Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Glenmede Trust Co. NA

Glenmede Trust Co. NA reduced its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 15.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,680 shares of the scientific and technical instruments company’s stock after selling 2,972 shares during the period. Glenmede Trust Co. NA’s holdings in Keysight Technologies were worth $2,651,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ferguson Wellman Capital Management Inc. raised its holdings in shares of Keysight Technologies by 0.6% in the second quarter. Ferguson Wellman Capital Management Inc. now owns 12,700 shares of the scientific and technical instruments company’s stock worth $1,737,000 after acquiring an additional 73 shares during the last quarter. Wedmont Private Capital lifted its holdings in Keysight Technologies by 2.8% in the 2nd quarter. Wedmont Private Capital now owns 2,754 shares of the scientific and technical instruments company’s stock valued at $391,000 after purchasing an additional 74 shares in the last quarter. Cromwell Holdings LLC grew its holdings in shares of Keysight Technologies by 15.9% during the third quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company’s stock worth $87,000 after buying an additional 75 shares in the last quarter. Allworth Financial LP grew its holdings in shares of Keysight Technologies by 3.9% during the third quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company’s stock worth $317,000 after buying an additional 75 shares in the last quarter. Finally, Diversified LLC raised its position in shares of Keysight Technologies by 3.6% in the second quarter. Diversified LLC now owns 2,259 shares of the scientific and technical instruments company’s stock valued at $309,000 after buying an additional 78 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Robert W. Baird lifted their target price on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft upped their target price on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. StockNews.com lowered Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, November 23rd. Morgan Stanley upped their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. raised their target price on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 21st. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $177.30.

Insider Buying and Selling

In related news, VP Lisa M. Poole sold 350 shares of the business’s stock in a transaction that occurred 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 directly owns 4,820 shares of the company’s stock, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.60% of the stock is owned by corporate insiders.

Keysight Technologies Price Performance

Keysight Technologies stock opened at $170.84 on Friday. The firm has a fifty day moving average of $158.44 and a 200-day moving average of $147.10. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $175.39. 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 market capitalization of $29.65 billion, a P/E ratio of 48.81, a PEG ratio of 2.16 and a beta of 0.98.

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.