Madison Investment Advisors LLC Invests $88.17 Million in Keysight Technologies, Inc. (NYSE:KEYS)

Madison Investment Advisors LLC purchased a new stake in Keysight Technologies, Inc. (NYSE:KEYS) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 548,874 shares of the scientific and technical instruments company’s stock, valued at approximately $88,166,000.

Several other large investors have also recently bought and sold shares of the stock. State Street Corp lifted its holdings in shares of Keysight Technologies by 2.5% during the third quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock worth $1,248,773,000 after buying an additional 194,294 shares in the last quarter. Swedbank AB increased its position in Keysight Technologies by 7.1% during the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after acquiring an additional 292,372 shares during the period. Geode Capital Management LLC raised its stake in Keysight Technologies by 7.9% in the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock worth $697,411,000 after purchasing an additional 323,235 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Keysight Technologies by 2.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,015,675 shares of the scientific and technical instruments company’s stock valued at $163,148,000 after purchasing an additional 28,754 shares during the period. Finally, Kovitz Investment Group Partners LLC boosted its holdings in Keysight Technologies by 27.6% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock valued at $158,692,000 after purchasing an additional 216,564 shares during the period. 84.58% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on KEYS shares. Susquehanna reiterated a “positive” rating and issued a $185.00 price target on shares of Keysight Technologies in a research report on Wednesday, November 20th. 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 increased their target price on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Finally, Morgan Stanley upped their price target 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. One equities research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $184.44.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $149.94 on Thursday. The business’s 50-day moving average price is $168.63 and its 200-day moving average price is $162.12. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $25.93 billion, a price-to-earnings ratio of 42.84, a PEG ratio of 2.41 and a beta of 1.10.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the sale, the senior vice president now owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.61% 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.