Keysight Technologies, Inc. (NYSE:KEYS) Shares Acquired by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. boosted its position in Keysight Technologies, Inc. (NYSE:KEYS) by 3.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 55,379 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,755 shares during the period. PNC Financial Services Group Inc.’s holdings in Keysight Technologies were worth $8,896,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Caprock Group LLC boosted its holdings in Keysight Technologies by 2.2% in the 4th quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock valued at $502,000 after purchasing an additional 66 shares in the last quarter. OLD National Bancorp IN boosted its holdings in Keysight Technologies by 3.3% in the 4th quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock valued at $340,000 after purchasing an additional 68 shares in the last quarter. RMR Wealth Builders boosted its holdings in Keysight Technologies by 2.8% in the 4th quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock valued at $417,000 after purchasing an additional 70 shares in the last quarter. Wedmont Private Capital boosted its holdings in Keysight Technologies by 3.8% in the 4th quarter. Wedmont Private Capital now owns 2,432 shares of the scientific and technical instruments company’s stock valued at $392,000 after purchasing an additional 88 shares in the last quarter. Finally, Argonautica Private Wealth Management Inc. boosted its holdings in Keysight Technologies by 1.1% in the 4th quarter. Argonautica Private Wealth Management Inc. now owns 8,134 shares of the scientific and technical instruments company’s stock valued at $1,307,000 after purchasing an additional 91 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Trading Down 2.0 %

Shares of Keysight Technologies stock opened at $149.91 on Wednesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The company has a market capitalization of $25.92 billion, a P/E ratio of 42.83, a P/E/G ratio of 2.41 and a beta of 1.10. The business has a 50 day moving average price of $168.84 and a 200 day moving average price of $162.15.

Analyst Upgrades and Downgrades

KEYS has been the topic of a number of analyst reports. Barclays lifted their price objective on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Bank of America boosted their price target on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 20th. Wells Fargo & Company boosted their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. Robert W. Baird boosted their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, February 27th. Finally, JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $184.44.

Insider Buying and Selling

In related news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction 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. The trade was a 6.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.61% of the company’s stock.

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.