Keysight Technologies Inc. $KEYS Shares Sold by Bell Asset Management Ltd

Bell Asset Management Ltd lessened its holdings in Keysight Technologies Inc. (NYSE:KEYS) by 3.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,289 shares of the scientific and technical instruments company’s stock after selling 1,161 shares during the period. Bell Asset Management Ltd’s holdings in Keysight Technologies were worth $5,127,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Korea Investment CORP lifted its position in Keysight Technologies by 36.3% in the second quarter. Korea Investment CORP now owns 137,166 shares of the scientific and technical instruments company’s stock valued at $22,476,000 after buying an additional 36,530 shares during the last quarter. Elevation Point Wealth Partners LLC raised its stake in shares of Keysight Technologies by 22.1% in the 2nd quarter. Elevation Point Wealth Partners LLC now owns 3,919 shares of the scientific and technical instruments company’s stock valued at $642,000 after acquiring an additional 710 shares during the period. Quadrant Capital Group LLC raised its stake in shares of Keysight Technologies by 54.1% in the 2nd quarter. Quadrant Capital Group LLC now owns 6,455 shares of the scientific and technical instruments company’s stock valued at $1,058,000 after acquiring an additional 2,265 shares during the period. Employees Retirement System of Texas acquired a new position in shares of Keysight Technologies in the 2nd quarter worth approximately $230,000. Finally, Russell Investments Group Ltd. boosted its position in shares of Keysight Technologies by 30.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 180,465 shares of the scientific and technical instruments company’s stock worth $29,582,000 after purchasing an additional 41,728 shares during the period. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $196.33 on Thursday. Keysight Technologies Inc. has a 12 month low of $121.43 and a 12 month high of $201.50. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94. The firm has a market capitalization of $33.74 billion, a PE ratio of 62.52, a price-to-earnings-growth ratio of 2.38 and a beta of 1.22. The business’s fifty day moving average price is $174.57 and its 200 day moving average price is $167.51.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Monday, November 24th. The scientific and technical instruments company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.08. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The business had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the prior year, the firm posted $1.65 EPS. The business’s quarterly revenue was up 10.1% compared to the same quarter last year. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. On average, sell-side analysts anticipate that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Keysight Technologies declared that its Board of Directors has initiated a stock repurchase plan on Monday, November 24th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the scientific and technical instruments company to buy up to 4.9% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

KEYS has been the topic of a number of research analyst reports. The Goldman Sachs Group reissued a “buy” rating and issued a $232.00 target price on shares of Keysight Technologies in a research report on Tuesday. Morgan Stanley lifted their price objective on Keysight Technologies from $180.00 to $208.00 and gave the company an “equal weight” rating in a research note on Tuesday. Wall Street Zen downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 1st. Susquehanna raised their target price on Keysight Technologies from $215.00 to $225.00 and gave the company a “positive” rating in a report on Tuesday. Finally, Wells Fargo & Company boosted their price target on shares of Keysight Technologies from $190.00 to $225.00 and gave the stock an “overweight” rating in a research note on Tuesday. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $214.82.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total value of $347,960.00. Following the transaction, the senior vice president directly owned 106,590 shares in the company, valued at $18,544,528.20. This represents a 1.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.61% of the stock is owned by company insiders.

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.