CIBC Private Wealth Group LLC trimmed its holdings in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 2.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 158,100 shares of the scientific and technical instruments company’s stock after selling 3,247 shares during the period. CIBC Private Wealth Group LLC owned approximately 0.09% of Keysight Technologies worth $27,655,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently made changes to their positions in the stock. Prospera Financial Services Inc grew its position in shares of Keysight Technologies by 3.7% in the third quarter. Prospera Financial Services Inc now owns 1,889 shares of the scientific and technical instruments company’s stock valued at $330,000 after purchasing an additional 67 shares in the last quarter. BlackDiamond Wealth Management LLC lifted its holdings in Keysight Technologies by 3.9% during the 2nd quarter. BlackDiamond Wealth Management LLC now owns 1,796 shares of the scientific and technical instruments company’s stock worth $295,000 after purchasing an additional 68 shares in the last quarter. Advisors Capital Management LLC boosted its stake in Keysight Technologies by 3.5% in the 3rd quarter. Advisors Capital Management LLC now owns 2,077 shares of the scientific and technical instruments company’s stock worth $363,000 after purchasing an additional 71 shares during the period. Atlantic Union Bankshares Corp grew its holdings in Keysight Technologies by 36.2% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 286 shares of the scientific and technical instruments company’s stock valued at $50,000 after buying an additional 76 shares in the last quarter. Finally, CI Investments Inc. grew its holdings in Keysight Technologies by 9.6% during the 3rd quarter. CI Investments Inc. now owns 898 shares of the scientific and technical instruments company’s stock valued at $157,000 after buying an additional 79 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.
Insiders Place Their Bets
In other news, SVP Sung Yoon sold 889 shares of the firm’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $206.66, for a total value of $183,720.74. Following the transaction, the senior vice president owned 16,953 shares in the company, valued at approximately $3,503,506.98. This trade represents a 4.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies 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 transaction, the senior vice president directly owned 107,861 shares in the company, valued at approximately $25,636,402.48. The trade was a 1.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 34,889 shares of company stock worth $9,746,021. 0.40% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Keysight Technologies Stock Up 2.2%
Shares of NYSE:KEYS opened at $290.29 on Friday. The stock has a market capitalization of $49.78 billion, a P/E ratio of 52.30, a price-to-earnings-growth ratio of 2.21 and a beta of 1.12. The stock’s 50-day moving average price is $248.17 and its 200-day moving average price is $206.34. The company has a current ratio of 2.60, a quick ratio of 2.02 and a debt-to-equity ratio of 0.41. Keysight Technologies Inc. has a 12-month low of $121.43 and a 12-month high of $317.00.
Keysight Technologies (NYSE:KEYS – Get Free Report) last released its earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $2.00 by $0.17. The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.54 billion. Keysight Technologies had a return on equity of 19.26% and a net margin of 16.84%.Keysight Technologies’s revenue for the quarter was up 23.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.82 EPS. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. On average, equities analysts anticipate that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.
Keysight Technologies declared that its board has initiated a share repurchase plan on Monday, November 24th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the scientific and technical instruments company to buy up to 4.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.
Keysight Technologies Profile
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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