PNC Financial Services Group Inc. Raises Holdings in Keysight Technologies Inc. $KEYS

PNC Financial Services Group Inc. boosted its position in Keysight Technologies Inc. (NYSE:KEYS) by 6.2% during the first quarter, Holdings Channel.com reports. The fund owned 62,223 shares of the scientific and technical instruments company’s stock after purchasing an additional 3,630 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Keysight Technologies were worth $17,570,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Keysight Technologies in the 4th quarter worth about $435,542,000. Focus Partners Wealth lifted its stake in shares of Keysight Technologies by 3,941.3% in the 4th 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 purchasing an additional 1,371,488 shares in the last quarter. Woodline Partners LP purchased a new stake in shares of Keysight Technologies during the 3rd quarter worth about $208,891,000. M&T Bank Corp grew its holdings in shares of Keysight Technologies by 9,349.0% during 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 purchasing an additional 1,037,083 shares during the period. Finally, Man Group plc increased 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 purchasing an additional 628,082 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Truist Financial raised their price target on shares of Keysight Technologies from $310.00 to $376.00 and gave the company a “hold” rating in a report on Thursday, May 21st. Citigroup boosted their price objective on shares of Keysight Technologies from $320.00 to $396.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Susquehanna increased their price objective on shares of Keysight Technologies from $415.00 to $425.00 and gave the stock a “positive” rating in a research report on Wednesday, May 20th. Weiss Ratings raised shares of Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. Finally, UBS Group lifted their target price on shares of Keysight Technologies from $340.00 to $420.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $371.92.

Insider Activity at Keysight Technologies

In related news, Director James Cullen sold 3,000 shares of Keysight Technologies stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $346.58, for a total transaction of $1,039,740.00. Following the sale, the director owned 21,821 shares of the company’s stock, valued at $7,562,722.18. The trade was a 12.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Ingrid A. Estrada sold 2,000 shares of the business’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 transaction, the senior vice president owned 105,861 shares in the company, valued at $36,084,839.07. This represents 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. In the last three months, insiders sold 5,507 shares of company stock valued at $1,904,669. Corporate insiders own 0.40% of the company’s stock.

Keysight Technologies Stock Down 1.8%

NYSE KEYS opened at $319.22 on Friday. The stock has a market cap of $54.55 billion, a PE ratio of 52.50, a P/E/G ratio of 1.85 and a beta of 1.21. Keysight Technologies Inc. has a fifty-two week low of $152.85 and a fifty-two week high of $374.96. The business has a 50 day moving average price of $336.66 and a two-hundred day moving average price of $298.85. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.29.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share (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 for the quarter, compared to analyst estimates of $1.71 billion. During the same quarter last year, the firm posted $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. As a group, sell-side analysts predict that Keysight Technologies Inc. will post 9.03 EPS for the current fiscal year.

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.