Keysight Technologies, Inc. (NYSE:KEYS) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,015,675 shares of the scientific and technical instruments company’s stock after purchasing an additional 28,754 shares during the period. Charles Schwab Investment Management Inc. owned 0.59% of Keysight Technologies worth $163,148,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Truvestments Capital LLC acquired a new stake in shares of Keysight Technologies in the 3rd quarter worth about $28,000. Erste Asset Management GmbH acquired a new stake in shares of Keysight Technologies in the 3rd quarter worth about $29,000. Goodman Advisory Group LLC acquired a new stake in shares of Keysight Technologies in the 3rd quarter worth about $35,000. Groupama Asset Managment increased its holdings in shares of Keysight Technologies by 76.6% in the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock worth $35,000 after acquiring an additional 9,437 shares during the period. Finally, Venturi Wealth Management LLC increased its holdings in shares of Keysight Technologies by 100.8% in the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock worth $43,000 after acquiring an additional 133 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Activity

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the firm’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the transaction, the senior vice president now directly owns 85,829 shares in the company, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on KEYS. Morgan Stanley increased their target price on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their target price for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Robert W. Baird increased their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. Wells Fargo & Company increased their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research report on Wednesday, February 26th. Finally, Barclays increased their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $184.44.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $156.09 on Friday. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The company has a 50-day moving average of $169.14 and a 200-day moving average of $161.85. The firm has a market cap of $26.99 billion, a price-to-earnings ratio of 44.60, a price-to-earnings-growth ratio of 2.41 and a beta of 1.02.

Keysight Technologies Company 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.