Maloon Powers Pitre Higgins & Dennehy LLC acquired a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,533 shares of the scientific and technical instruments company’s stock, valued at approximately $537,000.
A number of other hedge funds have also recently modified their holdings of KEYS. BlackRock Inc. bought a new stake in Keysight Technologies during the second quarter worth about $7,030,806,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of Keysight Technologies by 0.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 17,419,811 shares of the scientific and technical instruments company’s stock valued at $3,539,532,000 after purchasing an additional 85,693 shares during the last quarter. State Street Corp lifted its holdings in shares of Keysight Technologies by 2.5% during the fourth quarter. State Street Corp now owns 8,191,895 shares of the scientific and technical instruments company’s stock valued at $1,664,511,000 after purchasing an additional 200,279 shares during the last quarter. Boston Partners boosted its position in shares of Keysight Technologies by 3.4% in the 3rd quarter. Boston Partners now owns 4,870,268 shares of the scientific and technical instruments company’s stock worth $851,525,000 after purchasing an additional 160,728 shares in the last quarter. Finally, Capital World Investors boosted its position in shares of Keysight Technologies by 6.5% in the 4th quarter. Capital World Investors now owns 3,940,767 shares of the scientific and technical instruments company’s stock worth $800,732,000 after purchasing an additional 240,058 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.
Insider Transactions at Keysight Technologies
In related news, CEO Satish Dhanasekaran sold 507 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $361.32, for a total value of $183,189.24. Following the transaction, the chief executive officer directly owned 121,391 shares of the company’s stock, valued at approximately $43,860,996.12. The trade was a 0.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ingrid A. Estrada sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $314.66, for a total value of $629,320.00. Following the completion of the transaction, the senior vice president owned 103,861 shares of the company’s stock, valued at $32,680,902.26. The trade was a 1.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 7,507 shares of company stock valued at $2,451,909 over the last 90 days. Company insiders own 0.40% of the company’s stock.
Keysight Technologies Stock Up 1.3%
Keysight Technologies (NYSE:KEYS – Get Free Report) last issued its earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.59. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter in the prior year, the firm posted $1.72 EPS. Keysight Technologies’s quarterly revenue was up 36.5% compared to the same quarter last year. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. Sell-side analysts expect that Keysight Technologies Inc. will post 10.03 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of research analysts have issued reports on KEYS shares. UBS Group lifted their price objective on Keysight Technologies from $420.00 to $440.00 and gave the company a “buy” rating in a research note on Wednesday, August 19th. Susquehanna lifted their target price on shares of Keysight Technologies from $425.00 to $440.00 and gave the stock a “positive” rating in a report on Wednesday, August 19th. Truist Financial increased their price target on shares of Keysight Technologies from $376.00 to $400.00 and gave the company a “hold” rating in a report on Wednesday, August 19th. JPMorgan Chase & Co. raised their price target on shares of Keysight Technologies from $400.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $392.83.
Read Our Latest Report on KEYS
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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