Community Trust & Investment Co. Lowers Stake in Keysight Technologies Inc. $KEYS

Community Trust & Investment Co. decreased its position in Keysight Technologies Inc. (NYSE:KEYSFree Report) by 4.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 103,340 shares of the scientific and technical instruments company’s stock after selling 4,830 shares during the quarter. Keysight Technologies accounts for 1.1% of Community Trust & Investment Co.’s portfolio, making the stock its 27th largest position. Community Trust & Investment Co. owned about 0.06% of Keysight Technologies worth $20,998,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Optiver Holding B.V. bought a new position in shares of Keysight Technologies in the third quarter worth approximately $35,000. Westfuller Advisors LLC bought a new position in shares of Keysight Technologies in the 3rd quarter worth approximately $45,000. True Wealth Design LLC grew its position in shares of Keysight Technologies by 68.5% in the 3rd quarter. True Wealth Design LLC now owns 278 shares of the scientific and technical instruments company’s stock worth $49,000 after buying an additional 113 shares during the period. Atlantic Union Bankshares Corp raised its stake in Keysight Technologies by 36.2% during the third 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 during the last quarter. Finally, Root Financial Partners LLC purchased a new position in Keysight Technologies in the 3rd quarter worth approximately $51,000. 84.58% of the stock is owned by institutional investors.

Keysight Technologies Trading Up 4.2%

Shares of NYSE KEYS opened at $289.30 on Tuesday. Keysight Technologies Inc. has a twelve month low of $121.43 and a twelve month high of $317.00. The firm has a market cap of $49.61 billion, a PE ratio of 52.13, a price-to-earnings-growth ratio of 2.16 and a beta of 1.12. The business has a fifty day simple moving average of $251.18 and a two-hundred day simple moving average of $208.60. The company has a quick ratio of 2.02, a current ratio of 2.60 and a debt-to-equity ratio of 0.41.

Keysight Technologies (NYSE:KEYSGet Free Report) last posted its quarterly earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.00 by $0.17. The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.54 billion. Keysight Technologies had a return on equity of 19.26% and a net margin of 16.84%.The business’s revenue was up 23.3% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Analysts expect that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Keysight Technologies announced that its board has authorized a share repurchase program on Monday, November 24th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the scientific and technical instruments company to reacquire up to 4.9% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. JPMorgan Chase & Co. upped their price target 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 raised their price objective on Keysight Technologies from $227.00 to $268.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 24th. The Goldman Sachs Group increased their price objective on shares of Keysight Technologies from $243.00 to $322.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. UBS Group lifted their price target on Keysight Technologies from $230.00 to $340.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Finally, Bank of America raised shares of Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 price target for the company in a research note on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $298.82.

View Our Latest Report on Keysight Technologies

Insider Activity at Keysight Technologies

In other Keysight Technologies news, SVP Jo Ann Juskie sold 1,000 shares of the 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 transaction, the senior vice president directly owned 12,552 shares in the company, valued at $3,821,079.84. This represents a 7.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $237.68, for a total transaction of $475,360.00. Following the transaction, the senior vice president directly owned 107,861 shares in the company, valued at $25,636,402.48. This trade represents a 1.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 35,556 shares of company stock worth $10,025,731 over the last quarter. Corporate insiders own 0.40% of the company’s stock.

Keysight Technologies Company Profile

(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.

See Also

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

Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.