Keysight Technologies, Inc. (NYSE:KEYS) Shares Bought by Peloton Wealth Strategists

Peloton Wealth Strategists raised its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 4.3% in the third quarter, Holdings Channel.com reports. The fund owned 4,845 shares of the scientific and technical instruments company’s stock after acquiring an additional 200 shares during the quarter. Peloton Wealth Strategists’ holdings in Keysight Technologies were worth $770,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Truvestments Capital LLC purchased a new stake in shares of Keysight Technologies in the third quarter valued at approximately $28,000. Erste Asset Management GmbH acquired a new position in shares of Keysight Technologies in the third quarter worth $29,000. American National Bank & Trust purchased a new stake in Keysight Technologies during the 3rd quarter worth about $31,000. Meeder Asset Management Inc. purchased a new stake in shares of Keysight Technologies during the second quarter worth approximately $27,000. Finally, Family Firm Inc. purchased a new stake in shares of Keysight Technologies in the 2nd quarter valued at approximately $30,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

NYSE KEYS opened at $171.73 on Monday. The firm has a market cap of $29.80 billion, a P/E ratio of 49.07, a P/E/G ratio of 2.20 and a beta of 1.00. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $175.39. The business’s 50-day moving average price is $160.05 and its 200 day moving average price is $147.63. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on KEYS shares. Morgan Stanley raised their target price on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft boosted 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. Susquehanna reaffirmed a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday, November 20th. Barclays boosted their price target on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Finally, Robert W. Baird raised their price objective on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $177.30.

Insiders Place Their Bets

In related news, VP Lisa M. Poole sold 350 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the completion of the transaction, the vice president now directly owns 4,820 shares of the company’s stock, valued at $828,027.80. This represents a 6.77 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Satish Dhanasekaran sold 17,822 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the sale, the chief executive officer now directly owns 116,582 shares in the company, valued at $19,779,302.12. This represents a 13.26 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 27,063 shares of company stock valued at $4,603,201. 0.60% of the stock is owned by company insiders.

Keysight Technologies 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.