Handelsbanken Fonder AB lowered its position in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 3.6% during the second quarter, HoldingsChannel reports. The firm owned 99,283 shares of the scientific and technical instruments company’s stock after selling 3,756 shares during the period. Handelsbanken Fonder AB’s holdings in Keysight Technologies were worth $34,756,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in the company. Revolve Wealth Partners LLC acquired a new stake in Keysight Technologies during the 2nd quarter valued at $267,000. Everhart Financial Group Inc. lifted its holdings in Keysight Technologies by 11.1% in the 2nd quarter. Everhart Financial Group Inc. now owns 3,740 shares of the scientific and technical instruments company’s stock worth $1,309,000 after buying an additional 374 shares in the last quarter. Valeo Financial Advisors LLC lifted its holdings in Keysight Technologies by 17.2% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,382 shares of the scientific and technical instruments company’s stock worth $484,000 after buying an additional 203 shares in the last quarter. Chesley Taft & Associates LLC boosted its position in Keysight Technologies by 2.9% in the 2nd quarter. Chesley Taft & Associates LLC now owns 5,866 shares of the scientific and technical instruments company’s stock valued at $2,054,000 after buying an additional 167 shares during the last quarter. Finally, Elevation Wealth Partners LLC boosted its position in Keysight Technologies by 4.7% in the 2nd quarter. Elevation Wealth Partners LLC now owns 2,208 shares of the scientific and technical instruments company’s stock valued at $773,000 after buying an additional 99 shares during the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of analysts have recently issued reports on the company. Susquehanna lifted their target price on Keysight Technologies from $415.00 to $425.00 and gave the stock a “positive” rating in a research report on Wednesday, May 20th. Wells Fargo & Company increased their price target on Keysight Technologies from $300.00 to $390.00 and gave the company an “overweight” rating in a report on Wednesday, May 20th. Weiss Ratings lowered Keysight Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, July 28th. Barclays lifted their price objective on Keysight Technologies from $320.00 to $387.00 and gave the stock an “overweight” rating in a report on Wednesday, May 20th. Finally, Citigroup upped their target price on Keysight Technologies from $320.00 to $396.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $371.92.
Insider Transactions at Keysight Technologies
In related news, SVP Ingrid A. Estrada sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $340.87, for a total transaction of $681,740.00. Following the sale, the senior vice president directly owned 105,861 shares of the company’s stock, valued at approximately $36,084,839.07. This represents a 1.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Satish Dhanasekaran sold 507 shares of the firm’s stock in a transaction 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 owned 121,391 shares in the company, valued at $43,860,996.12. This trade represents a 0.42% decrease in their ownership of the stock. 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 quarter, insiders sold 5,507 shares of company stock worth $1,904,669. 0.40% of the stock is currently owned by corporate insiders.
Keysight Technologies Stock Performance
Shares of KEYS stock opened at $344.01 on Wednesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.51 and a current ratio of 1.90. Keysight Technologies Inc. has a one year low of $152.85 and a one year high of $374.96. The company’s 50-day simple moving average is $332.51 and its 200-day simple moving average is $309.11. The stock has a market capitalization of $58.79 billion, a price-to-earnings ratio of 56.58, a PEG ratio of 1.91 and a beta of 1.22.
Keysight Technologies (NYSE:KEYS – Get Free Report) last posted its quarterly earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.55. The business had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.71 billion. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The company’s revenue for the quarter was up 31.5% compared to the same quarter last year. During the same period last year, the firm earned $1.70 earnings per share. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. Equities analysts anticipate that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.
Keysight Technologies Company 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.
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