State of New Jersey Common Pension Fund D Has $9.40 Million Stock Holdings in Keysight Technologies Inc. $KEYS

State of New Jersey Common Pension Fund D reduced its stake in Keysight Technologies Inc. (NYSE:KEYS) by 0.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 57,354 shares of the scientific and technical instruments company’s stock after selling 417 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Keysight Technologies were worth $9,398,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of Keysight Technologies by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 20,969,511 shares of the scientific and technical instruments company’s stock worth $3,140,604,000 after buying an additional 95,876 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in shares of Keysight Technologies by 16.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 18,790,100 shares of the scientific and technical instruments company’s stock worth $2,814,195,000 after acquiring an additional 2,675,148 shares during the period. Boston Partners grew its stake in shares of Keysight Technologies by 7.7% in the first quarter. Boston Partners now owns 4,263,417 shares of the scientific and technical instruments company’s stock valued at $636,854,000 after acquiring an additional 305,143 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its stake in Keysight Technologies by 1.0% during the first quarter. T. Rowe Price Investment Management Inc. now owns 3,317,700 shares of the scientific and technical instruments company’s stock worth $496,892,000 after buying an additional 33,818 shares in the last quarter. Finally, Invesco Ltd. raised its position in Keysight Technologies by 2.4% during the first quarter. Invesco Ltd. now owns 2,273,896 shares of the scientific and technical instruments company’s stock valued at $340,561,000 after purchasing an additional 53,846 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Wall Street Analyst Weigh In

KEYS has been the subject of several recent research reports. Barclays lowered their price objective on Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a research note on Wednesday, August 20th. Wall Street Zen upgraded shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 18th. Weiss Ratings reissued a “hold (c)” rating on shares of Keysight Technologies in a research note on Saturday. Bank of America increased their price objective on Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a report on Wednesday, August 20th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $180.00 target price on shares of Keysight Technologies in a report on Friday, October 10th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $187.38.

Keysight Technologies Stock Performance

NYSE KEYS opened at $169.49 on Friday. The company has a market cap of $29.13 billion, a P/E ratio of 53.98, a PEG ratio of 2.36 and a beta of 1.18. The company has a fifty day simple moving average of $168.71 and a 200 day simple moving average of $161.29. The company has a current ratio of 3.59, a quick ratio of 2.94 and a debt-to-equity ratio of 0.45. Keysight Technologies Inc. has a 12-month low of $121.43 and a 12-month high of $186.20.

Keysight Technologies (NYSE:KEYS) last announced its earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.05. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The company had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the previous year, the firm earned $1.57 earnings per share. Keysight Technologies’s quarterly revenue was up 11.1% on a year-over-year basis. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. Sell-side analysts predict that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the company’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total value of $347,960.00. Following the completion of the transaction, the senior vice president owned 106,590 shares in the company, valued at $18,544,528.20. This represents a 1.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.61% of the company’s stock.

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.