The Manufacturers Life Insurance Company cut its holdings in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 5.5% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 86,880 shares of the scientific and technical instruments company’s stock after selling 5,022 shares during the period. The Manufacturers Life Insurance Company’s holdings in Keysight Technologies were worth $30,414,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. Sequoia Financial Advisors LLC grew its position in Keysight Technologies by 12.5% in the second quarter. Sequoia Financial Advisors LLC now owns 44,732 shares of the scientific and technical instruments company’s stock worth $15,659,000 after acquiring an additional 4,975 shares in the last quarter. Tidal Investments LLC increased its stake in Keysight Technologies by 0.7% during the second quarter. Tidal Investments LLC now owns 58,004 shares of the scientific and technical instruments company’s stock worth $20,305,000 after acquiring an additional 416 shares during the last quarter. Gemmer Asset Management LLC purchased a new stake in Keysight Technologies during the second quarter valued at approximately $232,000. Integrated Wealth Concepts LLC raised its position in Keysight Technologies by 7.2% during the second quarter. Integrated Wealth Concepts LLC now owns 6,052 shares of the scientific and technical instruments company’s stock valued at $2,119,000 after purchasing an additional 408 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in shares of Keysight Technologies by 30.4% in the 2nd quarter. NewEdge Advisors LLC now owns 11,793 shares of the scientific and technical instruments company’s stock valued at $4,128,000 after purchasing an additional 2,750 shares during the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of brokerages have recently commented on KEYS. UBS Group lifted their target price on Keysight Technologies from $420.00 to $440.00 and gave the stock a “buy” rating in a report on Wednesday, August 19th. Morgan Stanley increased their price target on Keysight Technologies from $400.00 to $425.00 and gave the company an “overweight” rating in a report on Wednesday, August 19th. The Goldman Sachs Group restated a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, May 20th. Citigroup reaffirmed a “buy” rating on shares of Keysight Technologies in a research note on Wednesday, August 19th. Finally, JPMorgan Chase & Co. raised their target price on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and an average target price of $392.83.
Insider Transactions at Keysight Technologies
In related news, CEO Satish Dhanasekaran sold 507 shares of the firm’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $361.32, for a total value of $183,189.24. Following the transaction, the chief executive officer owned 121,391 shares of the company’s stock, valued at $43,860,996.12. This trade represents a 0.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $326.10, for a total transaction of $652,200.00. Following the sale, the senior vice president owned 101,861 shares of the company’s stock, valued at $33,216,872.10. The trade was a 1.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 9,507 shares of company stock worth $3,104,109. 0.40% of the stock is currently owned by insiders.
Keysight Technologies Price Performance
Shares of KEYS stock opened at $339.02 on Friday. Keysight Technologies Inc. has a 52-week low of $158.79 and a 52-week high of $374.96. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.62 and a current ratio of 2.02. The firm has a market capitalization of $57.71 billion, a P/E ratio of 46.57, a P/E/G ratio of 1.69 and a beta of 1.21. The stock has a 50 day moving average price of $325.96 and a 200 day moving average price of $324.99.
Keysight Technologies (NYSE:KEYS – Get Free Report) last posted its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.48 by $0.59. The company had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.75 billion. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%.Keysight Technologies’s revenue was up 36.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.72 EPS. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. As a group, sell-side analysts predict that Keysight Technologies Inc. will post 10.33 earnings per share for the current year.
Keysight Technologies Profile
Keysight Technologies, Inc is a technology company that provides electronic design and test solutions for engineers, manufacturers and service providers. Its products and services help customers design, validate, manufacture and optimize electronic and communications systems across the product life cycle.
The company offers electronic measurement instruments, software and related services for applications including radio-frequency and microwave testing, wireless communications, high-speed digital systems, semiconductor development and power electronics.
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