Vontobel Holding Ltd. Has $171.83 Million Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Vontobel Holding Ltd. grew its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 1.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,081,169 shares of the scientific and technical instruments company’s stock after purchasing an additional 10,579 shares during the period. Vontobel Holding Ltd. owned approximately 0.62% of Keysight Technologies worth $171,830,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Swedbank AB increased its position in Keysight Technologies by 7.1% in the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock valued at $702,671,000 after buying an additional 292,372 shares in the last quarter. Jennison Associates LLC increased its holdings in shares of Keysight Technologies by 53.2% during the first quarter. Jennison Associates LLC now owns 3,811,605 shares of the scientific and technical instruments company’s stock valued at $596,059,000 after acquiring an additional 1,323,775 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Keysight Technologies by 352.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 3,160,879 shares of the scientific and technical instruments company’s stock worth $494,299,000 after purchasing an additional 2,462,543 shares during the period. AMF Tjanstepension AB lifted its holdings in shares of Keysight Technologies by 96.0% in the 1st quarter. AMF Tjanstepension AB now owns 1,692,446 shares of the scientific and technical instruments company’s stock worth $264,665,000 after purchasing an additional 828,913 shares in the last quarter. Finally, Capital World Investors bought a new position in shares of Keysight Technologies in the 1st quarter worth $250,097,000. Institutional investors own 84.58% of the company’s stock.

Wall Street Analysts Forecast Growth

KEYS has been the topic of several research reports. Wells Fargo & Company restated an “overweight” rating and set a $180.00 price objective on shares of Keysight Technologies in a report on Wednesday, August 21st. Vertical Research assumed coverage on shares of Keysight Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 target price for the company. Susquehanna dropped their price target on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a research report on Wednesday, August 21st. Bank of America boosted their price objective on Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a report on Wednesday, August 21st. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a report on Monday, August 26th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $167.67.

Keysight Technologies Stock Performance

Shares of NYSE KEYS traded up $0.22 during midday trading on Wednesday, reaching $158.28. The company’s stock had a trading volume of 202,134 shares, compared to its average volume of 1,192,022. The stock has a market capitalization of $27.63 billion, a P/E ratio of 34.44, a PEG ratio of 5.28 and a beta of 0.97. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52. The firm has a 50 day moving average price of $147.78 and a 200-day moving average price of $145.13. Keysight Technologies, Inc. has a 12-month low of $118.57 and a 12-month high of $162.51.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data 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. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter in the previous year, the firm earned $2.04 earnings per share. The business’s revenue was down 11.9% on a year-over-year basis. As a group, equities analysts predict that Keysight Technologies, Inc. will post 5.43 earnings per share for the current year.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of Keysight Technologies stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total value of $254,592.00. Following the sale, the director now owns 42,160 shares of the company’s stock, valued at approximately $6,576,960. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.60% of the stock is owned by company insiders.

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.