Cibc World Market Inc. Purchases New Shares in Keysight Technologies Inc. $KEYS

Cibc World Market Inc. purchased a new position in Keysight Technologies Inc. (NYSE:KEYS) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 9,549 shares of the scientific and technical instruments company’s stock, valued at approximately $3,343,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of KEYS. AQR Capital Management LLC raised its holdings in shares of 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 period. Integrated Wealth Concepts LLC lifted its position in shares of Keysight Technologies by 5.0% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company’s stock valued at $387,000 after acquiring an additional 122 shares in the last quarter. Empowered Funds LLC boosted its stake in Keysight Technologies by 30.0% in the 1st quarter. Empowered Funds LLC now owns 10,652 shares of the scientific and technical instruments company’s stock worth $1,595,000 after purchasing an additional 2,461 shares during the period. Geneos Wealth Management Inc. boosted its stake in Keysight Technologies by 66.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock worth $59,000 after purchasing an additional 157 shares during the period. Finally, Sivia Capital Partners LLC purchased a new position in Keysight Technologies during the 2nd quarter worth approximately $254,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Transactions at Keysight Technologies

In related news, Director James Cullen sold 3,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total value of $1,039,740.00. Following the transaction, the director owned 21,821 shares in the company, valued at approximately $7,562,722.18. This represents a 12.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $314.66, for a total transaction of $629,320.00. Following the transaction, the senior vice president directly owned 103,861 shares in the company, valued at approximately $32,680,902.26. The trade was a 1.89% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 10,507 shares of company stock valued at $3,491,649 in the last quarter. Corporate insiders own 0.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Susquehanna boosted their target price on shares of Keysight Technologies from $425.00 to $440.00 and gave the company a “positive” rating in a research note on Wednesday, August 19th. Barclays upped their price target on Keysight Technologies from $387.00 to $429.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. UBS Group increased their price objective on Keysight Technologies from $420.00 to $440.00 and gave the stock a “buy” rating in a research note on Wednesday, August 19th. Citigroup restated a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, August 19th. Finally, Truist Financial lifted their target price on Keysight Technologies from $376.00 to $400.00 and gave the company a “hold” rating in a research note on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $392.83.

Keysight Technologies Trading Up 0.7%

NYSE KEYS opened at $322.36 on Thursday. The company has a current ratio of 2.02, a quick ratio of 1.62 and a debt-to-equity ratio of 0.28. Keysight Technologies Inc. has a 1-year low of $158.79 and a 1-year high of $374.96. The firm’s fifty day simple moving average is $330.77 and its 200-day simple moving average is $317.98. The company has a market capitalization of $55.09 billion, a PE ratio of 44.28, a price-to-earnings-growth ratio of 1.82 and a beta of 1.22.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.48 by $0.59. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%.The firm had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.75 billion. During the same quarter last year, the firm earned $1.72 earnings per share. The business’s revenue for the quarter was up 36.5% on a year-over-year basis. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. As a group, sell-side analysts anticipate 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.