OP Asset Management Ltd Acquires New Position in Keysight Technologies Inc. $KEYS

OP Asset Management Ltd acquired a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS) in the 1st quarter, HoldingsChannel reports. The firm acquired 17,742 shares of the scientific and technical instruments company’s stock, valued at approximately $5,010,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Banque Cantonale Vaudoise increased its stake in shares of Keysight Technologies by 13.8% in the 1st quarter. Banque Cantonale Vaudoise now owns 2,808 shares of the scientific and technical instruments company’s stock valued at $793,000 after purchasing an additional 341 shares during the last quarter. Assenagon Asset Management S.A. boosted its stake in Keysight Technologies by 3.1% in the first quarter. Assenagon Asset Management S.A. now owns 343,024 shares of the scientific and technical instruments company’s stock valued at $96,860,000 after buying an additional 10,427 shares in the last quarter. Cidel Asset Management Inc. acquired a new stake in Keysight Technologies in the first quarter valued at about $229,000. Cache Advisors LLC bought a new position in Keysight Technologies in the first quarter valued at about $132,000. Finally, Krilogy Financial LLC raised its stake in Keysight Technologies by 13.4% during the first quarter. Krilogy Financial LLC now owns 3,883 shares of the scientific and technical instruments company’s stock worth $1,096,000 after acquiring an additional 460 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, Director James Cullen sold 3,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total value of $1,039,740.00. Following the sale, the director owned 21,821 shares in the company, valued at approximately $7,562,722.18. The trade was a 12.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on KEYS. Zacks Research raised shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Susquehanna upped their price objective on shares of Keysight Technologies from $415.00 to $425.00 and gave the stock a “positive” rating in a research report on Wednesday, May 20th. Morgan Stanley increased their price objective on shares of Keysight Technologies from $305.00 to $350.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 20th. Wells Fargo & Company raised their target price on shares of Keysight Technologies from $300.00 to $390.00 and gave the company an “overweight” rating in a research report on Wednesday, May 20th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Keysight Technologies in a research note on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $371.92.

Keysight Technologies Price Performance

KEYS stock opened at $336.31 on Friday. The company has a fifty day moving average price of $346.80 and a 200-day moving average price of $282.50. The company has a market capitalization of $57.47 billion, a P/E ratio of 55.31, a PEG ratio of 2.05 and a beta of 1.22. Keysight Technologies Inc. has a 52-week low of $152.85 and a 52-week high of $374.96. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.51 and a current ratio of 1.90.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.55. The company had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.71 billion. Keysight Technologies had a net margin of 17.25% and a return on equity of 21.58%. Keysight Technologies’s revenue for the quarter was up 31.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.70 earnings per share. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. As a group, equities analysts expect that Keysight Technologies Inc. will post 9.03 EPS for the current year.

Keysight Technologies Profile

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.