BNP PARIBAS ASSET MANAGEMENT Holding S.A. Grows Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 42.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 349,484 shares of the scientific and technical instruments company’s stock after purchasing an additional 104,415 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Keysight Technologies were worth $55,543,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in KEYS. Ferguson Wellman Capital Management Inc. grew its position in Keysight Technologies by 0.6% during the second quarter. Ferguson Wellman Capital Management Inc. now owns 12,700 shares of the scientific and technical instruments company’s stock valued at $1,737,000 after acquiring an additional 73 shares during the period. Wedmont Private Capital grew its holdings in shares of Keysight Technologies by 2.8% during the 2nd quarter. Wedmont Private Capital now owns 2,754 shares of the scientific and technical instruments company’s stock worth $391,000 after purchasing an additional 74 shares during the period. Cromwell Holdings LLC raised its holdings in Keysight Technologies by 15.9% in the third quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company’s stock valued at $87,000 after buying an additional 75 shares during the period. Allworth Financial LP raised its holdings in Keysight Technologies by 3.9% in the third quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company’s stock valued at $317,000 after buying an additional 75 shares during the period. Finally, Diversified LLC grew its stake in Keysight Technologies by 3.6% during the second quarter. Diversified LLC now owns 2,259 shares of the scientific and technical instruments company’s stock worth $309,000 after buying an additional 78 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. StockNews.com raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Deutsche Bank Aktiengesellschaft boosted their price objective on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday. Susquehanna reaffirmed a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday. Wells Fargo & Company reiterated an “overweight” rating and set a $180.00 target price on shares of Keysight Technologies in a report on Wednesday, August 21st. Finally, JPMorgan Chase & Co. increased their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $177.30.

Keysight Technologies Stock Performance

Keysight Technologies stock opened at $169.99 on Friday. The company has a current ratio of 2.05, a quick ratio of 1.52 and a debt-to-equity ratio of 0.23. The stock has a 50 day moving average of $155.72 and a 200-day moving average of $146.10. The stock has a market cap of $29.50 billion, a P/E ratio of 48.57, a price-to-earnings-growth ratio of 4.46 and a beta of 0.98. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $170.52.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.22. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.19 billion. Keysight Technologies had a net margin of 12.32% and a return on equity of 19.34%. The company’s revenue was down 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.04 EPS. On average, analysts expect that Keysight Technologies, Inc. will post 6.18 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.