Keysight Technologies, Inc. (NYSE:KEYS) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Keysight Technologies, Inc. (NYSE:KEYS) have earned an average rating of “Moderate Buy” from the ten research firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $180.80.

Several brokerages recently weighed in on KEYS. StockNews.com cut Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, January 9th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Robert W. Baird boosted their target price on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Morgan Stanley raised their target price on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $170.00 to $200.00 in a research report on Monday, December 16th.

Insider Activity at Keysight Technologies

In other news, CEO Satish Dhanasekaran sold 17,822 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the completion of the sale, the chief executive officer now directly owns 116,582 shares of the company’s stock, valued at $19,779,302.12. This trade represents a 13.26 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jeffrey K. Li sold 4,412 shares of Keysight Technologies stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the sale, the senior vice president now owns 30,637 shares of the company’s stock, valued at approximately $5,267,113.04. This represents a 12.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,063 shares of company stock valued at $5,573,941. Corporate insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On Keysight Technologies

Several institutional investors and hedge funds have recently modified their holdings of KEYS. RMR Wealth Builders raised its holdings in Keysight Technologies by 2.8% during the fourth quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock valued at $417,000 after buying an additional 70 shares in the last quarter. Cromwell Holdings LLC increased its holdings in shares of Keysight Technologies by 15.9% during the 3rd quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company’s stock valued at $87,000 after acquiring an additional 75 shares during the last quarter. Allworth Financial LP raised its stake in shares of Keysight Technologies by 3.9% in the 3rd quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company’s stock valued at $317,000 after acquiring an additional 75 shares in the last quarter. Ameritas Investment Partners Inc. lifted its holdings in Keysight Technologies by 0.4% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 20,669 shares of the scientific and technical instruments company’s stock worth $2,826,000 after purchasing an additional 82 shares during the last quarter. Finally, Wedmont Private Capital boosted its position in Keysight Technologies by 3.8% during the fourth quarter. Wedmont Private Capital now owns 2,432 shares of the scientific and technical instruments company’s stock worth $392,000 after purchasing an additional 88 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

KEYS opened at $165.70 on Thursday. The business has a 50 day moving average price of $164.76 and a two-hundred day moving average price of $153.52. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The company has a market capitalization of $28.69 billion, a price-to-earnings ratio of 47.34, a price-to-earnings-growth ratio of 2.05 and a beta of 1.02. Keysight Technologies has a 1-year low of $119.72 and a 1-year high of $175.39.

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.