Royal London Asset Management Ltd. Has $11.07 Million Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Royal London Asset Management Ltd. raised its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,567 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,202 shares during the period. Royal London Asset Management Ltd.’s holdings in Keysight Technologies were worth $11,067,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Goldman Sachs Group Inc. increased its holdings in shares of Keysight Technologies by 2.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,019,742 shares of the scientific and technical instruments company’s stock worth $162,231,000 after purchasing an additional 26,336 shares during the period. EP Wealth Advisors LLC increased its stake in Keysight Technologies by 3.9% during the fourth quarter. EP Wealth Advisors LLC now owns 327,095 shares of the scientific and technical instruments company’s stock valued at $52,038,000 after acquiring an additional 12,375 shares during the period. Syon Capital LLC raised its holdings in Keysight Technologies by 27.4% in the 4th quarter. Syon Capital LLC now owns 2,152 shares of the scientific and technical instruments company’s stock valued at $342,000 after acquiring an additional 463 shares in the last quarter. Speece Thorson Capital Group Inc. lifted its position in shares of Keysight Technologies by 1.6% in the 4th quarter. Speece Thorson Capital Group Inc. now owns 81,636 shares of the scientific and technical instruments company’s stock worth $12,987,000 after acquiring an additional 1,251 shares during the period. Finally, V Square Quantitative Management LLC grew its holdings in shares of Keysight Technologies by 29.8% during the 4th quarter. V Square Quantitative Management LLC now owns 3,454 shares of the scientific and technical instruments company’s stock worth $549,000 after purchasing an additional 793 shares in the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently commented on KEYS. Susquehanna reduced their price objective on shares of Keysight Technologies from $208.00 to $195.00 and set a “positive” rating for the company in a report on Tuesday, May 21st. Robert W. Baird lifted their price objective on Keysight Technologies from $155.00 to $167.00 and gave the company an “outperform” rating in a report on Tuesday, May 21st. Citigroup increased their target price on shares of Keysight Technologies from $157.00 to $168.00 and gave the stock a “buy” rating in a research report on Wednesday, February 21st. Finally, Barclays lifted their price target on shares of Keysight Technologies from $141.00 to $151.00 and gave the company an “equal weight” rating in a report on Tuesday, May 21st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $166.33.

Insider Buying and Selling at Keysight Technologies

In related news, SVP Kailash Narayanan sold 4,300 shares of the business’s stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of $152.88, for a total transaction of $657,384.00. Following the completion of the sale, the senior vice president now directly owns 29,156 shares of the company’s stock, valued at $4,457,369.28. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, Director Kevin A. Stephens purchased 460 shares of the business’s stock in a transaction that occurred on Tuesday, May 28th. The shares were acquired at an average cost of $143.35 per share, for a total transaction of $65,941.00. Following the transaction, the director now directly owns 7,681 shares of the company’s stock, valued at approximately $1,101,071.35. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Kailash Narayanan sold 4,300 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total transaction of $657,384.00. Following the transaction, the senior vice president now directly owns 29,156 shares in the company, valued at approximately $4,457,369.28. The disclosure for this sale can be found here. Corporate insiders own 0.60% of the company’s stock.

Keysight Technologies Price Performance

KEYS traded down $1.99 during midday trading on Friday, hitting $135.98. The company had a trading volume of 756,012 shares, compared to its average volume of 1,321,895. Keysight Technologies, Inc. has a twelve month low of $118.57 and a twelve month high of $172.72. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.48 and a current ratio of 1.99. The firm’s 50-day simple moving average is $146.91 and its 200-day simple moving average is $151.04. The company has a market capitalization of $23.73 billion, a PE ratio of 29.63, a P/E/G ratio of 4.69 and a beta of 1.00.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Monday, May 20th. The scientific and technical instruments company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.01. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.20 billion. Keysight Technologies had a return on equity of 23.79% and a net margin of 15.70%. Equities research analysts predict that Keysight Technologies, Inc. will post 5.25 EPS for the current fiscal 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.