Keysight Technologies Inc. $KEYS Stock Sold by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA lowered its position in Keysight Technologies Inc. (NYSE:KEYS) by 10.5% in the third quarter, HoldingsChannel reports. The fund owned 95,309 shares of the scientific and technical instruments company’s stock after selling 11,238 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Keysight Technologies were worth $34,696,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Fiduciary Financial Advisors purchased a new stake in shares of Keysight Technologies during the 2nd quarter worth about $28,000. Hughes Financial Services LLC increased its stake in shares of Keysight Technologies by 453.3% in the 3rd quarter. Hughes Financial Services LLC now owns 83 shares of the scientific and technical instruments company’s stock valued at $30,000 after purchasing an additional 68 shares in the last quarter. IMG Wealth Management Inc. purchased a new position in shares of Keysight Technologies in the 2nd quarter valued at about $29,000. Livelsberger Financial Advisory purchased a new position in shares of Keysight Technologies in the 3rd quarter valued at about $32,000. Finally, Compass Financial Management LLC acquired a new position in Keysight Technologies in the 2nd quarter worth about $34,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 3,000 shares of the stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $364.13, for a total transaction of $1,092,390.00. Following the completion of the transaction, the chief executive officer owned 118,391 shares of the company’s stock, valued at $43,109,714.83. This represents a 2.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Neil Dougherty sold 2,000 shares of the stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $340.79, for a total value of $681,580.00. Following the transaction, the chief financial officer directly owned 123,390 shares of the company’s stock, valued at $42,050,078.10. The trade was a 1.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 12,200 shares of company stock worth $4,082,752 in the last quarter. Corporate insiders own 0.40% of the company’s stock.

Keysight Technologies Stock Up 0.7%

Shares of NYSE KEYS opened at $291.08 on Wednesday. The company’s 50-day simple moving average is $336.16 and its 200-day simple moving average is $317.90. Keysight Technologies Inc. has a 52-week low of $167.23 and a 52-week high of $389.93. The firm has a market cap of $49.56 billion, a price-to-earnings ratio of 39.98, a price-to-earnings-growth ratio of 0.72 and a beta of 1.20. The company has a quick ratio of 1.62, a current ratio of 2.02 and a debt-to-equity ratio of 0.28.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, topping analysts’ consensus estimates of $2.48 by $0.59. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The business had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.75 billion. During the same quarter in the previous year, the company earned $1.72 earnings per share. The company’s quarterly revenue was up 36.5% on a year-over-year basis. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. Equities analysts predict that Keysight Technologies Inc. will post 10.33 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

KEYS has been the topic of a number of recent analyst reports. Wall Street Zen downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. The Goldman Sachs Group raised their price objective on Keysight Technologies from $452.00 to $487.00 and gave the company a “buy” rating in a report on Tuesday, October 6th. Truist Financial boosted their price objective on Keysight Technologies from $376.00 to $400.00 and gave the company a “hold” rating in a research report on Wednesday, August 19th. Citigroup reaffirmed a “buy” rating on shares of Keysight Technologies in a research note on Wednesday, August 19th. Finally, Susquehanna upped their target price on Keysight Technologies from $425.00 to $440.00 and gave the stock a “positive” rating in a research note on Wednesday, August 19th. Eleven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $401.42.

Keysight Technologies Profile

Keysight Technologies, Inc. develops electronic design, test and measurement solutions used to design, validate and monitor electronic systems. Its offerings include instruments, software and services that help customers evaluate the performance and reliability of products and networks. The company serves industries including communications, aerospace and defense, automotive, semiconductor and general electronics. Its solutions support work ranging from chip and device development to testing wireless networks, data centers and connected systems.