Keysight Technologies Inc. (NYSE:KEYS) Holdings Raised by Summit Trail Advisors LLC

Summit Trail Advisors LLC increased its position in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 140.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,467 shares of the scientific and technical instruments company's stock after buying an additional 3,196 shares during the quarter. Summit Trail Advisors LLC's holdings in Keysight Technologies were worth $819,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of KEYS. EverSource Wealth Advisors LLC raised its position in Keysight Technologies by 3.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company's stock worth $314,000 after buying an additional 61 shares during the last quarter. Signaturefd LLC grew its holdings in shares of Keysight Technologies by 2.8% in the 4th quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company's stock worth $387,000 after acquiring an additional 66 shares during the period. Citizens Financial Group Inc. RI increased its position in shares of Keysight Technologies by 5.1% in the fourth quarter. Citizens Financial Group Inc. RI now owns 1,629 shares of the scientific and technical instruments company's stock valued at $262,000 after buying an additional 79 shares in the last quarter. Pinnacle Bancorp Inc. raised its position in Keysight Technologies by 14.2% during the first quarter. Pinnacle Bancorp Inc. now owns 669 shares of the scientific and technical instruments company's stock worth $100,000 after acquiring an additional 83 shares during the last quarter. Finally, Integrated Advisors Network LLC increased its position in Keysight Technologies by 4.8% during the first quarter. Integrated Advisors Network LLC now owns 1,847 shares of the scientific and technical instruments company's stock worth $277,000 after buying an additional 85 shares in the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Insider Buying and Selling at Keysight Technologies

In other news, CEO Satish Dhanasekaran sold 658 shares of the stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $157.78, for a total transaction of $103,819.24. Following the completion of the transaction, the chief executive officer directly owned 115,576 shares in the company, valued at approximately $18,235,581.28. This represents a 0.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Ingrid A. Estrada sold 10,000 shares of the firm's stock in a transaction on 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 transaction, the senior vice president directly owned 108,590 shares of the company's stock, valued at approximately $17,262,552.30. This represents a 8.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 31,830 shares of company stock worth $5,124,049. Insiders own 0.61% of the company's stock.

Keysight Technologies Trading Up 0.7%

Shares of KEYS traded up $1.16 during mid-day trading on Wednesday, hitting $165.63. The company had a trading volume of 695,697 shares, compared to its average volume of 1,102,025. The stock has a market cap of $28.51 billion, a PE ratio of 38.88, a P/E/G ratio of 2.23 and a beta of 1.09. The company has a quick ratio of 2.75, a current ratio of 3.39 and a debt-to-equity ratio of 0.46. The business's 50-day simple moving average is $157.83 and its 200-day simple moving average is $158.90. Keysight Technologies Inc. has a 1-year low of $119.72 and a 1-year high of $186.20.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted 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 the consensus estimate of $1.28 billion. Keysight Technologies had a return on equity of 19.65% and a net margin of 14.50%. The firm's quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.41 earnings per share. Sell-side analysts forecast that Keysight Technologies Inc. will post 6.32 earnings per share 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.