334 Shares in Keysight Technologies, Inc. (NYSE:KEYS) Bought by Wetzel Investment Advisors Inc.

Wetzel Investment Advisors Inc. acquired a new stake in Keysight Technologies, Inc. (NYSE:KEYS) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 334 shares of the scientific and technical instruments company’s stock, valued at approximately $53,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KEYS. Vanguard Group Inc. lifted its stake in shares of Keysight Technologies by 0.8% in the first quarter. Vanguard Group Inc. now owns 20,348,229 shares of the scientific and technical instruments company’s stock worth $3,214,409,000 after acquiring an additional 153,857 shares in the last quarter. State Street Corp grew its stake in Keysight Technologies by 2.8% during the 1st quarter. State Street Corp now owns 7,878,549 shares of the scientific and technical instruments company’s stock valued at $1,272,228,000 after purchasing an additional 216,086 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Keysight Technologies by 7.6% during the 1st quarter. JPMorgan Chase & Co. now owns 4,264,113 shares of the scientific and technical instruments company’s stock worth $688,569,000 after purchasing an additional 302,273 shares during the last quarter. Mackenzie Financial Corp raised its position in shares of Keysight Technologies by 3.6% in the 3rd quarter. Mackenzie Financial Corp now owns 3,912,631 shares of the scientific and technical instruments company’s stock valued at $513,728,000 after purchasing an additional 136,818 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Keysight Technologies by 1.8% during the 1st quarter. Geode Capital Management LLC now owns 3,681,799 shares of the scientific and technical instruments company’s stock valued at $593,185,000 after buying an additional 66,008 shares during the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies Stock Down 1.2 %

Shares of NYSE:KEYS opened at $145.12 on Friday. The company’s fifty day moving average is $153.72 and its two-hundred day moving average is $146.20. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.44 and a current ratio of 1.93. Keysight Technologies, Inc. has a 1-year low of $118.57 and a 1-year high of $172.72. The stock has a market capitalization of $25.33 billion, a price-to-earnings ratio of 26.63, a price-to-earnings-growth ratio of 6.57 and a beta of 1.05.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.59 by $0.04. Keysight Technologies had a net margin of 18.14% and a return on equity of 26.84%. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same quarter in the prior year, the business earned $1.72 earnings per share. Keysight Technologies’s quarterly revenue was down 8.8% on a year-over-year basis. Equities analysts anticipate that Keysight Technologies, Inc. will post 5.4 EPS for the current year.

Analysts Set New Price Targets

KEYS has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lowered shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $184.00 to $170.00 in a research note on Thursday, February 15th. Barclays raised their price objective on shares of Keysight Technologies from $134.00 to $141.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 21st. Finally, Citigroup upped their target price on shares of Keysight Technologies from $157.00 to $168.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Keysight Technologies has an average rating of “Hold” and an average target price of $160.63.

Insider Buying and Selling

In related news, SVP Kailash Narayanan sold 4,300 shares of the company’s stock in a transaction 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 completion of the transaction, the senior vice president now directly owns 29,156 shares in the company, valued at approximately $4,457,369.28. The sale was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 0.60% of the company’s stock.

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.