PensionDanmark Pensionsforsikringsaktieselskab grew its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 9.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 50,201 shares of the scientific and technical instruments company’s stock after purchasing an additional 4,136 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Keysight Technologies were worth $17,574,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its position in Keysight Technologies by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 21,525,694 shares of the scientific and technical instruments company’s stock valued at $4,373,806,000 after buying an additional 101,856 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Keysight Technologies by 0.5% during the 4th 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 buying an additional 85,693 shares in the last quarter. State Street Corp raised its position in shares of Keysight Technologies by 2.5% during the 4th quarter. State Street Corp now owns 8,191,895 shares of the scientific and technical instruments company’s stock worth $1,664,511,000 after buying an additional 200,279 shares in the last quarter. Boston Partners lifted its stake in shares of Keysight Technologies by 3.4% in the 3rd quarter. Boston Partners now owns 4,870,268 shares of the scientific and technical instruments company’s stock worth $851,525,000 after acquiring an additional 160,728 shares during the period. Finally, Capital World Investors lifted its stake in shares of Keysight Technologies by 6.5% in 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 acquiring an additional 240,058 shares during the period. 84.58% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of research analysts recently commented on KEYS shares. JPMorgan Chase & Co. raised their price objective on shares of Keysight Technologies from $360.00 to $390.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. Robert W. Baird upped their target price on Keysight Technologies from $375.00 to $385.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 20th. Wells Fargo & Company increased their price target on Keysight Technologies from $300.00 to $390.00 and gave the company an “overweight” rating in a research note on Wednesday, May 20th. Barclays lifted their price target on Keysight Technologies from $320.00 to $387.00 and gave the company an “overweight” rating in a research report on Wednesday, May 20th. Finally, Wall Street Zen downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Keysight Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $371.92.
Insider Transactions at Keysight Technologies
In related news, CEO Satish Dhanasekaran sold 507 shares of Keysight Technologies stock in a transaction 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 transaction, the chief executive officer directly owned 121,391 shares in the company, valued at $43,860,996.12. The trade was a 0.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Cullen sold 3,000 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $346.58, for a total value of $1,039,740.00. Following the sale, the director directly owned 21,821 shares of the company’s stock, valued at approximately $7,562,722.18. This represents a 12.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 5,507 shares of company stock valued at $1,904,669 in the last three months. 0.40% of the stock is currently owned by corporate insiders.
Keysight Technologies Stock Up 1.2%
NYSE KEYS opened at $340.95 on Friday. Keysight Technologies Inc. has a 12 month low of $152.85 and a 12 month high of $374.96. The company has a market capitalization of $58.27 billion, a P/E ratio of 56.08, a PEG ratio of 1.92 and a beta of 1.22. The company’s 50 day simple moving average is $332.43 and its 200 day simple moving average is $306.69. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.90 and a quick ratio of 1.51.
Keysight Technologies (NYSE:KEYS – Get Free Report) last issued its earnings results 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 analysts’ expectations of $1.71 billion. Keysight Technologies had a net margin of 17.25% and a return on equity of 21.58%. The firm’s revenue for the quarter was up 31.5% compared to the same quarter last year. During the same period last year, the firm posted $1.70 earnings per share. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. Equities research analysts expect that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.
Keysight Technologies 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.
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