Penserra Capital Management LLC lifted its position in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 7,381.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,290 shares of the scientific and technical instruments company’s stock after acquiring an additional 62,444 shares during the quarter. Penserra Capital Management LLC’s holdings in Keysight Technologies were worth $10,370,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Foyston Gordon & Payne Inc grew its stake in shares of Keysight Technologies by 11.5% during the first quarter. Foyston Gordon & Payne Inc now owns 59,851 shares of the scientific and technical instruments company’s stock worth $8,964,000 after acquiring an additional 6,186 shares during the last quarter. Ground Swell Capital LLC acquired a new stake in Keysight Technologies in the 1st quarter worth approximately $361,000. Charles Schwab Investment Management Inc. boosted its stake in Keysight Technologies by 2.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,036,642 shares of the scientific and technical instruments company’s stock worth $155,258,000 after purchasing an additional 20,967 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in Keysight Technologies by 46.9% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 64,590 shares of the scientific and technical instruments company’s stock worth $9,674,000 after purchasing an additional 20,631 shares during the last quarter. Finally, Czech National Bank increased its stake in Keysight Technologies by 6.4% during the 2nd quarter. Czech National Bank now owns 42,241 shares of the scientific and technical instruments company’s stock valued at $6,922,000 after purchasing an additional 2,527 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Keysight Technologies
In other news, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total transaction of $347,960.00. Following the completion of 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.61% of the stock is currently owned by company insiders.
Keysight Technologies Stock Performance
Keysight Technologies (NYSE:KEYS – Get Free Report) last issued its earnings results 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. The firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.32 billion. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The company’s revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.57 earnings per share. 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, equities analysts forecast that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.
Analyst Ratings Changes
Several research firms have recently commented on KEYS. JPMorgan Chase & Co. lifted their price objective on shares of Keysight Technologies from $177.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Keysight Technologies in a research report on Wednesday, October 8th. Jefferies Financial Group assumed coverage on Keysight Technologies in a report on Monday, October 27th. They issued a “hold” rating and a $180.00 price objective on the stock. Bank of America raised their price objective on Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 20th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $180.00 target price on shares of Keysight Technologies in a research report on Friday, October 10th. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Keysight Technologies presently has an average rating of “Moderate Buy” and an average target price of $186.56.
Check Out Our Latest Stock Report on KEYS
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.
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