Keysight Technologies (NYSE:KEYS) Price Target Raised to $180.00

Keysight Technologies (NYSE:KEYS - Free Report) had its price target lifted by Morgan Stanley from $156.00 to $180.00 in a report published on Tuesday, Marketbeat.com reports. Morgan Stanley currently has an overweight rating on the scientific and technical instruments company's stock.

Other equities research analysts have also recently issued reports about the stock. JPMorgan Chase & Co. decreased their price objective on shares of Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Wells Fargo & Company lifted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 26th. StockNews.com cut shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Finally, Robert W. Baird lifted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research report on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $181.33.

Keysight Technologies Stock Up 0.4%

KEYS stock traded up $0.71 during midday trading on Tuesday, hitting $165.49. The company's stock had a trading volume of 801,986 shares, compared to its average volume of 1,147,978. The firm has a market capitalization of $28.60 billion, a P/E ratio of 47.28, a PEG ratio of 2.41 and a beta of 1.10. The firm has a 50-day simple moving average of $146.46 and a 200-day simple moving average of $159.46. Keysight Technologies has a 52-week low of $119.72 and a 52-week high of $186.20. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Insider Activity at Keysight Technologies

In other news, CFO Neil Dougherty sold 3,632 shares of the company's stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value 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 approximately $17,834,765. This represents a 3.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.61% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Keysight Technologies

Institutional investors and hedge funds have recently made changes to their positions in the business. Sequoia Financial Advisors LLC raised its holdings in shares of Keysight Technologies by 8.9% in the fourth quarter. Sequoia Financial Advisors LLC now owns 27,694 shares of the scientific and technical instruments company's stock valued at $4,448,000 after buying an additional 2,260 shares during the last quarter. Geode Capital Management LLC raised its holdings in 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 worth $708,349,000 after purchasing an additional 17,213 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in Keysight Technologies by 3.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 55,379 shares of the scientific and technical instruments company's stock worth $8,896,000 after purchasing an additional 1,755 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Keysight Technologies by 26.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company's stock worth $3,018,000 after purchasing an additional 3,857 shares in the last quarter. Finally, Portfolio Design Labs LLC raised its holdings in Keysight Technologies by 17.7% during the fourth quarter. Portfolio Design Labs LLC now owns 15,554 shares of the scientific and technical instruments company's stock worth $2,498,000 after purchasing an additional 2,336 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

About Keysight Technologies

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.