Van ECK Associates Corp Sells 128,867 Shares of Keysight Technologies Inc. $KEYS

Van ECK Associates Corp lessened its stake in shares of Keysight Technologies Inc. (NYSE:KEYS) by 99.5% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 588 shares of the scientific and technical instruments company’s stock after selling 128,867 shares during the period. Van ECK Associates Corp’s holdings in Keysight Technologies were worth $206,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of Keysight Technologies during the 2nd quarter worth approximately $7,030,806,000. Norges Bank acquired a new position in Keysight Technologies during the fourth quarter worth $435,542,000. Focus Partners Wealth increased its holdings in Keysight Technologies by 3,941.3% during the fourth quarter. Focus Partners Wealth now owns 1,406,286 shares of the scientific and technical instruments company’s stock worth $285,743,000 after buying an additional 1,371,488 shares during the last quarter. Legal & General Group Plc bought a new stake in Keysight Technologies during the second quarter worth $464,017,000. Finally, Woodline Partners LP bought a new stake in shares of Keysight Technologies in the 3rd quarter valued at about $208,891,000. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock opened at $326.79 on Friday. The business has a 50-day simple moving average of $325.95 and a 200 day simple moving average of $321.75. Keysight Technologies Inc. has a one year low of $158.79 and a one year high of $374.96. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.02 and a quick ratio of 1.62. The firm has a market capitalization of $55.63 billion, a price-to-earnings ratio of 44.89, a PEG ratio of 1.68 and a beta of 1.21.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, beating analysts’ consensus estimates of $2.48 by $0.59. The firm had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.75 billion. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%.The company’s revenue for the quarter was up 36.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.72 earnings per share. 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. On average, research analysts anticipate that Keysight Technologies Inc. will post 10.33 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Ingrid Estrada sold 2,000 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $314.66, for a total transaction of $629,320.00. Following the transaction, the senior vice president directly owned 103,861 shares in the company, valued at approximately $32,680,902.26. The trade was a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Satish Dhanasekaran sold 507 shares of the company’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $361.32, for a total value of $183,189.24. Following the completion of the transaction, the chief executive officer owned 121,391 shares of the company’s stock, valued at $43,860,996.12. This trade represents a 0.42% 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. Insiders have sold 7,507 shares of company stock valued at $2,451,909 in the last three months. 0.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on KEYS shares. Morgan Stanley upped their target price on Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. Wells Fargo & Company lifted their price objective on Keysight Technologies from $390.00 to $405.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. UBS Group upped their target price on Keysight Technologies from $420.00 to $440.00 and gave the company a “buy” 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, Wall Street Zen lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Keysight Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $392.83.

About Keysight Technologies

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.