Clifford Swan Investment Counsel LLC cut its position in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 4.7% in the second quarter, Holdings Channel reports. The institutional investor owned 76,527 shares of the scientific and technical instruments company’s stock after selling 3,775 shares during the period. Clifford Swan Investment Counsel LLC’s holdings in Keysight Technologies were worth $26,790,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. BlackRock Inc. bought a new stake in Keysight Technologies in the 2nd quarter valued at approximately $7,030,806,000. Norges Bank bought a new position in shares of Keysight Technologies during the 4th quarter worth approximately $435,542,000. Focus Partners Wealth raised its holdings in shares of Keysight Technologies by 3,941.3% in the fourth quarter. Focus Partners Wealth now owns 1,406,286 shares of the scientific and technical instruments company’s stock valued at $285,743,000 after purchasing an additional 1,371,488 shares during the last quarter. Legal & General Group Plc acquired a new stake in shares of Keysight Technologies in the second quarter valued at approximately $464,017,000. Finally, Woodline Partners LP bought a new stake in shares of Keysight Technologies in the third quarter worth $208,891,000. Institutional investors and hedge funds own 84.58% of the company’s stock.
Insider Activity at Keysight Technologies
In related news, Director Jean Mcclung Nye sold 3,000 shares of Keysight Technologies stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $319.22, for a total transaction of $957,660.00. Following the completion of the transaction, the director owned 35,752 shares in the company, valued at approximately $11,412,753.44. This trade represents a 7.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 in the company, valued at approximately $43,860,996.12. This trade represents a 0.42% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 7,507 shares of company stock worth $2,451,909. Insiders own 0.40% of the company’s stock.
Keysight Technologies Stock Performance
Keysight Technologies (NYSE:KEYS – Get Free Report) last announced its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, beating analysts’ consensus estimates of $2.48 by $0.59. The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.75 billion. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The company’s quarterly revenue was up 36.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.72 EPS. 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. As a group, research analysts anticipate that Keysight Technologies Inc. will post 10.03 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the stock. UBS Group raised their target price on shares of Keysight Technologies from $420.00 to $440.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. Weiss Ratings upgraded shares of Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 20th. Susquehanna raised their price objective on Keysight Technologies from $425.00 to $440.00 and gave the company a “positive” rating in a report on Wednesday, August 19th. Barclays lifted their target price on Keysight Technologies from $387.00 to $429.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. Finally, Citigroup reissued a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $392.83.
Read Our Latest Report on Keysight Technologies
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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