Acadian Asset Management LLC Purchases New Position in Keysight Technologies Inc. $KEYS

Acadian Asset Management LLC purchased a new stake in Keysight Technologies Inc. (NYSE:KEYS) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor purchased 8,668 shares of the scientific and technical instruments company’s stock, valued at approximately $1,297,000.

Other large investors have also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division grew its stake in shares of Keysight Technologies by 97.8% in the first quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company’s stock valued at $27,000 after buying an additional 90 shares in the last quarter. Accent Capital Management LLC acquired a new stake in Keysight Technologies in the first quarter valued at approximately $28,000. Manchester Capital Management LLC grew its position in Keysight Technologies by 85.0% in the first quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company’s stock valued at $35,000 after acquiring an additional 108 shares in the last quarter. Zions Bancorporation National Association UT acquired a new stake in Keysight Technologies in the first quarter valued at approximately $36,000. Finally, WPG Advisers LLC acquired a new stake in Keysight Technologies in the first quarter valued at approximately $39,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Stock Up 0.4%

NYSE:KEYS opened at $172.83 on Thursday. The company has a market capitalization of $29.70 billion, a price-to-earnings ratio of 55.04, a price-to-earnings-growth ratio of 2.40 and a beta of 1.16. Keysight Technologies Inc. has a one year low of $121.43 and a one year high of $186.20. The stock has a 50-day simple moving average of $165.27 and a 200 day simple moving average of $157.27. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.94 and a current ratio of 3.59.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.05. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period last year, the firm earned $1.57 earnings per share. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. Sell-side analysts predict that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 10,000 shares of Keysight Technologies stock in a transaction on Friday, June 20th. The shares were sold at an average price of $158.97, for a total value of $1,589,700.00. Following the completion of the transaction, the senior vice president owned 108,590 shares of the company’s stock, valued at $17,262,552.30. The trade was a 8.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Neil Dougherty sold 12,215 shares of Keysight Technologies stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $164.60, for a total transaction of $2,010,589.00. Following the completion of the transaction, the chief financial officer directly owned 115,228 shares of the company’s stock, valued at $18,966,528.80. This trade represents a 9.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.61% of the company’s stock.

Analyst Ratings Changes

KEYS has been the subject of a number of recent analyst reports. Wall Street Zen raised shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a report on Friday, September 5th. JPMorgan Chase & Co. raised their target price on Keysight Technologies from $177.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Bank of America raised their target price on Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a research note on Wednesday, August 20th. Finally, Barclays lowered their price objective on Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a research note on Wednesday, August 20th. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $187.38.

About Keysight Technologies

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.