PNC Financial Services Group Inc. Has $8.69 Million Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

PNC Financial Services Group Inc. increased its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 7.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 54,649 shares of the scientific and technical instruments company’s stock after purchasing an additional 3,664 shares during the period. PNC Financial Services Group Inc.’s holdings in Keysight Technologies were worth $8,694,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Trust Investment Advisors lifted its holdings in Keysight Technologies by 1.8% during the 4th quarter. Trust Investment Advisors now owns 4,172 shares of the scientific and technical instruments company’s stock valued at $664,000 after purchasing an additional 75 shares during the last quarter. Itau Unibanco Holding S.A. boosted its holdings in Keysight Technologies by 31.5% in the 3rd quarter. Itau Unibanco Holding S.A. now owns 342 shares of the scientific and technical instruments company’s stock valued at $45,000 after purchasing an additional 82 shares during the period. Summit Financial LLC grew its position in shares of Keysight Technologies by 3.3% during the 4th quarter. Summit Financial LLC now owns 2,756 shares of the scientific and technical instruments company’s stock worth $438,000 after purchasing an additional 87 shares in the last quarter. Guinness Asset Management LTD increased its stake in Keysight Technologies by 2.8% during the 3rd quarter. Guinness Asset Management LTD now owns 3,192 shares of the scientific and technical instruments company’s stock worth $422,000 after acquiring an additional 88 shares during the period. Finally, Princeton Capital Management LLC lifted its position in shares of Keysight Technologies by 1.6% during the 3rd quarter. Princeton Capital Management LLC now owns 6,488 shares of the scientific and technical instruments company’s stock valued at $858,000 after acquiring an additional 104 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Kailash Narayanan sold 4,300 shares of Keysight Technologies stock in a transaction dated 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 of the company’s stock, valued at approximately $4,457,369.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.60% of the company’s stock.

Keysight Technologies Price Performance

Keysight Technologies stock opened at $143.84 on Friday. The stock has a 50-day moving average price of $151.82 and a two-hundred day moving average price of $150.04. Keysight Technologies, Inc. has a 12 month low of $118.57 and a 12 month high of $172.72. The company has a market capitalization of $25.11 billion, a PE ratio of 31.34, a P/E/G ratio of 4.96 and a beta of 1.06. The company has a current ratio of 1.99, a quick ratio of 1.44 and a debt-to-equity ratio of 0.24.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.59 by $0.04. Keysight Technologies had a net margin of 15.70% and a return on equity of 23.79%. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same quarter last year, the business earned $1.72 EPS. The firm’s quarterly revenue was down 8.8% on a year-over-year basis. Analysts expect that Keysight Technologies, Inc. will post 5.4 EPS for the current year.

Analyst Ratings Changes

KEYS has been the subject of several recent analyst reports. Susquehanna cut their price objective on shares of Keysight Technologies from $208.00 to $195.00 and set a “positive” rating for the company in a research report on Tuesday. Citigroup boosted their price objective on shares of Keysight Technologies from $157.00 to $168.00 and gave the company a “buy” rating in a research report on Wednesday, February 21st. Robert W. Baird raised their target price on Keysight Technologies from $155.00 to $167.00 and gave the company an “outperform” rating in a report on Tuesday. JPMorgan Chase & Co. lowered Keysight Technologies from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $184.00 to $170.00 in a research note on Thursday, February 15th. Finally, Barclays upped their price objective on Keysight Technologies from $141.00 to $151.00 and gave the stock an “equal weight” rating in a research report on Tuesday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $166.33.

About Keysight Technologies

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.