Dimensional Fund Advisors LP lessened its position in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 14.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,217,726 shares of the scientific and technical instruments company’s stock after selling 208,630 shares during the period. Dimensional Fund Advisors LP’s holdings in Keysight Technologies were worth $343,776,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of KEYS. Norges Bank bought a new position in Keysight Technologies during the fourth quarter valued at about $435,542,000. Focus Partners Wealth raised its position in Keysight Technologies by 3,941.3% in 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 acquiring an additional 1,371,488 shares in the last quarter. Woodline Partners LP bought a new stake in Keysight Technologies in the third quarter worth about $208,891,000. M&T Bank Corp lifted its holdings in Keysight Technologies by 9,349.0% in the 4th quarter. M&T Bank Corp now owns 1,048,176 shares of the scientific and technical instruments company’s stock valued at $212,979,000 after acquiring an additional 1,037,083 shares during the last quarter. Finally, Man Group plc lifted its holdings in Keysight Technologies by 164.3% in the 2nd quarter. Man Group plc now owns 1,010,399 shares of the scientific and technical instruments company’s stock valued at $165,564,000 after acquiring an additional 628,082 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.
Insider Activity at Keysight Technologies
In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $340.87, for a total transaction of $681,740.00. Following the transaction, the senior vice president directly owned 105,861 shares in the company, valued at approximately $36,084,839.07. The trade was a 1.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Satish Dhanasekaran sold 507 shares of the business’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $361.32, for a total transaction of $183,189.24. Following the sale, the chief executive officer directly owned 121,391 shares in the company, valued at approximately $43,860,996.12. This trade represents a 0.42% decrease in their ownership of the stock. 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 90 days, insiders sold 5,507 shares of company stock worth $1,904,669. 0.40% of the stock is owned by corporate insiders.
Keysight Technologies Price Performance
Keysight Technologies (NYSE:KEYS – Get Free Report) last posted its quarterly earnings data on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.32 by $0.55. Keysight Technologies had a net margin of 17.25% and a return on equity of 21.58%. The company had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.71 billion. During the same period in the prior year, the firm earned $1.70 earnings per share. The business’s quarterly revenue was up 31.5% on a year-over-year basis. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, analysts predict that Keysight Technologies Inc. will post 9.03 EPS for the current year.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on KEYS. Morgan Stanley lifted their price objective on shares of Keysight Technologies from $305.00 to $350.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 20th. Zacks Research raised shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Barclays raised their target price on shares of Keysight Technologies from $320.00 to $387.00 and gave the stock an “overweight” rating in a report on Wednesday, May 20th. Wall Street Zen upgraded shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 13th. Finally, Citigroup upped their price target on Keysight Technologies from $320.00 to $396.00 and gave the company a “buy” rating in a report on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $371.92.
Read Our Latest Report on Keysight Technologies
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.
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