Fenimore Asset Management Inc Raises Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Fenimore Asset Management Inc increased its stake in shares of Keysight Technologies, Inc. (NYSE:KEYSFree Report) by 0.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 407,214 shares of the scientific and technical instruments company’s stock after buying an additional 2,134 shares during the quarter. Keysight Technologies makes up about 1.4% of Fenimore Asset Management Inc’s portfolio, making the stock its 26th largest position. Fenimore Asset Management Inc’s holdings in Keysight Technologies were worth $65,411,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in KEYS. Public Sector Pension Investment Board grew its stake in shares of Keysight Technologies by 56.5% during the 2nd quarter. Public Sector Pension Investment Board now owns 6,679 shares of the scientific and technical instruments company’s stock worth $913,000 after acquiring an additional 2,410 shares during the period. Bank of Montreal Can boosted its position in Keysight Technologies by 7.8% during the second quarter. Bank of Montreal Can now owns 223,230 shares of the scientific and technical instruments company’s stock worth $30,716,000 after purchasing an additional 16,193 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its stake in shares of Keysight Technologies by 60.0% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 33,431 shares of the scientific and technical instruments company’s stock worth $4,572,000 after purchasing an additional 12,531 shares in the last quarter. Insigneo Advisory Services LLC raised its position in shares of Keysight Technologies by 12.1% in the second quarter. Insigneo Advisory Services LLC now owns 2,574 shares of the scientific and technical instruments company’s stock valued at $352,000 after purchasing an additional 277 shares during the period. Finally, AXA S.A. lifted its stake in shares of Keysight Technologies by 0.9% during the 2nd quarter. AXA S.A. now owns 31,251 shares of the scientific and technical instruments company’s stock valued at $4,274,000 after buying an additional 286 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.

Insider Activity at Keysight Technologies

In related news, CEO Satish Dhanasekaran sold 17,822 shares of the 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 in the company, valued at $19,779,302.12. This represents a 13.26 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the sale, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their position. The disclosure for this sale can be found here. In 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.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on KEYS. Robert W. Baird lifted their price objective on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Bank of America boosted their price objective on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research note on Wednesday, November 20th. Barclays raised their target price on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a research report on Wednesday, November 20th. Finally, Morgan Stanley raised their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating and ten have issued a buy rating to the stock. According to MarketBeat, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $180.80.

Check Out Our Latest Research Report on Keysight Technologies

Keysight Technologies Price Performance

KEYS stock opened at $172.67 on Friday. The firm has a 50 day simple moving average of $166.12 and a two-hundred day simple moving average of $154.26. The stock has a market cap of $29.90 billion, a PE ratio of 49.33, a P/E/G ratio of 2.18 and a beta of 1.02. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $175.39. 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 Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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