Louisiana State Employees Retirement System Sells 200 Shares of Keysight Technologies Inc. $KEYS

Louisiana State Employees Retirement System decreased its position in shares of Keysight Technologies Inc. (NYSE:KEYS) by 2.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,100 shares of the scientific and technical instruments company’s stock after selling 200 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Keysight Technologies were worth $1,491,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in KEYS. Accent Capital Management LLC purchased a new stake in shares of Keysight Technologies during the 1st quarter worth $28,000. Manchester Capital Management LLC lifted its stake in shares of Keysight Technologies by 85.0% during the 1st quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company’s stock worth $35,000 after purchasing an additional 108 shares during the last quarter. Zions Bancorporation National Association UT purchased a new stake in shares of Keysight Technologies during the 1st quarter worth $36,000. Private Trust Co. NA lifted its stake in shares of Keysight Technologies by 39.9% during the 1st quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company’s stock worth $39,000 after purchasing an additional 75 shares during the last quarter. Finally, WPG Advisers LLC purchased a new stake in shares of Keysight Technologies during the 1st quarter worth $39,000. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total value of $347,960.00. Following the completion of the transaction, the senior vice president directly owned 106,590 shares in the company, valued at $18,544,528.20. This trade represents a 1.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.61% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on KEYS shares. Bank of America upped their price objective on Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 20th. Barclays decreased their price objective on Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a research note on Wednesday, August 20th. Morgan Stanley restated an “equal weight” rating and set a $180.00 price objective on shares of Keysight Technologies in a research note on Friday. JPMorgan Chase & Co. upped their price objective on Keysight Technologies from $177.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Finally, Wall Street Zen cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 20th. Six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $187.38.

Keysight Technologies Trading Down 6.8%

Keysight Technologies stock opened at $159.39 on Monday. Keysight Technologies Inc. has a one year low of $121.43 and a one year high of $186.20. The stock has a market cap of $27.39 billion, a PE ratio of 50.76, a price-to-earnings-growth ratio of 2.22 and a beta of 1.18. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.94 and a current ratio of 3.59. The stock has a 50-day moving average of $168.39 and a two-hundred day moving average of $159.59.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.05. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same period last year, the business posted $1.57 earnings per share. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. On average, research analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

About Keysight Technologies

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.