TD Waterhouse Canada Inc. Acquires 8,659 Shares of Keysight Technologies Inc. $KEYS

TD Waterhouse Canada Inc. grew its holdings in Keysight Technologies Inc. (NYSE:KEYSFree Report) by 11,545.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,734 shares of the scientific and technical instruments company’s stock after purchasing an additional 8,659 shares during the period. TD Waterhouse Canada Inc.’s holdings in Keysight Technologies were worth $2,934,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Fiduciary Financial Advisors purchased a new position in Keysight Technologies in the 2nd quarter valued at approximately $28,000. IMG Wealth Management Inc. purchased a new stake in shares of Keysight Technologies during the second quarter worth $29,000. Compass Financial Management LLC purchased a new stake in shares of Keysight Technologies during the second quarter worth $34,000. Virtus Advisers LLC bought a new position in shares of Keysight Technologies in the second quarter worth $35,000. Finally, Cornerstone Planning Group LLC grew its position in shares of Keysight Technologies by 36.1% in the first quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock valued at $32,000 after purchasing an additional 30 shares in the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

KEYS has been the topic of a number of analyst reports. Citigroup reiterated a “buy” rating on shares of Keysight Technologies in a research note on Wednesday, August 19th. Wall Street Zen lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. Weiss Ratings upgraded Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 20th. UBS Group raised their price objective on shares of Keysight Technologies from $420.00 to $440.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Keysight Technologies in a research note on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $392.83.

Read Our Latest Analysis on KEYS

Keysight Technologies Stock Performance

Shares of KEYS opened at $326.79 on Tuesday. Keysight Technologies Inc. has a 12-month low of $158.79 and a 12-month high of $374.96. The company has a current ratio of 2.02, a quick ratio of 1.62 and a debt-to-equity ratio of 0.28. The company has a market cap of $55.63 billion, a PE ratio of 44.89, a price-to-earnings-growth ratio of 1.63 and a beta of 1.21. The stock has a 50-day moving average price of $325.69 and a 200-day moving average price of $323.02.

Keysight Technologies (NYSE:KEYSGet Free Report) last posted its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.59. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The company had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.75 billion. During the same period in the prior year, the business earned $1.72 earnings per share. Keysight Technologies’s revenue for the quarter was up 36.5% compared to the same quarter last year. 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. As a group, equities analysts forecast that Keysight Technologies Inc. will post 10.33 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $314.66, for a total value of $629,320.00. Following the transaction, the senior vice president owned 103,861 shares of the company’s stock, valued at $32,680,902.26. This represents a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 dated Thursday, June 25th. The shares were sold at an average price of $361.32, for a total value of $183,189.24. Following the sale, the chief executive officer owned 121,391 shares in the company, valued at $43,860,996.12. The trade was a 0.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 7,507 shares of company stock worth $2,451,909. 0.40% of the stock is currently owned by corporate insiders.

About Keysight Technologies

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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