Brown Brothers Harriman & Co. increased its stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 1.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 286,215 shares of the scientific and technical instruments company’s stock after purchasing an additional 4,210 shares during the period. Brown Brothers Harriman & Co. owned approximately 0.17% of Keysight Technologies worth $50,065,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in KEYS. Paradiem LLC bought a new stake in Keysight Technologies in the third quarter valued at approximately $979,000. Madison Asset Management LLC raised its holdings 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. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Keysight Technologies during the second quarter worth $621,000. National Pension Service boosted 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 buying an additional 6,957 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in shares of Keysight Technologies by 3.1% during the second quarter. JPMorgan Chase & Co. now owns 1,107,655 shares of the scientific and technical instruments company’s stock worth $181,507,000 after buying an additional 33,768 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.
Insider Activity at Keysight Technologies
In other Keysight Technologies news, CFO Neil Dougherty sold 1,000 shares of the company’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $203.72, for a total value of $203,720.00. Following the completion of the transaction, the chief financial officer owned 127,833 shares of the company’s stock, valued at $26,042,138.76. This represents a 0.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Sung Yoon sold 889 shares of the business’s stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $206.66, for a total value of $183,720.74. Following the sale, 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 disclosure for this sale is available in the SEC filing. Insiders have sold a total of 4,889 shares of company stock valued at $1,167,221 over the last three months. 0.40% of the stock is currently owned by corporate insiders.
Keysight Technologies Stock Performance
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. Research analysts expect that Keysight Technologies Inc. will post 6.32 EPS for the current year.
Keysight Technologies announced that its board has authorized a share buyback program on Monday, November 24th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the scientific and technical instruments company to purchase up to 4.9% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.
Wall Street Analysts Forecast Growth
KEYS has been the topic of a number of research reports. Barclays boosted their price objective on shares of Keysight Technologies from $232.00 to $320.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 24th. UBS Group boosted their target price on Keysight Technologies from $230.00 to $340.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. 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. Robert W. Baird raised their price target on Keysight Technologies from $230.00 to $257.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Keysight Technologies in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $295.36.
Read Our Latest Stock Report on Keysight Technologies
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.
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