Dimensional Fund Advisors LP Has $153.47 Million Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Dimensional Fund Advisors LP grew its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 14.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,122,309 shares of the scientific and technical instruments company’s stock after purchasing an additional 141,062 shares during the period. Dimensional Fund Advisors LP owned about 0.64% of Keysight Technologies worth $153,470,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Rise Advisors LLC bought a new stake in shares of Keysight Technologies during the first quarter worth $25,000. Meeder Asset Management Inc. bought a new stake in Keysight Technologies during the 2nd quarter worth $27,000. Family Firm Inc. acquired a new position in Keysight Technologies in the 2nd quarter worth about $30,000. Larson Financial Group LLC bought a new position in Keysight Technologies in the first quarter valued at about $31,000. Finally, GPS Wealth Strategies Group LLC boosted its stake in shares of Keysight Technologies by 262.9% during the second quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock valued at $35,000 after purchasing an additional 184 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently issued reports on KEYS shares. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a research note on Wednesday, August 21st. JPMorgan Chase & Co. raised their price target on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research note on Wednesday, August 21st. Robert W. Baird reduced their price objective on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th. Deutsche Bank Aktiengesellschaft raised their target price on Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, August 26th. Finally, Bank of America upped their price target on Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a research report on Wednesday, August 21st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $167.67.

Insider Buying and Selling

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of Keysight Technologies stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total value of $254,592.00. Following the completion of the sale, the director now directly owns 42,160 shares of the company’s stock, valued at $6,576,960. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.60% of the stock is owned by insiders.

Keysight Technologies Stock Down 1.9 %

Shares of NYSE:KEYS opened at $152.42 on Friday. Keysight Technologies, Inc. has a 1 year low of $118.57 and a 1 year high of $162.51. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52. The business’s 50-day moving average is $141.83 and its 200-day moving average is $144.89. The company has a market capitalization of $26.60 billion, a price-to-earnings ratio of 33.21, a P/E/G ratio of 5.03 and a beta of 0.97.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.22. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. The company’s revenue for the quarter was down 11.9% compared to the same quarter last year. During the same period in the prior year, the business earned $2.04 EPS. Equities research analysts predict that Keysight Technologies, Inc. will post 5.35 earnings per share for the current year.

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.