Empirical Finance LLC Has $945,000 Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Empirical Finance LLC trimmed its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,882 shares of the scientific and technical instruments company’s stock after selling 68 shares during the period. Empirical Finance LLC’s holdings in Keysight Technologies were worth $945,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of KEYS. Geode Capital Management LLC lifted its position in shares of Keysight Technologies by 7.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock worth $697,411,000 after buying an additional 323,235 shares during the last quarter. Swedbank AB raised its stake in Keysight Technologies by 7.1% during the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after acquiring an additional 292,372 shares in the last quarter. Fort Pitt Capital Group LLC lifted its holdings in shares of Keysight Technologies by 59.1% in the third quarter. Fort Pitt Capital Group LLC now owns 686,704 shares of the scientific and technical instruments company’s stock worth $109,138,000 after acquiring an additional 254,985 shares during the last quarter. Kovitz Investment Group Partners LLC lifted its holdings in shares of Keysight Technologies by 27.6% in the third quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock worth $158,692,000 after acquiring an additional 216,564 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of Keysight Technologies by 2.5% in the 3rd quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock valued at $1,248,773,000 after purchasing an additional 194,294 shares in the last quarter. 84.58% of the stock is owned by institutional investors.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $177.32 on Tuesday. 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, Inc. has a one year low of $119.72 and a one year high of $180.26. The business’s 50 day simple moving average is $167.73 and its 200 day simple moving average is $157.05. The stock has a market capitalization of $30.66 billion, a PE ratio of 50.66, a PEG ratio of 2.25 and a beta of 1.02.

Wall Street Analyst Weigh In

Several equities analysts recently commented on KEYS shares. Morgan Stanley increased their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Barclays increased their price target on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Robert W. Baird raised their price objective on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. Susquehanna reaffirmed a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a report on Wednesday, November 20th. Finally, Bank of America lifted their price target on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research note on Wednesday, November 20th. One analyst has rated the stock with a sell rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $180.80.

Insider Activity

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the business’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 directly owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Satish Dhanasekaran sold 17,822 shares of the firm’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 sale, the chief executive officer now directly owns 116,582 shares of the company’s stock, valued at approximately $19,779,302.12. This trade represents a 13.26 % 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. 0.61% of the stock is currently owned by insiders.

Keysight Technologies Company 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.