Guinness Asset Management LTD Sells 261 Shares of Keysight Technologies Inc. $KEYS

Guinness Asset Management LTD lessened its position in Keysight Technologies Inc. (NYSE:KEYS) by 9.5% in the second quarter, HoldingsChannel.com reports. The fund owned 2,481 shares of the scientific and technical instruments company’s stock after selling 261 shares during the period. Guinness Asset Management LTD’s holdings in Keysight Technologies were worth $407,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the company. Teacher Retirement System of Texas lifted its stake in Keysight Technologies by 17.9% in the 2nd quarter. Teacher Retirement System of Texas now owns 67,236 shares of the scientific and technical instruments company’s stock valued at $11,017,000 after purchasing an additional 10,215 shares during the last quarter. Transcend Capital Advisors LLC acquired a new position in Keysight Technologies during the second quarter worth approximately $234,000. Envestnet Asset Management Inc. boosted its stake in shares of Keysight Technologies by 1.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 411,576 shares of the scientific and technical instruments company’s stock worth $67,418,000 after acquiring an additional 7,301 shares during the period. Wealthfront Advisers LLC increased its holdings in shares of Keysight Technologies by 27.4% during the 2nd quarter. Wealthfront Advisers LLC now owns 14,199 shares of the scientific and technical instruments company’s stock worth $2,327,000 after acquiring an additional 3,058 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. raised its stake in Keysight Technologies by 5.7% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 53,303 shares of the scientific and technical instruments company’s stock valued at $8,734,000 after acquiring an additional 2,877 shares during the period. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Stock Up 0.7%

Shares of KEYS opened at $169.49 on Monday. The company has a current ratio of 3.59, a quick ratio of 2.94 and a debt-to-equity ratio of 0.45. Keysight Technologies Inc. has a 12 month low of $121.43 and a 12 month high of $186.20. The firm’s 50 day moving average is $168.71 and its 200-day moving average is $161.42. The stock has a market capitalization of $29.13 billion, a PE ratio of 53.98, a P/E/G ratio of 2.36 and a beta of 1.18.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.05. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The business had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the prior year, the business posted $1.57 earnings per share. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. Equities research analysts forecast that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Insider Activity

In related news, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total value of $347,960.00. Following the completion of the transaction, the senior vice president owned 106,590 shares of the company’s stock, valued at $18,544,528.20. The trade was a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.61% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Morgan Stanley reaffirmed an “equal weight” rating and set a $180.00 price objective on shares of Keysight Technologies in a research report on Friday, October 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Keysight Technologies in a report on Saturday. Barclays decreased their price target on shares of Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 20th. JPMorgan Chase & Co. upped their target price on Keysight Technologies from $177.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Finally, Bank of America lifted their price target on Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a report on Wednesday, August 20th. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $187.38.

Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.