The Manufacturers Life Insurance Company Sells 5,320 Shares of Keysight Technologies Inc. $KEYS

The Manufacturers Life Insurance Company reduced its holdings in shares of Keysight Technologies Inc. (NYSE:KEYSFree Report) by 5.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,902 shares of the scientific and technical instruments company’s stock after selling 5,320 shares during the period. The Manufacturers Life Insurance Company’s holdings in Keysight Technologies were worth $25,950,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of KEYS. AQR Capital Management LLC increased its stake in shares of Keysight Technologies by 92.6% during the first quarter. AQR Capital Management LLC now owns 27,216 shares of the scientific and technical instruments company’s stock valued at $3,965,000 after purchasing an additional 13,085 shares in the last quarter. Integrated Wealth Concepts LLC boosted its position in shares of Keysight Technologies by 5.0% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company’s stock worth $387,000 after purchasing an additional 122 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Keysight Technologies by 30.0% in the 1st quarter. Empowered Funds LLC now owns 10,652 shares of the scientific and technical instruments company’s stock worth $1,595,000 after purchasing an additional 2,461 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Keysight Technologies by 66.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock worth $59,000 after buying an additional 157 shares during the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in shares of Keysight Technologies in the 2nd quarter worth approximately $254,000. Institutional investors own 84.58% of the company’s stock.

Insiders Place Their Bets

In other Keysight Technologies news, Director James Cullen sold 3,000 shares of Keysight Technologies stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total value of $1,039,740.00. Following the completion of the sale, the director owned 21,821 shares of the company’s stock, valued at approximately $7,562,722.18. This trade represents a 12.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $340.87, for a total value of $681,740.00. Following the completion of the transaction, the senior vice president owned 105,861 shares of the company’s stock, valued at $36,084,839.07. This represents a 1.85% decrease in their position. 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 valued at $1,904,669. Corporate insiders own 0.40% of the company’s stock.

Keysight Technologies Trading Up 2.3%

NYSE:KEYS opened at $319.96 on Friday. The stock has a market cap of $54.68 billion, a price-to-earnings ratio of 52.63, a PEG ratio of 1.78 and a beta of 1.21. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.29. The company’s 50 day moving average price is $333.40 and its 200-day moving average price is $302.34. Keysight Technologies Inc. has a 52 week low of $152.85 and a 52 week high of $374.96.

Keysight Technologies (NYSE:KEYSGet Free Report) last announced its quarterly earnings data on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share for the quarter, topping analysts’ consensus estimates of $2.32 by $0.55. The company had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.71 billion. Keysight Technologies had a net margin of 17.25% and a return on equity of 21.58%. The firm’s revenue for the quarter was up 31.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.70 EPS. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, equities research analysts forecast that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on KEYS. Citigroup raised their price objective on Keysight Technologies from $320.00 to $396.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Wells Fargo & Company boosted their target price on Keysight Technologies from $300.00 to $390.00 and gave the stock an “overweight” rating in a report on Wednesday, May 20th. Truist Financial increased their target price on Keysight Technologies from $310.00 to $376.00 and gave the stock a “hold” rating in a research note on Thursday, May 21st. Susquehanna raised their price target on Keysight Technologies from $415.00 to $425.00 and gave the company a “positive” rating in a report on Wednesday, May 20th. Finally, JPMorgan Chase & Co. lifted their price target on Keysight Technologies from $360.00 to $390.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $371.92.

View Our Latest Stock Report on KEYS

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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