Sumitomo Mitsui Trust Group Inc. Acquires 3,274 Shares of Keysight Technologies Inc. $KEYS

Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Keysight Technologies Inc. (NYSE:KEYS) by 0.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 410,778 shares of the scientific and technical instruments company’s stock after acquiring an additional 3,274 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned approximately 0.24% of Keysight Technologies worth $67,310,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Accent Capital Management LLC bought a new position in shares of Keysight Technologies during the first quarter worth approximately $28,000. Manchester Capital Management LLC increased its stake in Keysight Technologies by 85.0% during the 1st quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company’s stock worth $35,000 after acquiring an additional 108 shares during the period. Zions Bancorporation National Association UT bought a new position in Keysight Technologies during the 1st quarter worth $36,000. Private Trust Co. NA boosted its holdings in shares of Keysight Technologies by 39.9% in the 1st quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company’s stock valued at $39,000 after purchasing an additional 75 shares in the last quarter. Finally, WPG Advisers LLC acquired a new stake in shares of Keysight Technologies in the 1st quarter valued at $39,000. Institutional investors own 84.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on KEYS. Wall Street Zen raised Keysight Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 18th. JPMorgan Chase & Co. raised their target price on Keysight Technologies from $177.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Morgan Stanley reissued an “equal weight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a research report on Friday, October 10th. Barclays decreased their target price on Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a research report on Wednesday, August 20th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Keysight Technologies in a research report on Saturday. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $187.38.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the company’s stock in a transaction on Wednesday, September 17th. The shares were 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 of the company’s stock, 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 document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.61% of the company’s stock.

Keysight Technologies Trading Up 0.7%

Shares of KEYS stock opened at $169.49 on Monday. The company’s fifty day simple moving average is $168.71 and its two-hundred day simple moving average is $161.42. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94. Keysight Technologies Inc. has a 1 year low of $121.43 and a 1 year high of $186.20. The stock has a market capitalization of $29.13 billion, a price-to-earnings ratio of 53.98, a PEG ratio of 2.36 and a beta of 1.18.

Keysight Technologies (NYSE:KEYS) last issued its earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.05. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the previous year, the firm posted $1.57 EPS. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. As a group, 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.