Kornitzer Capital Management Inc. KS purchased a new stake in Keysight Technologies Inc. (NYSE:KEYS – Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 2,003 shares of the scientific and technical instruments company’s stock, valued at approximately $729,000.
Several other hedge funds have also recently bought and sold shares of KEYS. Parallel Advisors LLC boosted its stake in shares of Keysight Technologies by 4.9% in the 3rd quarter. Parallel Advisors LLC now owns 3,905 shares of the scientific and technical instruments company’s stock valued at $1,422,000 after purchasing an additional 181 shares in the last quarter. May Hill Capital LLC increased its position in shares of Keysight Technologies by 0.3% during the 3rd quarter. May Hill Capital LLC now owns 55,701 shares of the scientific and technical instruments company’s stock worth $20,277,000 after purchasing an additional 149 shares in the last quarter. Alps Advisors Inc. increased its position in shares of Keysight Technologies by 3.5% during the 3rd quarter. Alps Advisors Inc. now owns 7,546 shares of the scientific and technical instruments company’s stock worth $2,747,000 after purchasing an additional 254 shares in the last quarter. Ashton Thomas Private Wealth LLC increased its position in shares of Keysight Technologies by 10.3% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 8,313 shares of the scientific and technical instruments company’s stock worth $3,026,000 after purchasing an additional 778 shares in the last quarter. Finally, CenterBook Partners LP lifted its holdings in Keysight Technologies by 36.2% during the 3rd quarter. CenterBook Partners LP now owns 1,472 shares of the scientific and technical instruments company’s stock valued at $536,000 after purchasing an additional 391 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.
Keysight Technologies Price Performance
Shares of KEYS stock opened at $291.08 on Wednesday. The company has a current ratio of 2.02, a quick ratio of 1.62 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $49.56 billion, a price-to-earnings ratio of 39.98, a PEG ratio of 0.72 and a beta of 1.20. The firm’s 50 day moving average is $336.16 and its 200-day moving average is $317.90. Keysight Technologies Inc. has a 1 year low of $167.23 and a 1 year high of $389.93.
Keysight Technologies (NYSE:KEYS – Get Free Report) last issued its earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, beating the consensus estimate 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 net margin of 19.08% and a return on equity of 24.34%. The business’s revenue for the quarter was up 36.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. Sell-side analysts forecast that Keysight Technologies Inc. will post 10.33 EPS for the current fiscal year.
Analyst Ratings Changes
KEYS has been the topic of a number of recent analyst reports. Morgan Stanley boosted their price target on shares of Keysight Technologies from $400.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. The Goldman Sachs Group boosted their target price on Keysight Technologies from $452.00 to $487.00 and gave the stock a “buy” rating in a report on Tuesday, October 6th. Wells Fargo & Company increased their price target on Keysight Technologies from $390.00 to $405.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. Truist Financial increased their price target on Keysight Technologies from $376.00 to $400.00 and gave the stock a “hold” rating in a research report on Wednesday, August 19th. Finally, Wall Street Zen cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. Eleven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $401.42.
Check Out Our Latest Analysis on KEYS
Insider Buying and Selling at Keysight Technologies
In related news, CFO Neil Dougherty sold 2,000 shares of the company’s stock in a transaction on Monday, September 21st. The shares were sold at an average price of $340.79, for a total value of $681,580.00. Following the completion of the transaction, the chief financial officer directly owned 123,390 shares of the company’s stock, valued at approximately $42,050,078.10. This represents a 1.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jean Mcclung Nye sold 3,000 shares of the stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $319.22, for a total value of $957,660.00. Following the transaction, the director owned 35,752 shares of the company’s stock, valued at approximately $11,412,753.44. This trade represents a 7.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 12,200 shares of company stock worth $4,082,752 in the last quarter. Company insiders own 0.40% of the company’s stock.
Keysight Technologies Profile
Keysight Technologies, Inc. develops electronic design, test and measurement solutions used to design, validate and monitor electronic systems. Its offerings include instruments, software and services that help customers evaluate the performance and reliability of products and networks. The company serves industries including communications, aerospace and defense, automotive, semiconductor and general electronics. Its solutions support work ranging from chip and device development to testing wireless networks, data centers and connected systems.
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