ING Groep NV Has $21.59 Million Position in Keysight Technologies, Inc. (NYSE:KEYS)

ING Groep NV grew its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 478.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 135,843 shares of the scientific and technical instruments company’s stock after buying an additional 112,354 shares during the quarter. ING Groep NV’s holdings in Keysight Technologies were worth $21,590,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Swedbank AB raised its position in shares of Keysight Technologies by 3.8% during the second quarter. Swedbank AB now owns 4,128,892 shares of the scientific and technical instruments company’s stock worth $564,626,000 after acquiring an additional 151,446 shares during the last quarter. Capital International Sarl acquired a new stake in Keysight Technologies during the 1st quarter worth $2,434,000. Teachers Retirement System of The State of Kentucky raised its position in shares of Keysight Technologies by 172.6% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 41,977 shares of the scientific and technical instruments company’s stock valued at $6,565,000 after acquiring an additional 26,577 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Keysight Technologies by 72.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock valued at $2,685,000 after purchasing an additional 7,106 shares during the period. Finally, Speece Thorson Capital Group Inc. boosted its position in shares of Keysight Technologies by 28.7% in the 3rd quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock worth $12,814,000 after purchasing an additional 17,962 shares during the last quarter. 84.58% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Robert W. Baird cut their target price on Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday, August 26th. Susquehanna cut their target price on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a report on Wednesday, August 21st. Barclays upgraded shares of Keysight Technologies from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $158.00 to $180.00 in a research report on Monday, November 4th. Finally, Bank of America boosted their target price on Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a research note on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $170.89.

Keysight Technologies Price Performance

NYSE:KEYS opened at $153.66 on Friday. The stock has a market capitalization of $26.67 billion, a PE ratio of 29.55, a P/E/G ratio of 4.65 and a beta of 0.98. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $166.28. The firm has a fifty day simple moving average of $155.05 and a 200 day simple moving average of $145.93. The company has a current ratio of 2.05, a quick ratio of 1.52 and a debt-to-equity ratio of 0.23.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.22. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.19 billion. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The company’s quarterly revenue was down 11.9% on a year-over-year basis. During the same quarter last year, the firm posted $2.04 EPS. On average, research analysts expect that Keysight Technologies, Inc. will post 5.43 EPS for the current fiscal year.

Insider Buying and Selling

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the company’s stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total value of $254,592.00. Following the transaction, the director now directly owns 42,160 shares in the company, valued at $6,576,960. The trade was a 3.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.60% of the stock is currently owned by corporate 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.