Northwestern Mutual Wealth Management Co. Has $4.85 Million Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Northwestern Mutual Wealth Management Co. grew its stake in Keysight Technologies, Inc. (NYSE:KEYSGet Rating) by 602.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,698 shares of the scientific and technical instruments company’s stock after buying an additional 26,328 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Keysight Technologies were worth $4,849,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in KEYS. Mutual of America Capital Management LLC boosted its holdings in shares of Keysight Technologies by 0.6% in the fourth quarter. Mutual of America Capital Management LLC now owns 26,247 shares of the scientific and technical instruments company’s stock valued at $5,420,000 after buying an additional 148 shares during the period. Advisor Group Holdings Inc. boosted its holdings in Keysight Technologies by 7.1% during the fourth quarter. Advisor Group Holdings Inc. now owns 64,579 shares of the scientific and technical instruments company’s stock worth $13,315,000 after purchasing an additional 4,273 shares during the last quarter. Toronto Dominion Bank boosted its holdings in Keysight Technologies by 10.0% during the fourth quarter. Toronto Dominion Bank now owns 124,075 shares of the scientific and technical instruments company’s stock worth $25,622,000 after purchasing an additional 11,297 shares during the last quarter. Kentucky Retirement Systems boosted its holdings in Keysight Technologies by 4.7% during the fourth quarter. Kentucky Retirement Systems now owns 11,278 shares of the scientific and technical instruments company’s stock worth $2,329,000 after purchasing an additional 506 shares during the last quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund boosted its holdings in Keysight Technologies by 2.6% during the fourth quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 4,939 shares of the scientific and technical instruments company’s stock worth $1,020,000 after purchasing an additional 125 shares during the last quarter. Institutional investors and hedge funds own 84.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on KEYS. The Goldman Sachs Group reduced their target price on shares of Keysight Technologies from $185.00 to $165.00 and set a “buy” rating for the company in a report on Wednesday, June 1st. JPMorgan Chase & Co. reduced their target price on shares of Keysight Technologies from $200.00 to $176.00 and set an “overweight” rating for the company in a report on Thursday, July 14th. UBS Group reduced their target price on shares of Keysight Technologies from $220.00 to $177.00 and set a “buy” rating for the company in a report on Friday, June 17th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Keysight Technologies from $176.00 to $190.00 and gave the stock a “buy” rating in a research report on Tuesday, August 9th. Finally, Robert W. Baird dropped their price target on shares of Keysight Technologies from $198.00 to $166.00 in a research report on Monday, May 16th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, Keysight Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $192.67.

Keysight Technologies Price Performance

Shares of KEYS opened at $169.60 on Monday. The firm has a market capitalization of $30.52 billion, a PE ratio of 30.67, a PEG ratio of 2.85 and a beta of 1.10. The company’s 50-day moving average is $147.23 and its 200-day moving average is $150.10. Keysight Technologies, Inc. has a fifty-two week low of $127.93 and a fifty-two week high of $209.08. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.86 and a quick ratio of 2.26.

Keysight Technologies (NYSE:KEYSGet Rating) last issued its quarterly earnings data on Tuesday, May 17th. The scientific and technical instruments company reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.48 by $0.20. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.30 billion. Keysight Technologies had a net margin of 19.90% and a return on equity of 30.60%. The company’s revenue was up 10.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.34 earnings per share. Equities analysts forecast that Keysight Technologies, Inc. will post 6.53 EPS for the current year.

Insider Buying and Selling

In other Keysight Technologies news, Director Kevin A. Stephens purchased 500 shares of the stock in a transaction that occurred on Thursday, June 30th. The shares were acquired at an average cost of $136.91 per share, with a total value of $68,455.00. Following the completion of the transaction, the director now owns 3,626 shares in the company, valued at $496,435.66. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Richard P. Hamada sold 1,626 shares of the firm’s stock in a transaction dated Monday, June 6th. The shares were sold at an average price of $150.00, for a total transaction of $243,900.00. Following the transaction, the director now directly owns 42,160 shares of the company’s stock, valued at $6,324,000. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Kevin A. Stephens purchased 500 shares of the stock in a transaction that occurred on Thursday, June 30th. The shares were acquired at an average cost of $136.91 per share, for a total transaction of $68,455.00. Following the completion of the transaction, the director now owns 3,626 shares of the company’s stock, valued at approximately $496,435.66. The disclosure for this purchase can be found here. 0.55% of the stock is owned by insiders.

Keysight Technologies Company Profile

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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. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test solutions, and related software; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; and optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions, as well as resells refurbished used Keysight equipment.

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