Keysight Technologies Inc. $KEYS Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. cut its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS) by 5.9% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 377,348 shares of the scientific and technical instruments company’s stock after selling 23,728 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Keysight Technologies were worth $106,552,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of KEYS. Quarry LP acquired a new stake in shares of Keysight Technologies in the fourth quarter worth $25,000. WPG Advisers LLC lifted its position in Keysight Technologies by 16.5% during the first quarter. WPG Advisers LLC now owns 219 shares of the scientific and technical instruments company’s stock valued at $62,000 after purchasing an additional 31 shares during the period. Entrust Financial LLC acquired a new position in Keysight Technologies during the fourth quarter valued at $45,000. DV Equities LLC acquired a new stake in Keysight Technologies during the 4th quarter worth about $49,000. Finally, Atlantic Edge Private Wealth Management LLC raised its stake in shares of Keysight Technologies by 497.7% during the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 257 shares of the scientific and technical instruments company’s stock valued at $52,000 after buying an additional 214 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Price Performance

Shares of Keysight Technologies stock traded up $0.13 during trading hours on Friday, reaching $322.30. The stock had a trading volume of 937,117 shares, compared to its average volume of 1,510,029. The stock’s 50 day moving average is $344.15 and its 200 day moving average is $290.73. The company has a current ratio of 1.90, a quick ratio of 1.51 and a debt-to-equity ratio of 0.29. Keysight Technologies Inc. has a twelve month low of $152.85 and a twelve month high of $374.96. The firm has a market capitalization of $55.08 billion, a PE ratio of 53.01, a PEG ratio of 1.84 and a beta of 1.21.

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 analysts’ consensus estimates of $2.32 by $0.55. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The firm had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same period last year, the firm earned $1.70 EPS. The company’s quarterly revenue was up 31.5% on a year-over-year basis. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. Equities analysts expect that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Citigroup boosted their price objective on Keysight Technologies from $320.00 to $396.00 and gave the company a “buy” rating in a report on Thursday, May 21st. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Keysight Technologies in a report on Wednesday, May 20th. Robert W. Baird boosted their price target on Keysight Technologies from $375.00 to $385.00 and gave the company an “outperform” rating in a report on Wednesday, May 20th. Zacks Research raised Keysight Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Finally, Wells Fargo & Company upped their price objective on Keysight Technologies from $300.00 to $390.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Keysight Technologies has an average rating of “Moderate Buy” and an average target price of $371.92.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 507 shares of the firm’s stock in a transaction that occurred 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 sale, the chief executive officer directly owned 121,391 shares of the company’s stock, valued at approximately $43,860,996.12. This trade represents a 0.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $340.87, for a total value of $681,740.00. Following the completion of the sale, the senior vice president owned 105,861 shares of the company’s stock, valued at $36,084,839.07. This trade represents a 1.85% 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. Over the last three months, insiders have sold 5,507 shares of company stock valued at $1,904,669. Company insiders own 0.40% of the company’s stock.

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.