Fruth Investment Management Sells 445 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Fruth Investment Management lowered its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 1.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,850 shares of the scientific and technical instruments company’s stock after selling 445 shares during the quarter. Keysight Technologies makes up 1.0% of Fruth Investment Management’s investment portfolio, making the stock its 24th largest position. Fruth Investment Management’s holdings in Keysight Technologies were worth $3,670,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of KEYS. Geode Capital Management LLC lifted its position in Keysight Technologies by 7.9% in the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock worth $697,411,000 after buying an additional 323,235 shares during the last quarter. Swedbank AB lifted its holdings in shares of Keysight Technologies by 7.1% in the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after acquiring an additional 292,372 shares during the last quarter. Fort Pitt Capital Group LLC boosted its stake in shares of Keysight Technologies by 59.1% in the 3rd quarter. Fort Pitt Capital Group LLC now owns 686,704 shares of the scientific and technical instruments company’s stock valued at $109,138,000 after purchasing an additional 254,985 shares in the last quarter. Kovitz Investment Group Partners LLC raised its position in Keysight Technologies by 27.6% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock worth $158,692,000 after purchasing an additional 216,564 shares during the period. Finally, State Street Corp lifted its stake in Keysight Technologies by 2.5% in the third quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock worth $1,248,773,000 after purchasing an additional 194,294 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, SVP Kailash Narayanan sold 595 shares of Keysight Technologies stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total value of $101,923.50. Following the completion of the sale, the senior vice president now owns 35,912 shares of the company’s stock, valued at approximately $6,151,725.60. This trade represents a 1.63 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Lisa M. Poole sold 350 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $171.79, for a total value of $60,126.50. Following the transaction, the vice president now directly owns 4,820 shares in the company, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 33,063 shares of company stock valued at $5,573,941 in the last 90 days. Corporate insiders own 0.61% of the company’s stock.

Keysight Technologies Trading Up 0.8 %

NYSE:KEYS opened at $177.44 on Thursday. The company’s 50-day simple moving average is $167.37 and its 200 day simple moving average is $156.10. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $180.26. The firm has a market capitalization of $30.68 billion, a P/E ratio of 50.70, a PEG ratio of 2.26 and a beta of 1.02. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.

Analyst Ratings Changes

Several research firms recently issued reports on KEYS. Robert W. Baird raised their price target on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. StockNews.com raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Finally, Bank of America boosted their price target on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $180.80.

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.