Keysight Technologies Inc. $KEYS Shares Bought by M&T Bank Corp

M&T Bank Corp raised its holdings in Keysight Technologies Inc. (NYSE:KEYS) by 9,349.0% in the fourth quarter, Holdings Channel reports. The fund owned 1,048,176 shares of the scientific and technical instruments company’s stock after buying an additional 1,037,083 shares during the period. Keysight Technologies accounts for approximately 0.6% of M&T Bank Corp’s investment portfolio, making the stock its 28th largest holding. M&T Bank Corp’s holdings in Keysight Technologies were worth $212,979,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of KEYS. Optiver Holding B.V. acquired a new stake in Keysight Technologies in the 3rd quarter valued at about $35,000. Westfuller Advisors LLC acquired a new stake in shares of Keysight Technologies during the 3rd quarter worth approximately $45,000. True Wealth Design LLC increased its holdings in shares of Keysight Technologies by 68.5% during the 3rd quarter. True Wealth Design LLC now owns 278 shares of the scientific and technical instruments company’s stock worth $49,000 after buying an additional 113 shares during the last quarter. Atlantic Union Bankshares Corp increased its holdings in shares of Keysight Technologies by 36.2% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 286 shares of the scientific and technical instruments company’s stock worth $50,000 after buying an additional 76 shares during the last quarter. Finally, Root Financial Partners LLC acquired a new stake in shares of Keysight Technologies during the 3rd quarter worth approximately $51,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $338.94 on Wednesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.02 and a current ratio of 2.60. The stock has a market capitalization of $58.13 billion, a P/E ratio of 61.07, a PEG ratio of 2.44 and a beta of 1.15. The company has a 50 day moving average price of $288.22 and a 200 day moving average price of $228.46. Keysight Technologies Inc. has a fifty-two week low of $133.33 and a fifty-two week high of $342.42.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $2.00 by $0.17. The firm had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Keysight Technologies had a net margin of 16.84% and a return on equity of 19.26%. The firm’s quarterly revenue was up 23.3% on a year-over-year basis. During the same quarter last year, the company posted $1.82 EPS. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. Equities research analysts forecast that Keysight Technologies Inc. will post 7.86 EPS for the current year.

Insider Activity

In related news, CFO Neil Dougherty sold 2,000 shares of the stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $298.37, for a total transaction of $596,740.00. Following the completion of the transaction, the chief financial officer owned 125,272 shares of the company’s stock, valued at approximately $37,377,406.64. This trade represents a 1.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Satish Dhanasekaran sold 1,667 shares of the firm’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $300.00, for a total transaction of $500,100.00. Following the completion of the transaction, the chief executive officer directly owned 122,398 shares of the company’s stock, valued at $36,719,400. This represents a 1.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 40,334 shares of company stock worth $11,533,230 in the last three months. 0.40% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Citigroup raised their price target on shares of Keysight Technologies from $282.00 to $320.00 and gave the stock a “buy” rating in a report on Monday, March 23rd. Wells Fargo & Company raised their price target on shares of Keysight Technologies from $225.00 to $300.00 and gave the stock an “overweight” rating in a report on Tuesday, February 24th. Truist Financial assumed coverage on shares of Keysight Technologies in a report on Tuesday, March 31st. They set a “hold” rating and a $310.00 price target for the company. Finally, The Goldman Sachs Group raised their price target on shares of Keysight Technologies from $322.00 to $384.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $314.33.

Keysight Technologies Profile

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.