Confluence Investment Management LLC increased its stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 2.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 334,338 shares of the scientific and technical instruments company’s stock after buying an additional 7,398 shares during the period. Confluence Investment Management LLC owned 0.19% of Keysight Technologies worth $67,934,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Keysight Technologies by 0.5% in the 3rd quarter. Vanguard Group Inc. now owns 21,423,838 shares of the scientific and technical instruments company’s stock valued at $3,747,458,000 after acquiring an additional 97,064 shares during the period. State Street Corp grew its position in shares of Keysight Technologies by 0.7% in the second quarter. State Street Corp now owns 7,973,742 shares of the scientific and technical instruments company’s stock valued at $1,306,577,000 after purchasing an additional 55,358 shares during the last quarter. Boston Partners increased its stake in shares of Keysight Technologies by 3.4% during the third quarter. Boston Partners now owns 4,870,268 shares of the scientific and technical instruments company’s stock worth $851,525,000 after purchasing an additional 160,728 shares during the period. Capital World Investors increased its stake in shares of Keysight Technologies by 1.6% during the third quarter. Capital World Investors now owns 3,700,709 shares of the scientific and technical instruments company’s stock worth $647,328,000 after purchasing an additional 58,039 shares during the period. Finally, Victory Capital Management Inc. lifted its holdings in Keysight Technologies by 8.5% during the 3rd quarter. Victory Capital Management Inc. now owns 3,021,463 shares of the scientific and technical instruments company’s stock worth $528,514,000 after purchasing an additional 237,563 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms recently issued reports on KEYS. Susquehanna restated a “positive” rating and issued a $300.00 price target on shares of Keysight Technologies in a research note on Tuesday, February 24th. Wells Fargo & Company lifted their target price on Keysight Technologies from $225.00 to $300.00 and gave the stock an “overweight” rating in a report on Tuesday, February 24th. JPMorgan Chase & Co. boosted their target price on shares of Keysight Technologies from $255.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday, February 24th. Morgan Stanley upped their price target on shares of Keysight Technologies from $227.00 to $268.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 24th. Finally, The Goldman Sachs Group raised their price target on shares of Keysight Technologies from $243.00 to $322.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Keysight Technologies presently has an average rating of “Moderate Buy” and an average target price of $295.36.
Keysight Technologies Trading Up 2.2%
Shares of NYSE:KEYS opened at $290.29 on Friday. The company has a market capitalization of $49.78 billion, a P/E ratio of 52.30, a P/E/G ratio of 2.21 and a beta of 1.12. Keysight Technologies Inc. has a 1 year low of $121.43 and a 1 year high of $317.00. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.60 and a quick ratio of 2.02. The business’s 50 day simple moving average is $248.17 and its 200 day simple moving average is $206.34.
Keysight Technologies (NYSE:KEYS – Get Free Report) last announced its quarterly earnings data on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share for the quarter, beating the consensus estimate of $2.00 by $0.17. The firm had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Keysight Technologies had a return on equity of 19.26% and a net margin of 16.84%.The company’s quarterly revenue was up 23.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $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, research analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.
Keysight Technologies declared that its Board of Directors 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 repurchase up to 4.9% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.
Insider Buying and Selling
In other Keysight Technologies news, SVP Sung Yoon sold 889 shares of the stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $206.66, for a total transaction of $183,720.74. Following the sale, the senior vice president directly owned 16,953 shares in the company, valued at $3,503,506.98. This represents a 4.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Jo Ann Juskie sold 1,000 shares of the firm’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $304.42, for a total transaction of $304,420.00. Following the completion of the transaction, the senior vice president directly owned 12,552 shares in the company, valued at approximately $3,821,079.84. This represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 34,889 shares of company stock valued at $9,746,021 in the last ninety days. Insiders own 0.40% of the company’s stock.
Keysight Technologies Company 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.
Further Reading
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