Geneva Capital Management LLC Has $33.62 Million Position in Keysight Technologies, Inc. (NYSE:KEYS)

Geneva Capital Management LLC grew its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 0.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 211,331 shares of the scientific and technical instruments company’s stock after acquiring an additional 379 shares during the period. Geneva Capital Management LLC owned 0.12% of Keysight Technologies worth $33,621,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Jennison Associates LLC acquired a new stake in shares of Keysight Technologies in the 4th quarter valued at about $395,789,000. Van ECK Associates Corp grew its stake in shares of Keysight Technologies by 105.5% in the 4th quarter. Van ECK Associates Corp now owns 2,383,143 shares of the scientific and technical instruments company’s stock valued at $379,134,000 after buying an additional 1,223,694 shares during the period. EP Wealth Advisors LLC grew its stake in shares of Keysight Technologies by 14,134.3% in the 3rd quarter. EP Wealth Advisors LLC now owns 314,720 shares of the scientific and technical instruments company’s stock valued at $41,641,000 after buying an additional 312,509 shares during the period. Findlay Park Partners LLP grew its stake in shares of Keysight Technologies by 35.8% in the 3rd quarter. Findlay Park Partners LLP now owns 1,127,071 shares of the scientific and technical instruments company’s stock valued at $149,123,000 after buying an additional 297,147 shares during the period. Finally, Invesco Ltd. grew its stake in shares of Keysight Technologies by 16.6% in the 3rd quarter. Invesco Ltd. now owns 1,732,321 shares of the scientific and technical instruments company’s stock valued at $229,203,000 after buying an additional 247,250 shares during the period. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

KEYS has been the topic of several recent research reports. Citigroup raised their price target on shares of Keysight Technologies from $157.00 to $168.00 and gave the company a “buy” rating in a research report on Wednesday, February 21st. JPMorgan Chase & Co. cut shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and dropped their price target for the company from $184.00 to $170.00 in a research report on Thursday, February 15th. Finally, Barclays raised their price target on shares of Keysight Technologies from $134.00 to $141.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 21st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat, Keysight Technologies currently has a consensus rating of “Hold” and a consensus price target of $160.63.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock traded up $0.21 during mid-day trading on Thursday, hitting $151.01. 651,670 shares of the stock were exchanged, compared to its average volume of 1,192,776. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.44 and a current ratio of 1.93. The company has a market capitalization of $26.36 billion, a P/E ratio of 27.71, a P/E/G ratio of 6.76 and a beta of 1.06. The company has a 50-day simple moving average of $152.44 and a 200 day simple moving average of $147.91. Keysight Technologies, Inc. has a 12 month low of $118.57 and a 12 month high of $172.72.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share for the quarter, beating analysts’ consensus estimates of $1.59 by $0.04. Keysight Technologies had a net margin of 18.14% and a return on equity of 26.84%. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same period in the previous year, the business earned $1.72 EPS. Keysight Technologies’s revenue was down 8.8% compared to the same quarter last year. Sell-side analysts anticipate that Keysight Technologies, Inc. will post 5.4 earnings per share for the current fiscal year.

Insider Activity at Keysight Technologies

In related news, SVP Kailash Narayanan sold 4,300 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of $152.88, for a total value of $657,384.00. Following the completion of the transaction, the senior vice president now directly owns 29,156 shares in the company, valued at approximately $4,457,369.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.60% of the stock is owned by company insiders.

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.