Keysight Technologies Inc. $KEYS Shares Acquired by Concentric Capital Strategies LP

Concentric Capital Strategies LP lifted its stake in shares of Keysight Technologies Inc. (NYSE:KEYS) by 19.4% during the 4th quarter, HoldingsChannel reports. The firm owned 64,345 shares of the scientific and technical instruments company’s stock after purchasing an additional 10,470 shares during the quarter. Concentric Capital Strategies LP’s holdings in Keysight Technologies were worth $13,074,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in KEYS. Belpointe Asset Management LLC acquired a new position in Keysight Technologies in the fourth quarter valued at approximately $1,123,000. Confluence Investment Management LLC lifted its stake in Keysight Technologies by 2.3% during the fourth quarter. Confluence Investment Management LLC now owns 334,338 shares of the scientific and technical instruments company’s stock worth $67,934,000 after purchasing an additional 7,398 shares in the last quarter. Willis Investment Counsel lifted its stake in Keysight Technologies by 5.7% during the fourth quarter. Willis Investment Counsel now owns 80,609 shares of the scientific and technical instruments company’s stock worth $16,379,000 after purchasing an additional 4,333 shares in the last quarter. Guyasuta Investment Advisors Inc. acquired a new position in Keysight Technologies during the fourth quarter worth $1,137,000. Finally, Oak Harvest Investment Services acquired a new position in Keysight Technologies during the fourth quarter worth $4,070,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $350.12 on Thursday. The firm has a market capitalization of $59.83 billion, a PE ratio of 57.59, a price-to-earnings-growth ratio of 2.00 and a beta of 1.22. The business’s fifty day moving average price is $341.80 and its 200 day moving average price is $275.49. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.90 and a quick ratio of 1.51. Keysight Technologies Inc. has a 12 month low of $152.85 and a 12 month high of $370.17.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, beating the consensus estimate of $2.32 by $0.55. The firm had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.71 billion. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.Keysight Technologies’s revenue for the quarter was up 31.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.70 earnings per share. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, sell-side analysts anticipate that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Jeffrey K. Li sold 2,000 shares of the stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $297.19, for a total value of $594,380.00. Following the transaction, the senior vice president owned 34,499 shares of the company’s stock, valued at $10,252,757.81. This represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Satish Dhanasekaran sold 1,667 shares of the stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $300.00, for a total value of $500,100.00. Following the completion of the transaction, the chief executive officer directly owned 122,398 shares in the company, valued at $36,719,400. This trade represents a 1.34% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 8,667 shares of company stock worth $2,730,960. 0.40% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have commented on KEYS shares. Wall Street Zen upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Zacks Research raised Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Barclays upped their price objective on Keysight Technologies from $320.00 to $387.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 20th. Truist Financial upped their price objective on Keysight Technologies from $310.00 to $376.00 and gave the stock a “hold” rating in a research report on Thursday, May 21st. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $371.92.

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.