Wolverine Asset Management LLC purchased a new position in Keysight Technologies Inc. (NYSE:KEYS – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,500 shares of the scientific and technical instruments company’s stock, valued at approximately $508,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in KEYS. AQR Capital Management LLC grew its stake in shares of Keysight Technologies by 92.6% in the 1st quarter. AQR Capital Management LLC now owns 27,216 shares of the scientific and technical instruments company’s stock worth $3,965,000 after buying an additional 13,085 shares during the last quarter. Integrated Wealth Concepts LLC grew its stake in shares of Keysight Technologies by 5.0% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company’s stock worth $387,000 after buying an additional 122 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Keysight Technologies by 30.0% in the 1st quarter. Empowered Funds LLC now owns 10,652 shares of the scientific and technical instruments company’s stock worth $1,595,000 after buying an additional 2,461 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Keysight Technologies by 66.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock worth $59,000 after buying an additional 157 shares during the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in shares of Keysight Technologies in the 2nd quarter worth approximately $254,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.
Analyst Upgrades and Downgrades
KEYS has been the topic of several recent research reports. Wall Street Zen upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. JPMorgan Chase & Co. increased their target price on Keysight Technologies from $300.00 to $360.00 and gave the company an “overweight” rating in a research note on Thursday, April 16th. UBS Group increased their target price on Keysight Technologies from $230.00 to $340.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Truist Financial initiated coverage on Keysight Technologies in a research note on Tuesday, March 31st. They set a “hold” rating and a $310.00 target price on the stock. Finally, Zacks Research upgraded Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $314.33.
Insider Transactions at Keysight Technologies
In other news, Director Ronald S. Nersesian sold 30,000 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $285.96, for a total value of $8,578,800.00. Following the transaction, the director directly owned 163,377 shares in the company, valued at $46,719,286.92. This trade represents a 15.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Neil Dougherty sold 2,000 shares of the firm’s stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $298.37, for a total value of $596,740.00. Following the completion of the transaction, the chief financial officer owned 125,272 shares in the company, valued at approximately $37,377,406.64. This trade represents a 1.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 40,334 shares of company stock worth $11,533,230. Company insiders own 0.40% of the company’s stock.
Keysight Technologies Stock Performance
Shares of KEYS opened at $366.38 on Thursday. The business’s fifty day simple moving average is $307.73 and its two-hundred day simple moving average is $239.80. The company has a current ratio of 2.60, a quick ratio of 2.02 and a debt-to-equity ratio of 0.41. Keysight Technologies Inc. has a 12 month low of $146.23 and a 12 month high of $366.77. The company has a market cap of $62.83 billion, a price-to-earnings ratio of 66.01, a P/E/G ratio of 2.59 and a beta of 1.26.
Keysight Technologies (NYSE:KEYS – Get Free Report) last issued its earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 EPS for the quarter, beating the consensus estimate of $2.00 by $0.17. Keysight Technologies had a return on equity of 19.26% and a net margin of 16.84%.The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same period last year, the business posted $1.82 EPS. The company’s revenue was up 23.3% compared to the same quarter last year. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. Research analysts anticipate that Keysight Technologies Inc. will post 7.86 earnings per share for the current fiscal year.
About Keysight Technologies
Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett?Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.
Keysight’s product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.
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