Corebridge Financial Inc. Sells 6,131 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Corebridge Financial Inc. cut its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 13.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 41,097 shares of the scientific and technical instruments company’s stock after selling 6,131 shares during the period. Corebridge Financial Inc.’s holdings in Keysight Technologies were worth $6,601,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in Keysight Technologies by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 20,873,635 shares of the scientific and technical instruments company’s stock valued at $3,352,932,000 after buying an additional 55,223 shares during the period. State Street Corp raised its position in shares of Keysight Technologies by 2.5% during the 3rd quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock valued at $1,248,773,000 after acquiring an additional 194,294 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of 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 valued at $697,411,000 after purchasing an additional 323,235 shares during the period. Boston Partners boosted its position in shares of Keysight Technologies by 21.7% in the 4th quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company’s stock worth $637,125,000 after purchasing an additional 704,920 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Keysight Technologies by 2.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,015,675 shares of the scientific and technical instruments company’s stock worth $163,148,000 after purchasing an additional 28,754 shares during the period. Institutional investors own 84.58% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Mark Adam Wallace sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of the transaction, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.61% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on KEYS shares. Robert W. Baird increased their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. Wells Fargo & Company increased their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research report on Wednesday, February 26th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $170.00 to $200.00 in a report on Monday, December 16th. Finally, StockNews.com downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. One investment analyst has rated the stock with a sell rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $184.44.

Keysight Technologies Stock Down 3.1 %

Shares of KEYS stock opened at $150.40 on Friday. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The firm has a fifty day moving average of $166.07 and a 200-day moving average of $162.27. The company has a market capitalization of $25.99 billion, a price-to-earnings ratio of 42.97, a P/E/G ratio of 2.41 and a beta of 1.10.

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.