CIBC Asset Management Inc Sells 158,666 Shares of Keysight Technologies Inc. $KEYS

CIBC Asset Management Inc lessened its stake in Keysight Technologies Inc. (NYSE:KEYS) by 84.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,100 shares of the scientific and technical instruments company’s stock after selling 158,666 shares during the period. CIBC Asset Management Inc’s holdings in Keysight Technologies were worth $5,090,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. AQR Capital Management LLC increased its position 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 worth $3,965,000 after acquiring an additional 13,085 shares during the period. Integrated Wealth Concepts LLC increased its holdings in Keysight Technologies by 5.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company’s stock worth $387,000 after purchasing an additional 122 shares during the period. Empowered Funds LLC increased its holdings in Keysight Technologies by 30.0% during 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. raised its position in Keysight Technologies by 66.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock valued at $59,000 after purchasing an additional 157 shares in the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in shares of Keysight Technologies in the 2nd quarter worth $254,000. Institutional investors own 84.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Wells Fargo & Company lifted their price objective on Keysight Technologies from $190.00 to $225.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. Barclays boosted their price target on shares of Keysight Technologies from $195.00 to $232.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. Susquehanna increased their price objective on shares of Keysight Technologies from $215.00 to $225.00 and gave the company a “positive” rating in a research note on Tuesday, November 25th. Citigroup lifted their price objective on shares of Keysight Technologies from $215.00 to $220.00 and gave the company a “buy” rating in a report on Tuesday, November 25th. Finally, Morgan Stanley upped their target price on Keysight Technologies from $208.00 to $227.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Eight analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $219.82.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 4,230 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $211.43, for a total transaction of $894,348.90. Following the transaction, the chief executive officer owned 128,131 shares in the company, valued at approximately $27,090,737.33. This represents a 3.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Sung Yoon sold 889 shares of Keysight Technologies stock in a transaction on Tuesday, December 30th. The stock was sold at an average price of $206.66, for a total transaction of $183,720.74. Following the sale, the senior vice president owned 16,953 shares of the company’s stock, valued at $3,503,506.98. The trade was a 4.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 78,784 shares of company stock worth $15,841,737 in the last 90 days. 0.61% of the stock is owned by insiders.

Keysight Technologies Trading Up 1.6%

Shares of NYSE:KEYS opened at $217.79 on Wednesday. The business’s 50-day moving average is $204.69 and its 200 day moving average is $181.77. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.35 and a quick ratio of 1.78. Keysight Technologies Inc. has a 1 year low of $121.43 and a 1 year high of $220.12. The firm has a market capitalization of $37.42 billion, a P/E ratio of 44.54, a P/E/G ratio of 2.25 and a beta of 1.18.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Monday, November 24th. The scientific and technical instruments company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.08. Keysight Technologies had a return on equity of 19.30% and a net margin of 15.71%.The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter last year, the company earned $1.65 earnings per share. The company’s quarterly revenue was up 10.1% on a year-over-year basis. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. On average, research analysts predict that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Keysight Technologies announced that its board has approved a stock repurchase plan on Monday, November 24th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the scientific and technical instruments company to purchase up to 4.9% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its shares are undervalued.

About Keysight Technologies

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.