Keysight Technologies Inc. (NYSE:KEYS) Shares Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lifted its stake in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 30.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 233,976 shares of the scientific and technical instruments company's stock after purchasing an additional 54,260 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.14% of Keysight Technologies worth $35,043,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of Keysight Technologies by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 20,873,635 shares of the scientific and technical instruments company's stock worth $3,352,932,000 after purchasing an additional 55,223 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of Keysight Technologies by 29.0% during the 4th 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. Kovitz Investment Group Partners LLC grew its holdings in Keysight Technologies by 364.6% in the 4th 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 buying an additional 3,650,953 shares in the last quarter. Geode Capital Management LLC grew its holdings in Keysight Technologies by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 4,417,248 shares of the scientific and technical instruments company's stock worth $708,349,000 after buying an additional 17,213 shares in the last quarter. Finally, Boston Partners grew its holdings in Keysight Technologies by 21.7% in the 4th quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company's stock worth $637,125,000 after buying an additional 704,920 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Price Performance

Shares of KEYS stock traded down $0.68 during mid-day trading on Friday, hitting $164.26. 1,119,031 shares of the stock traded hands, compared to its average volume of 1,103,263. Keysight Technologies Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The firm has a market cap of $28.27 billion, a price-to-earnings ratio of 38.56, a price-to-earnings-growth ratio of 2.24 and a beta of 1.09. The company's 50-day simple moving average is $156.60 and its 200-day simple moving average is $158.94. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.75 and a current ratio of 3.39.

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 the consensus estimate of $1.65 by $0.05. Keysight Technologies had a return on equity of 19.65% and a net margin of 14.50%. The company had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.28 billion. During the same period last year, the firm earned $1.41 EPS. The firm's revenue for the quarter was up 7.4% on a year-over-year basis. As a group, equities research analysts expect that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on KEYS. Wall Street Zen lowered Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. 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. 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. Finally, Bank of America increased their price objective on Keysight Technologies from $165.00 to $170.00 and gave the stock an "underperform" rating in a report on Thursday, May 22nd. One analyst has rated the stock with a sell rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat, Keysight Technologies currently has a consensus rating of "Moderate Buy" and a consensus target price of $183.00.

Insider Activity

In related news, Director Richard P. Hamada sold 1,589 shares of Keysight Technologies stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $162.00, for a total value of $257,418.00. Following the transaction, the director now directly owns 42,160 shares in the company, valued at $6,829,920. The trade was a 3.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Ingrid A. Estrada sold 10,000 shares of Keysight Technologies stock in a transaction 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 owns 108,590 shares in the company, valued at $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. In the last ninety days, insiders have sold 19,615 shares of company stock worth $3,113,460. 0.61% of the stock is owned by company insiders.

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.