Illinois Municipal Retirement Fund Sells 9,042 Shares of Keysight Technologies Inc. $KEYS

Illinois Municipal Retirement Fund reduced its position in shares of Keysight Technologies Inc. (NYSE:KEYS) by 10.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 77,426 shares of the scientific and technical instruments company’s stock after selling 9,042 shares during the period. Illinois Municipal Retirement Fund’s holdings in Keysight Technologies were worth $12,687,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Allworth Financial LP grew its stake in shares of Keysight Technologies by 14.4% during the 1st quarter. Allworth Financial LP now owns 2,540 shares of the scientific and technical instruments company’s stock worth $365,000 after acquiring an additional 319 shares in the last quarter. Xponance Inc. lifted its position in shares of Keysight Technologies by 0.6% in the first quarter. Xponance Inc. now owns 28,339 shares of the scientific and technical instruments company’s stock worth $4,244,000 after purchasing an additional 178 shares in the last quarter. Ballentine Partners LLC boosted its holdings in Keysight Technologies by 12.1% during the first quarter. Ballentine Partners LLC now owns 1,653 shares of the scientific and technical instruments company’s stock worth $248,000 after purchasing an additional 178 shares during the last quarter. Stephens Investment Management Group LLC grew its position in Keysight Technologies by 6.9% in the first quarter. Stephens Investment Management Group LLC now owns 73,754 shares of the scientific and technical instruments company’s stock valued at $11,046,000 after purchasing an additional 4,744 shares in the last quarter. Finally, CWM LLC grew its position in Keysight Technologies by 9.6% in the first quarter. CWM LLC now owns 6,575 shares of the scientific and technical instruments company’s stock valued at $985,000 after purchasing an additional 574 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total transaction of $347,960.00. Following the completion of the sale, the senior vice president owned 106,590 shares in the company, valued at approximately $18,544,528.20. This trade represents a 1.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.61% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

KEYS has been the subject of a number of recent research reports. Wall Street Zen downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 1st. Barclays dropped their target price on Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating on the stock in a report on Wednesday, August 20th. UBS Group assumed coverage on Keysight Technologies in a research note on Tuesday. They issued a “buy” rating for the company. Jefferies Financial Group assumed coverage on Keysight Technologies in a research note on Monday, October 27th. They set a “hold” rating and a $180.00 price objective on the stock. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Keysight Technologies in a report on Wednesday, October 8th. Seven research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Keysight Technologies has an average rating of “Moderate Buy” and a consensus target price of $186.56.

Keysight Technologies Stock Performance

KEYS opened at $183.60 on Tuesday. The company has a quick ratio of 2.94, a current ratio of 3.59 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 $187.67. The business has a 50 day moving average of $172.01 and a 200-day moving average of $164.89. The stock has a market cap of $31.55 billion, a price-to-earnings ratio of 58.47, a PEG ratio of 2.38 and a beta of 1.22.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share 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 analyst estimates of $1.32 billion. During the same period in the previous year, the firm earned $1.57 EPS. The firm’s 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. On average, equities research analysts expect that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

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.