Fenimore Asset Management Inc Has $65.41 Million Position in Keysight Technologies, Inc. (NYSE:KEYS)

Fenimore Asset Management Inc increased its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 0.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 407,214 shares of the scientific and technical instruments company’s stock after purchasing an additional 2,134 shares during the quarter. Keysight Technologies makes up about 1.4% of Fenimore Asset Management Inc’s portfolio, making the stock its 26th largest holding. Fenimore Asset Management Inc owned about 0.24% of Keysight Technologies worth $65,411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in KEYS. Natixis Advisors LLC raised its holdings in Keysight Technologies by 8.7% in the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock valued at $28,125,000 after buying an additional 14,185 shares during the last quarter. Janney Montgomery Scott LLC increased its position in Keysight Technologies by 72.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock valued at $2,685,000 after acquiring an additional 7,106 shares during the period. Speece Thorson Capital Group Inc. raised its stake in shares of Keysight Technologies by 28.7% during the third quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock valued at $12,814,000 after acquiring an additional 17,962 shares during the last quarter. Vontobel Holding Ltd. lifted its holdings in shares of Keysight Technologies by 1.0% during the third quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company’s stock worth $171,830,000 after purchasing an additional 10,579 shares during the period. Finally, LMR Partners LLP bought a new stake in shares of Keysight Technologies in the third quarter worth $14,339,000. Institutional investors own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. StockNews.com raised Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Thursday. Morgan Stanley lifted their price objective on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their target price for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Robert W. Baird boosted their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Finally, Susquehanna reaffirmed a “positive” rating and issued a $185.00 price objective on shares of Keysight Technologies in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and ten have issued a buy rating to the stock. According to MarketBeat.com, Keysight Technologies currently has an average rating of “Moderate Buy” and an average price target of $180.80.

Insider Activity

In related news, CEO Satish Dhanasekaran sold 17,822 shares of Keysight Technologies stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the sale, the chief executive officer now 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Lisa M. Poole sold 350 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $171.79, for a total transaction of $60,126.50. Following the transaction, the vice president now owns 4,820 shares in the company, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 33,063 shares of company stock worth $5,573,941. Company insiders own 0.60% of the company’s stock.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $172.67 on Friday. The firm has a market capitalization of $29.90 billion, a P/E ratio of 49.33, a P/E/G ratio of 2.18 and a beta of 1.02. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $175.39. The company has a fifty day moving average of $166.12 and a 200-day moving average of $154.26. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

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.