Verus Wealth Management LLC bought a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 1,447 shares of the scientific and technical instruments company’s stock, valued at approximately $527,000.
Several other institutional investors and hedge funds also recently made changes to their positions in KEYS. Contravisory Investment Management Inc. grew its holdings in Keysight Technologies by 5.2% during the 3rd quarter. Contravisory Investment Management Inc. now owns 5,469 shares of the scientific and technical instruments company’s stock worth $1,991,000 after acquiring an additional 269 shares in the last quarter. Ring Mountain Capital LLC bought a new stake in shares of Keysight Technologies in the 3rd quarter worth about $236,000. Fragasso Financial Advisors Inc raised its stake in shares of Keysight Technologies by 14.0% in the 3rd quarter. Fragasso Financial Advisors Inc now owns 690 shares of the scientific and technical instruments company’s stock valued at $264,000 after purchasing an additional 85 shares in the last quarter. Wedmont Private Capital raised its stake in shares of Keysight Technologies by 4.0% in the 3rd quarter. Wedmont Private Capital now owns 3,350 shares of the scientific and technical instruments company’s stock valued at $1,255,000 after purchasing an additional 129 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of Keysight Technologies by 28.9% in the 3rd quarter. GAMMA Investing LLC now owns 10,037 shares of the scientific and technical instruments company’s stock valued at $3,654,000 after purchasing an additional 2,249 shares in the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity
In other Keysight Technologies news, Director Jean Mcclung Nye sold 3,000 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $319.22, for a total value of $957,660.00. Following the transaction, the director owned 35,752 shares of the company’s stock, valued at $11,412,753.44. This trade represents a 7.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Satish Dhanasekaran sold 3,000 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $364.13, for a total value of $1,092,390.00. Following the completion of the transaction, the chief executive officer owned 118,391 shares of the company’s stock, valued at approximately $43,109,714.83. The trade was a 2.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 12,200 shares of company stock valued at $4,082,752 over the last quarter. Corporate insiders own 0.40% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Stock Report on Keysight Technologies
Keysight Technologies Stock Performance
KEYS stock traded down $7.18 during trading on Tuesday, hitting $370.51. 1,168,403 shares of the company’s stock traded hands, compared to its average volume of 1,400,052. The stock has a market capitalization of $63.08 billion, a price-to-earnings ratio of 50.89, a price-to-earnings-growth ratio of 1.21 and a beta of 1.17. Keysight Technologies Inc. has a 52 week low of $160.51 and a 52 week high of $389.93. The stock has a fifty day moving average price of $342.74 and a two-hundred day moving average price of $335.40. The company has a quick ratio of 1.62, a current ratio of 2.02 and a debt-to-equity ratio of 0.28.
Keysight Technologies (NYSE:KEYS – Get Free Report) last posted its quarterly earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $1.75 billion. During the same period last year, the firm posted $1.72 EPS. The company’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, equities analysts anticipate that Keysight Technologies Inc. will post 10.33 EPS for the current fiscal year.
Keysight Technologies Profile
Keysight Technologies, Inc is a technology company that provides electronic design and test solutions for communications, aerospace and defense, automotive, semiconductor, energy, and other industries. Its products and services help engineers design, validate, manufacture, and optimize electronic systems and communications networks.
The company offers test and measurement instruments, software, network test and visibility solutions, simulation and modeling tools, cybersecurity testing capabilities, and related technical services.
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