Keysight Technologies Inc (NYSE:KEYS) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $86.75 and last traded at $86.35, with a volume of 546975 shares traded. The stock had previously closed at $85.74.

KEYS has been the topic of several recent research reports. Zacks Investment Research downgraded Keysight Technologies from a “buy” rating to a “hold” rating in a report on Friday, February 8th. Jefferies Financial Group lifted their target price on Keysight Technologies to $100.00 and gave the stock a “buy” rating in a report on Tuesday, February 26th. ValuEngine raised Keysight Technologies from a “hold” rating to a “buy” rating in a report on Tuesday, November 27th. Finally, TheStreet raised Keysight Technologies from a “c+” rating to an “a-” rating in a report on Thursday, February 21st. One research analyst has rated the stock with a sell rating, one has given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $83.11.

The company has a quick ratio of 1.36, a current ratio of 1.82 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $16.17 billion, a price-to-earnings ratio of 28.76 and a beta of 1.17.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Thursday, February 21st. The scientific and technical instruments company reported $0.81 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.09. Keysight Technologies had a return on equity of 25.15% and a net margin of 4.57%. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $978.22 million. As a group, equities analysts anticipate that Keysight Technologies Inc will post 3.6 EPS for the current year.

In related news, SVP Satish Dhanasekaran sold 1,354 shares of the business’s stock in a transaction dated Wednesday, December 19th. The stock was sold at an average price of $61.54, for a total value of $83,325.16. Following the completion of the sale, the senior vice president now directly owns 29,337 shares of the company’s stock, valued at approximately $1,805,398.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP John C. Skinner sold 4,671 shares of the business’s stock in a transaction dated Tuesday, February 26th. The shares were sold at an average price of $84.61, for a total value of $395,213.31. Following the completion of the sale, the vice president now directly owns 30,377 shares of the company’s stock, valued at $2,570,197.97. The disclosure for this sale can be found here. Over the last three months, insiders sold 96,286 shares of company stock valued at $8,130,230. Corporate insiders own 0.65% of the company’s stock.

A number of institutional investors have recently modified their holdings of KEYS. Russell Investments Group Ltd. increased its position in Keysight Technologies by 44.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 69,003 shares of the scientific and technical instruments company’s stock valued at $4,563,000 after buying an additional 21,298 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in Keysight Technologies by 74.3% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 31,167 shares of the scientific and technical instruments company’s stock worth $2,065,000 after purchasing an additional 13,286 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Keysight Technologies by 5.4% during the 3rd quarter. Wells Fargo & Company MN now owns 230,771 shares of the scientific and technical instruments company’s stock worth $15,295,000 after purchasing an additional 11,744 shares in the last quarter. Skandinaviska Enskilda Banken AB publ increased its holdings in Keysight Technologies by 15.3% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 11,300 shares of the scientific and technical instruments company’s stock worth $749,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its holdings in Keysight Technologies by 2.4% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 621,921 shares of the scientific and technical instruments company’s stock worth $41,221,000 after purchasing an additional 14,602 shares in the last quarter. 88.27% of the stock is owned by institutional investors and hedge funds.

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Keysight Technologies Company Profile (NYSE:KEYS)

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, and electronic industries in the Americas and the Asia Pacific. Its Communications Solutions Group segment provides radio frequency and microwave test instruments, and electronic design automation software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and optical laser source solutions, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

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