Caisse de depot et placement du Quebec acquired a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 240,323 shares of the scientific and technical instruments company’s stock, valued at approximately $84,130,000. Caisse de depot et placement du Quebec owned about 0.14% of Keysight Technologies as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in KEYS. BlackRock Inc. bought a new stake in shares of Keysight Technologies during the second quarter valued at approximately $7,030,806,000. Norges Bank bought a new stake in Keysight Technologies during the 4th quarter valued at $435,542,000. Focus Partners Wealth lifted its holdings 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 worth $285,743,000 after buying an additional 1,371,488 shares during the period. Legal & General Group Plc purchased a new stake in shares of Keysight Technologies in the 2nd quarter worth $464,017,000. Finally, Woodline Partners LP bought a new position in shares of Keysight Technologies during the 3rd quarter worth $208,891,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.
Insiders Place Their Bets
In related news, Director Jean Mcclung Nye sold 3,000 shares of the company’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $319.22, for a total transaction of $957,660.00. Following the transaction, the director directly owned 35,752 shares of the company’s stock, valued at $11,412,753.44. This represents a 7.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $314.66, for a total value of $629,320.00. Following the completion of the sale, the senior vice president directly owned 103,861 shares of the company’s stock, valued at approximately $32,680,902.26. This represents a 1.89% 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. Insiders sold 10,507 shares of company stock worth $3,491,649 over the last quarter. Company insiders own 0.40% of the company’s stock.
Keysight Technologies Trading Up 1.4%
Keysight Technologies (NYSE:KEYS – Get Free Report) last announced its earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.59. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same period last year, the firm earned $1.72 earnings per share. Keysight Technologies’s revenue was up 36.5% compared to the same quarter last year. 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 forecast that Keysight Technologies Inc. will post 10.03 EPS for the current fiscal year.
Analysts Set New Price Targets
KEYS has been the subject of several recent research reports. Barclays lifted their price objective on Keysight Technologies from $387.00 to $429.00 and gave the company an “overweight” rating in a report on Wednesday, August 19th. Wells Fargo & Company increased their target price on shares of Keysight Technologies from $390.00 to $405.00 and gave the stock an “overweight” rating in a report on Wednesday, August 19th. Morgan Stanley raised their target price on shares of Keysight Technologies from $400.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. Susquehanna boosted their price target on shares of Keysight Technologies from $425.00 to $440.00 and gave the company a “positive” rating in a report on Wednesday, August 19th. Finally, Weiss Ratings raised shares of Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $392.83.
Get Our Latest Analysis on KEYS
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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