Balyasny Asset Management L.P. Boosts Stake in Keysight Technologies Inc. $KEYS

Balyasny Asset Management L.P. raised its holdings in Keysight Technologies Inc. (NYSE:KEYSFree Report) by 294.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 671,675 shares of the scientific and technical instruments company’s stock after purchasing an additional 501,180 shares during the quarter. Balyasny Asset Management L.P.’s holdings in Keysight Technologies were worth $136,478,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in KEYS. Quarry LP purchased a new position in shares of Keysight Technologies during the fourth quarter worth $25,000. Optiver Holding B.V. purchased a new position in Keysight Technologies during the 3rd quarter valued at about $35,000. Entrust Financial LLC purchased a new position in Keysight Technologies during the 4th quarter valued at about $45,000. DV Equities LLC purchased a new position in Keysight Technologies during the 4th quarter valued at about $49,000. Finally, Atlantic Edge Private Wealth Management LLC boosted its holdings in Keysight Technologies by 497.7% during the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 257 shares of the scientific and technical instruments company’s stock valued at $52,000 after acquiring an additional 214 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Wells Fargo & Company raised their target price on Keysight Technologies from $300.00 to $390.00 and gave the company an “overweight” rating in a report on Wednesday, May 20th. Wall Street Zen raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Citigroup raised their price objective on shares of Keysight Technologies from $320.00 to $396.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Truist Financial raised their price objective on shares of Keysight Technologies from $310.00 to $376.00 and gave the company a “hold” rating in a research note on Thursday, May 21st. Finally, Bank of America raised shares of Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 price objective for the company in a research note on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $371.92.

View Our Latest Stock Analysis on Keysight Technologies

Keysight Technologies Price Performance

KEYS stock opened at $350.12 on Thursday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.90 and a quick ratio of 1.51. The firm has a market capitalization of $59.83 billion, a P/E ratio of 57.59, a P/E/G ratio of 2.00 and a beta of 1.22. The business’s 50-day moving average is $341.80 and its two-hundred day moving average is $275.49. Keysight Technologies Inc. has a 1 year low of $152.85 and a 1 year high of $370.17.

Keysight Technologies (NYSE:KEYSGet Free Report) last posted its quarterly earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.55. The company had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.71 billion. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.Keysight Technologies’s revenue for the quarter was up 31.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.70 EPS. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. Analysts anticipate that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Jeffrey K. Li sold 2,000 shares of the stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $297.19, for a total value of $594,380.00. Following the transaction, the senior vice president owned 34,499 shares of the company’s stock, valued at $10,252,757.81. This represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Satish Dhanasekaran sold 1,667 shares of the stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $300.00, for a total value of $500,100.00. Following the completion of the transaction, the chief executive officer directly owned 122,398 shares in the company, valued at $36,719,400. This trade represents a 1.34% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 8,667 shares of company stock worth $2,730,960. 0.40% of the stock is owned by corporate insiders.

Keysight Technologies Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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