Allianz Asset Management GmbH Grows Stock Holdings in Keysight Technologies Inc. $KEYS

Allianz Asset Management GmbH raised its position in shares of Keysight Technologies Inc. (NYSE:KEYS) by 114.6% during the second quarter, HoldingsChannel reports. The firm owned 47,501 shares of the scientific and technical instruments company’s stock after purchasing an additional 25,369 shares during the period. Allianz Asset Management GmbH’s holdings in Keysight Technologies were worth $7,784,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Accent Capital Management LLC purchased a new stake in Keysight Technologies during the first quarter valued at about $28,000. Manchester Capital Management LLC raised its position 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 purchasing 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 raised its position 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 purchasing 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. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Up 1.7%

NYSE KEYS opened at $167.50 on Wednesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94. The stock has a market capitalization of $28.79 billion, a PE ratio of 53.34, a PEG ratio of 2.30 and a beta of 1.18. Keysight Technologies Inc. has a 1 year low of $121.43 and a 1 year high of $186.20. The business’s 50-day moving average is $168.63 and its 200 day moving average is $160.47.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.05. The company had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.Keysight Technologies’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period last year, the firm 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. Sell-side analysts forecast that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

Analyst Upgrades and Downgrades

KEYS has been the topic of a number of research reports. Wall Street Zen upgraded Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Barclays reduced their price objective on Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 20th. Bank of America raised their price objective on Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a research note on Wednesday, August 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Keysight Technologies in a research note on Wednesday, October 8th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $180.00 price objective on shares of Keysight Technologies in a research note on Friday, October 10th. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $187.38.

Insider Activity

In related news, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total value of $347,960.00. Following the sale, the senior vice president directly owned 106,590 shares of the company’s stock, valued at $18,544,528.20. This trade represents a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.61% of the stock is owned by insiders.

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.