First Manhattan CO. LLC. Trims Position in Keysight Technologies Inc. $KEYS

First Manhattan CO. LLC. lessened its position in shares of Keysight Technologies Inc. (NYSE:KEYS) by 9.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 288,337 shares of the scientific and technical instruments company’s stock after selling 29,815 shares during the quarter. First Manhattan CO. LLC.’s holdings in Keysight Technologies were worth $58,587,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of KEYS. AQR Capital Management LLC increased its position in 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 acquiring an additional 13,085 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in Keysight Technologies by 5.0% in the first quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company’s stock worth $387,000 after buying an additional 122 shares in the last quarter. Empowered Funds LLC increased its position in Keysight Technologies by 30.0% in the first quarter. Empowered Funds LLC now owns 10,652 shares of the scientific and technical instruments company’s stock worth $1,595,000 after buying an additional 2,461 shares in the last quarter. Geneos Wealth Management Inc. increased its position in Keysight Technologies by 66.5% in the first 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 in the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in Keysight Technologies in the second quarter worth about $254,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on KEYS. Susquehanna upped their price target on Keysight Technologies from $415.00 to $425.00 and gave the stock a “positive” rating in a research report on Wednesday, May 20th. Citigroup upped their price target on Keysight Technologies from $320.00 to $396.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Wells Fargo & Company upped their price target on Keysight Technologies from $300.00 to $390.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 20th. Weiss Ratings restated a “hold (c+)” rating on shares of Keysight Technologies in a research report on Wednesday, June 3rd. Finally, Barclays upped their price target on Keysight Technologies from $320.00 to $387.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 20th. One research 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’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $371.92.

Keysight Technologies Stock Performance

NYSE KEYS opened at $350.12 on Thursday. The firm has a market cap of $59.83 billion, a price-to-earnings ratio of 57.59, a price-to-earnings-growth ratio of 2.00 and a beta of 1.22. 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 business has a 50-day moving average price of $341.80 and a 200-day moving average price of $275.49. Keysight Technologies Inc. has a twelve month low of $152.85 and a twelve month high of $370.17.

Keysight Technologies (NYSE:KEYS) last released 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 firm had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.71 billion. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The business’s quarterly revenue was up 31.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.70 earnings per share. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. As a group, equities research analysts predict that Keysight Technologies Inc. will post 9.03 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Satish Dhanasekaran sold 1,667 shares of the company’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $300.00, for a total value of $500,100.00. Following the completion of the transaction, the chief executive officer owned 122,398 shares of the company’s stock, valued at $36,719,400. This represents a 1.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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 value of $596,740.00. Following the completion of the transaction, the chief financial officer directly owned 125,272 shares of the company’s stock, valued at approximately $37,377,406.64. This trade represents a 1.57% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 8,667 shares of company stock worth $2,730,960. 0.40% of the stock is currently owned by insiders.

Keysight Technologies Company Profile

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.