Banco Bilbao Vizcaya Argentaria S.A. Acquires 40,492 Shares of Keysight Technologies Inc. $KEYS

Banco Bilbao Vizcaya Argentaria S.A. increased its stake in Keysight Technologies Inc. (NYSE:KEYSFree Report) by 93.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 83,694 shares of the scientific and technical instruments company’s stock after purchasing an additional 40,492 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Keysight Technologies were worth $14,632,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Norges Bank purchased a new stake in Keysight Technologies in the second quarter worth about $316,690,000. Allspring Global Investments Holdings LLC raised its stake in shares of Keysight Technologies by 2,290.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,421,437 shares of the scientific and technical instruments company’s stock worth $246,051,000 after buying an additional 1,361,969 shares during the period. Man Group plc lifted its position in shares of Keysight Technologies by 164.3% during the 2nd quarter. Man Group plc now owns 1,010,399 shares of the scientific and technical instruments company’s stock valued at $165,564,000 after buying an additional 628,082 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Keysight Technologies by 2,004.8% during the 2nd quarter. AQR Capital Management LLC now owns 572,836 shares of the scientific and technical instruments company’s stock valued at $93,865,000 after acquiring an additional 545,620 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Keysight Technologies by 71.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,134,974 shares of the scientific and technical instruments company’s stock valued at $198,530,000 after acquiring an additional 472,806 shares during the period. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 1,000 shares of Keysight Technologies stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $203.72, for a total value of $203,720.00. Following the sale, the chief financial officer directly owned 127,833 shares in the company, valued at approximately $26,042,138.76. The trade was a 0.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $237.68, for a total transaction of $475,360.00. Following the completion of the sale, the senior vice president owned 107,861 shares in the company, valued at approximately $25,636,402.48. The trade was a 1.82% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 4,889 shares of company stock valued at $1,167,221. Insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Wells Fargo & Company raised their target price on shares of Keysight Technologies from $225.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of Keysight Technologies in a research report on Monday, December 29th. Barclays increased their price objective on shares of Keysight Technologies from $232.00 to $320.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 24th. Robert W. Baird raised their price objective on shares of Keysight Technologies from $230.00 to $257.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. Finally, Zacks Research upgraded shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $295.36.

Get Our Latest Analysis on Keysight Technologies

Keysight Technologies Stock Down 1.1%

NYSE KEYS opened at $279.62 on Monday. Keysight Technologies Inc. has a 12 month low of $121.43 and a 12 month high of $317.00. The company has a current ratio of 2.60, a quick ratio of 2.02 and a debt-to-equity ratio of 0.41. The stock has a market cap of $47.95 billion, a PE ratio of 50.38, a P/E/G ratio of 2.18 and a beta of 1.12. The stock’s 50 day moving average is $242.06 and its 200 day moving average is $203.49.

Keysight Technologies (NYSE:KEYSGet Free Report) last announced its quarterly earnings data on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.00 by $0.17. Keysight Technologies had a net margin of 16.84% and a return on equity of 19.26%. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same period last year, the firm posted $1.82 EPS. The company’s revenue was up 23.3% on a year-over-year basis. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. Research analysts predict that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Keysight Technologies declared that its Board of Directors has approved a share repurchase plan on Monday, November 24th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the scientific and technical instruments company to repurchase up to 4.9% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s management believes its shares are undervalued.

About Keysight Technologies

(Free Report)

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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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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