Bayforest Capital Ltd Purchases 3,515 Shares of Keysight Technologies Inc. $KEYS

Bayforest Capital Ltd boosted its position in Keysight Technologies Inc. (NYSE:KEYS) by 107.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 6,789 shares of the scientific and technical instruments company’s stock after buying an additional 3,515 shares during the period. Keysight Technologies comprises about 0.5% of Bayforest Capital Ltd’s portfolio, making the stock its 22nd biggest holding. Bayforest Capital Ltd’s holdings in Keysight Technologies were worth $1,112,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD increased its position in Keysight Technologies by 16.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 18,790,100 shares of the scientific and technical instruments company’s stock worth $2,814,195,000 after acquiring an additional 2,675,148 shares during the period. Victory Capital Management Inc. lifted its position in shares of Keysight Technologies by 1,224.5% during the 1st quarter. Victory Capital Management Inc. now owns 1,991,884 shares of the scientific and technical instruments company’s stock valued at $298,324,000 after acquiring an additional 1,841,494 shares during the period. Assenagon Asset Management S.A. increased its position in shares of Keysight Technologies by 310.2% in the second quarter. Assenagon Asset Management S.A. now owns 415,782 shares of the scientific and technical instruments company’s stock worth $68,130,000 after purchasing an additional 314,420 shares during the period. ANTIPODES PARTNERS Ltd lifted its position in Keysight Technologies by 49.4% during the first quarter. ANTIPODES PARTNERS Ltd now owns 935,490 shares of the scientific and technical instruments company’s stock worth $140,120,000 after purchasing an additional 309,345 shares during the period. Finally, Boston Partners increased its holdings in Keysight Technologies by 7.7% in the 1st quarter. Boston Partners now owns 4,263,417 shares of the scientific and technical instruments company’s stock valued at $636,854,000 after buying an additional 305,143 shares during the period. Institutional investors own 84.58% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Morgan Stanley reiterated an “equal weight” rating and set a $180.00 price target on shares of Keysight Technologies in a research report on Friday. Barclays decreased their price target on Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 20th. JPMorgan Chase & Co. upped their price objective on Keysight Technologies from $177.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Wall Street Zen cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 20th. Finally, Bank of America increased their target price on shares of Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a report on Wednesday, August 20th. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $187.38.

Insider Activity

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total value of $347,960.00. Following the transaction, the senior vice president directly owned 106,590 shares of the company’s stock, valued at $18,544,528.20. The trade was a 1.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.61% of the stock is owned by corporate insiders.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $163.64 on Tuesday. The stock’s 50-day moving average is $168.43 and its 200-day moving average is $159.69. Keysight Technologies Inc. has a 1-year low of $121.43 and a 1-year high of $186.20. The company has a current ratio of 3.59, a quick ratio of 2.94 and a debt-to-equity ratio of 0.45. The stock has a market cap of $28.12 billion, a P/E ratio of 52.12, a price-to-earnings-growth ratio of 2.22 and a beta of 1.18.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 EPS for the quarter, topping the consensus estimate of $1.67 by $0.05. The business had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.32 billion. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. The firm’s revenue was up 11.1% compared to the same quarter last year. During the same period last year, the company earned $1.57 EPS. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. Equities research analysts anticipate that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

Keysight Technologies Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.