Royal Bank of Canada Has $139.48 Million Stake in Keysight Technologies Inc. $KEYS

Royal Bank of Canada trimmed its position in shares of Keysight Technologies Inc. (NYSE:KEYS) by 46.6% during the 1st quarter, HoldingsChannel reports. The firm owned 493,970 shares of the scientific and technical instruments company’s stock after selling 430,530 shares during the quarter. Royal Bank of Canada’s holdings in Keysight Technologies were worth $139,483,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Keysight Technologies during the fourth quarter valued at $435,542,000. Focus Partners Wealth raised its position 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 valued at $285,743,000 after buying an additional 1,371,488 shares during the period. Woodline Partners LP purchased a new stake in Keysight Technologies in the 3rd quarter worth about $208,891,000. M&T Bank Corp lifted its stake 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 worth $212,979,000 after acquiring an additional 1,037,083 shares in the last quarter. Finally, Man Group plc boosted its position in Keysight Technologies by 164.3% during the 2nd quarter. Man Group plc now owns 1,010,399 shares of the scientific and technical instruments company’s stock worth $165,564,000 after acquiring an additional 628,082 shares during the period. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Trading Up 5.4%

Shares of NYSE:KEYS opened at $312.62 on Friday. The company has a market cap of $53.43 billion, a P/E ratio of 51.42, a P/E/G ratio of 1.69 and a beta of 1.21. The stock’s 50-day moving average is $333.93 and its 200-day moving average is $302.22. Keysight Technologies Inc. has a 52-week low of $152.85 and a 52-week high of $374.96. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.51 and a current ratio of 1.90.

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

Insiders Place Their Bets

In other news, CEO Satish Dhanasekaran sold 507 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $361.32, for a total value of $183,189.24. Following the completion of the sale, the chief executive officer directly owned 121,391 shares of the company’s stock, valued at approximately $43,860,996.12. This represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $340.87, for a total transaction of $681,740.00. Following the completion of the sale, the senior vice president owned 105,861 shares in the company, valued at approximately $36,084,839.07. The trade was a 1.85% 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. Insiders have sold a total of 5,507 shares of company stock valued at $1,904,669 in the last three months. Company insiders own 0.40% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on KEYS. Robert W. Baird lifted their target price on Keysight Technologies from $375.00 to $385.00 and gave the company an “outperform” rating in a research note on Wednesday, May 20th. Wall Street Zen raised shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 13th. Citigroup raised their price target on shares of Keysight Technologies from $320.00 to $396.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. JPMorgan Chase & Co. boosted their price objective on shares of Keysight Technologies from $360.00 to $390.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. Finally, The Goldman Sachs Group reiterated 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, nine have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Keysight Technologies has a consensus rating of “Moderate Buy” and an average target price of $371.92.

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.