Keysight Technologies, Inc. (NYSE:KEYS) Shares Bought by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. grew its position in Keysight Technologies, Inc. (NYSE:KEYS) by 2.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,906 shares of the scientific and technical instruments company’s stock after purchasing an additional 277 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Keysight Technologies were worth $1,591,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. EverSource Wealth Advisors LLC boosted its holdings in Keysight Technologies by 3.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company’s stock worth $314,000 after acquiring an additional 61 shares during the period. Caprock Group LLC boosted its stake in shares of Keysight Technologies by 2.2% in the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock valued at $502,000 after purchasing an additional 66 shares during the period. OLD National Bancorp IN grew its holdings in Keysight Technologies by 3.3% during the 4th quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock valued at $340,000 after purchasing an additional 68 shares in the last quarter. RMR Wealth Builders increased its stake in Keysight Technologies by 2.8% during the 4th quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock worth $417,000 after buying an additional 70 shares during the period. Finally, Citizens Financial Group Inc. RI increased its stake in Keysight Technologies by 5.1% during the 4th quarter. Citizens Financial Group Inc. RI now owns 1,629 shares of the scientific and technical instruments company’s stock worth $262,000 after buying an additional 79 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Transactions at Keysight Technologies

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

Analyst Ratings Changes

KEYS has been the subject of a number of recent analyst reports. Wells Fargo & Company raised their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Wednesday, February 26th. StockNews.com lowered shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their price target for the company from $170.00 to $200.00 in a report on Monday, December 16th. Finally, Robert W. Baird boosted their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $184.44.

Keysight Technologies Stock Performance

Shares of NYSE KEYS opened at $154.65 on Friday. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The firm’s 50-day moving average price is $166.92 and its two-hundred day moving average price is $161.95. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20. The stock has a market capitalization of $26.72 billion, a P/E ratio of 44.18, a P/E/G ratio of 2.41 and a beta of 1.10.

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.