Hahn Capital Management LLC Has $9.73 Million Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Hahn Capital Management LLC lifted its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 40.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 60,551 shares of the scientific and technical instruments company’s stock after purchasing an additional 17,521 shares during the quarter. Keysight Technologies accounts for about 4.3% of Hahn Capital Management LLC’s investment portfolio, making the stock its 11th largest holding. Hahn Capital Management LLC’s holdings in Keysight Technologies were worth $9,726,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Swedbank AB grew its stake in Keysight Technologies by 7.1% during the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock valued at $702,671,000 after acquiring an additional 292,372 shares in the last quarter. International Assets Investment Management LLC grew its stake in Keysight Technologies by 16,555.2% during the 3rd quarter. International Assets Investment Management LLC now owns 69,452 shares of the scientific and technical instruments company’s stock valued at $11,038,000 after acquiring an additional 69,035 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Keysight Technologies by 23.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 9,736 shares of the scientific and technical instruments company’s stock valued at $1,547,000 after acquiring an additional 1,866 shares in the last quarter. abrdn plc grew its stake in Keysight Technologies by 0.9% during the 3rd quarter. abrdn plc now owns 284,445 shares of the scientific and technical instruments company’s stock valued at $45,146,000 after acquiring an additional 2,584 shares in the last quarter. Finally, Stephens Investment Management Group LLC grew its stake in Keysight Technologies by 10.1% during the 3rd quarter. Stephens Investment Management Group LLC now owns 69,010 shares of the scientific and technical instruments company’s stock valued at $10,968,000 after acquiring an additional 6,343 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Buying and Selling

In other news, CEO Satish Dhanasekaran sold 17,822 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief executive officer now directly owns 116,582 shares in the company, valued at $19,779,302.12. The trade was a 13.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the transaction, the senior vice president now 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 ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 32,118 shares of company stock worth $5,411,891. 0.61% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

KEYS has been the topic of several research analyst reports. Wells Fargo & Company lifted their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Wednesday. StockNews.com raised Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, February 22nd. Susquehanna reiterated a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. Barclays lifted their price target on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. One analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $184.44.

Keysight Technologies Stock Down 1.2 %

KEYS opened at $158.38 on Friday. The business has a 50 day moving average price of $169.91 and a 200 day moving average price of $160.93. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The firm has a market cap of $27.38 billion, a P/E ratio of 45.25, a price-to-earnings-growth ratio of 2.41 and a beta of 1.02.

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.