Pacer Advisors Inc. Sells 159,922 Shares of Keysight Technologies Inc. $KEYS

Pacer Advisors Inc. reduced its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS) by 94.0% in the first quarter, HoldingsChannel.com reports. The fund owned 10,136 shares of the scientific and technical instruments company’s stock after selling 159,922 shares during the quarter. Pacer Advisors Inc.’s holdings in Keysight Technologies were worth $2,862,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KEYS. Vanguard Group Inc. grew its stake in Keysight Technologies by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 21,525,694 shares of the scientific and technical instruments company’s stock worth $4,373,806,000 after purchasing an additional 101,856 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in Keysight Technologies by 0.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 17,419,811 shares of the scientific and technical instruments company’s stock worth $3,539,532,000 after purchasing an additional 85,693 shares in the last quarter. State Street Corp lifted its stake in Keysight Technologies by 2.5% in the fourth quarter. State Street Corp now owns 8,191,895 shares of the scientific and technical instruments company’s stock valued at $1,664,511,000 after buying an additional 200,279 shares during the period. Boston Partners lifted its stake in Keysight Technologies by 3.4% in the third quarter. Boston Partners now owns 4,870,268 shares of the scientific and technical instruments company’s stock valued at $851,525,000 after buying an additional 160,728 shares during the period. Finally, Capital World Investors boosted its holdings in shares of Keysight Technologies by 6.5% during the 4th quarter. Capital World Investors now owns 3,940,767 shares of the scientific and technical instruments company’s stock worth $800,732,000 after buying an additional 240,058 shares in the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Activity

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

Keysight Technologies Price Performance

Shares of NYSE KEYS opened at $337.28 on Friday. The stock has a market cap of $57.64 billion, a price-to-earnings ratio of 55.47, a PEG ratio of 1.91 and a beta of 1.22. 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 Inc. has a fifty-two week low of $152.85 and a fifty-two week high of $374.96. The firm’s 50-day simple moving average is $332.38 and its 200 day simple moving average is $306.45.

Keysight Technologies (NYSE:KEYS) 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, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter in the prior year, the company posted $1.70 earnings per share. Keysight Technologies’s revenue was up 31.5% compared to the same quarter last year. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. As a group, research analysts anticipate that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on KEYS. Morgan Stanley raised 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 report on Wednesday, May 20th. UBS Group boosted their target price on shares of Keysight Technologies from $340.00 to $420.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. JPMorgan Chase & Co. increased their target price on shares of Keysight Technologies from $360.00 to $390.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. Truist Financial lifted their price target on shares of Keysight Technologies from $310.00 to $376.00 and gave the company a “hold” rating in a research note on Thursday, May 21st. Finally, Citigroup upped their price objective on shares of 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, nine have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus 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.