Prudential PLC trimmed its position in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 2.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 57,385 shares of the scientific and technical instruments company’s stock after selling 1,600 shares during the quarter. Prudential PLC’s holdings in Keysight Technologies were worth $11,660,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also modified their holdings of KEYS. Norges Bank acquired a new stake in shares of Keysight Technologies in the fourth quarter worth $435,542,000. Woodline Partners LP acquired a new stake in shares of Keysight Technologies in the third quarter worth $208,891,000. M&T Bank Corp lifted its stake in shares of Keysight Technologies by 9,349.0% in the fourth 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 buying an additional 1,037,083 shares during the last quarter. Man Group plc lifted its stake in shares of Keysight Technologies by 164.3% in the second quarter. Man Group plc now owns 1,010,399 shares of the scientific and technical instruments company’s stock worth $165,564,000 after buying an additional 628,082 shares during the last quarter. Finally, AQR Capital Management LLC lifted its stake in shares of Keysight Technologies by 2,004.8% in the second quarter. AQR Capital Management LLC now owns 572,836 shares of the scientific and technical instruments company’s stock worth $93,865,000 after buying an additional 545,620 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on KEYS shares. The Goldman Sachs Group restated a “buy” rating on shares of Keysight Technologies in a research note on Wednesday, May 20th. Wells Fargo & Company boosted their price objective on shares of Keysight Technologies from $300.00 to $390.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 20th. Bank of America upgraded shares of Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 price objective for the company in a research note on Tuesday, February 24th. Robert W. Baird boosted their target price on shares of Keysight Technologies from $375.00 to $385.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 20th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Keysight Technologies from $360.00 to $390.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. One 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. Based on data from MarketBeat.com, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $371.92.
Keysight Technologies Trading Down 3.9%
Shares of Keysight Technologies stock opened at $329.67 on Friday. The firm has a market capitalization of $56.54 billion, a PE ratio of 54.22, a price-to-earnings-growth ratio of 1.96 and a beta of 1.22. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.90 and a quick ratio of 1.51. The company’s fifty day moving average price is $332.65 and its two-hundred day moving average price is $265.85. Keysight Technologies Inc. has a 52-week low of $152.85 and a 52-week high of $370.17.
Keysight Technologies (NYSE:KEYS – Get Free Report) last announced its quarterly earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.55. The firm had revenue of $1.72 billion for 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 business’s revenue for the quarter was up 31.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.70 EPS. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, analysts expect that Keysight Technologies Inc. will post 9.03 EPS for the current year.
Insider Transactions at Keysight Technologies
In other news, SVP Jeffrey K. Li sold 2,000 shares of the company’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $297.19, for a total value of $594,380.00. Following the sale, the senior vice president owned 34,499 shares of the company’s stock, valued at approximately $10,252,757.81. This represents a 5.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Neil Dougherty sold 2,000 shares of the company’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $298.37, for a total transaction of $596,740.00. Following the completion of the sale, the chief financial officer directly owned 125,272 shares in the company, valued at approximately $37,377,406.64. The trade was a 1.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 40,334 shares of company stock worth $11,793,190. 0.40% of the stock is currently owned by company insiders.
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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