DAVENPORT & Co LLC Cuts Stock Position in Keysight Technologies Inc. $KEYS

DAVENPORT & Co LLC decreased its position in shares of Keysight Technologies Inc. (NYSE:KEYSFree Report) by 21.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,612 shares of the scientific and technical instruments company’s stock after selling 7,278 shares during the period. DAVENPORT & Co LLC’s holdings in Keysight Technologies were worth $5,447,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Paradiem LLC purchased a new position in Keysight Technologies in the 3rd quarter valued at approximately $979,000. Madison Asset Management LLC increased its position in shares of Keysight Technologies by 7.6% during the third quarter. Madison Asset Management LLC now owns 571,222 shares of the scientific and technical instruments company’s stock worth $99,918,000 after acquiring an additional 40,153 shares during the period. National Pension Service increased its position in shares of Keysight Technologies by 2.4% during the third quarter. National Pension Service now owns 291,237 shares of the scientific and technical instruments company’s stock worth $50,943,000 after acquiring an additional 6,957 shares during the period. Fenimore Asset Management Inc raised its stake in shares of Keysight Technologies by 1.1% in the third quarter. Fenimore Asset Management Inc now owns 632,432 shares of the scientific and technical instruments company’s stock valued at $110,625,000 after acquiring an additional 6,629 shares in the last quarter. Finally, 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 valued at $246,051,000 after acquiring an additional 1,361,969 shares in the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies News Summary

Here are the key news stories impacting Keysight Technologies this week:

Insider Buying and Selling at Keysight Technologies

In related news, SVP Jo Ann Juskie sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $304.42, for a total value of $304,420.00. Following the completion of the transaction, the senior vice president directly owned 12,552 shares of the company’s stock, valued at $3,821,079.84. This represents a 7.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Satish Dhanasekaran sold 1,667 shares of the stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $300.00, for a total transaction of $500,100.00. Following the completion of the transaction, the chief executive officer owned 122,398 shares in the company, valued at $36,719,400. This represents a 1.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 41,223 shares of company stock worth $11,716,951. 0.40% of the stock is currently owned by corporate insiders.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $281.29 on Friday. Keysight Technologies Inc. has a 12 month low of $121.43 and a 12 month 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 firm has a market capitalization of $48.24 billion, a PE ratio of 50.68, a price-to-earnings-growth ratio of 2.28 and a beta of 1.12. The business’s fifty day moving average price is $255.98 and its 200 day moving average price is $210.60.

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 for the quarter, beating analysts’ consensus estimates of $2.00 by $0.17. The company had revenue of $1.60 billion for 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%.Keysight Technologies’s quarterly revenue was up 23.3% on a year-over-year basis. During the same period last year, the firm earned $1.82 earnings per share. 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, sell-side analysts anticipate that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on the company. Wells Fargo & Company boosted their target price on Keysight Technologies from $225.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 24th. Bank of America raised Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 price target on the stock in a research report on Tuesday, February 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of Keysight Technologies in a research note on Monday, December 29th. JPMorgan Chase & Co. boosted their price objective on Keysight Technologies from $255.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 24th. Finally, Citigroup upped their target price on shares of Keysight Technologies from $282.00 to $320.00 and gave the stock a “buy” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $298.82.

Check Out Our Latest Analysis on Keysight Technologies

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.

Further Reading

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

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