Oppenheimer Asset Management Inc. raised its position in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 5.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,303 shares of the scientific and technical instruments company’s stock after buying an additional 2,877 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Keysight Technologies were worth $8,734,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of KEYS. Accent Capital Management LLC purchased a new stake in Keysight Technologies during the first quarter valued at about $28,000. Manchester Capital Management LLC lifted its stake in Keysight Technologies by 85.0% during the first quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company’s stock valued at $35,000 after buying an additional 108 shares in the last quarter. Zions Bancorporation National Association UT purchased a new stake in Keysight Technologies during the first quarter valued at about $36,000. Private Trust Co. NA lifted its stake in Keysight Technologies by 39.9% during the first quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company’s stock valued at $39,000 after buying an additional 75 shares in the last quarter. Finally, WPG Advisers LLC purchased a new stake in Keysight Technologies during the first quarter valued at about $39,000. 84.58% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction that occurred on 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 owned 106,590 shares in the company, valued at approximately $18,544,528.20. This represents a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.61% of the company’s stock.
Keysight Technologies Trading Up 0.7%
Keysight Technologies (NYSE:KEYS – Get Free Report) last released its quarterly earnings data on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.05. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the prior year, the company posted $1.57 earnings per share. The firm’s revenue was up 11.1% on a year-over-year basis. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. On average, research analysts forecast that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of analysts have commented on KEYS shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Keysight Technologies in a research note on Saturday. Bank of America increased their price target on shares of Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 20th. Morgan Stanley reissued an “equal weight” rating and issued a $180.00 price target on shares of Keysight Technologies in a research report on Friday, October 10th. Wall Street Zen raised shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 18th. Finally, Barclays reduced their price target on shares of Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a research report on Wednesday, August 20th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $187.38.
Check Out Our Latest Stock Analysis on Keysight Technologies
About Keysight Technologies
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.
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