 purchasing an additional 3,621,349 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 purchasing an additional 3,650,953 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Keysight Technologies by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 4,417,248 shares of the scientific and technical instruments company's stock valued at $708,349,000 after purchasing an additional 17,213 shares during the last quarter. Finally, Boston Partners grew its holdings in shares of Keysight Technologies by 21.7% during the fourth quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company's stock valued at $637,125,000 after purchasing an additional 704,920 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Bank of America upped their target price on Keysight Technologies from $165.00 to $170.00 and gave the company an "underperform" rating in a report on Thursday, May 22nd. Wall Street Zen lowered Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Wells Fargo & Company increased their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a report on Wednesday, February 26th. Morgan Stanley increased their price objective on Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a report on Tuesday, May 13th. Finally, JPMorgan Chase & Co. increased their price objective on Keysight Technologies from $172.00 to $177.00 and gave the stock an "overweight" rating in a report on Wednesday, May 21st. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $183.00.

Keysight Technologies Price Performance

NYSE KEYS traded up $2.14 on Friday, reaching $161.97. 671,785 shares of the stock traded hands, compared to its average volume of 1,123,521. The firm's fifty day simple moving average is $148.60 and its 200 day simple moving average is $159.87. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The company has a market cap of $27.88 billion, a price-to-earnings ratio of 46.28, a P/E/G ratio of 2.41 and a beta of 1.09. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings results on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.65 by $0.05. The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.28 billion. Keysight Technologies had a return on equity of 19.22% and a net margin of 12.32%. The firm's quarterly revenue was up 7.4% on a year-over-year basis. During the same period last year, the company posted $1.41 EPS. As a group, research analysts predict that Keysight Technologies, Inc. will post 6.32 EPS for the current fiscal year.

Insider Buying and Selling at Keysight Technologies

In other news, CFO Neil Dougherty sold 3,632 shares of the firm's stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total transaction of $562,960.00. Following the completion of the sale, the chief financial officer now directly owns 115,063 shares of the company's stock, valued at $17,834,765. This trade represents a 3.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Satish Dhanasekaran sold 658 shares of the firm's stock in a transaction on Friday, May 30th. The stock was sold at an average price of $157.78, for a total value of $103,819.24. Following the sale, the chief executive officer now directly owns 115,576 shares of the company's stock, valued at approximately $18,235,581.28. This represents a 0.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,247 shares of company stock valued at $2,086,720. 0.61% of the stock is owned by corporate insiders.

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.