Hollencrest Capital Management purchased a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) in the 2nd quarter, Holdings Channel reports. The fund purchased 2,468 shares of the scientific and technical instruments company’s stock, valued at approximately $864,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. New Mexico Educational Retirement Board increased its holdings in shares of Keysight Technologies by 7.5% during the second quarter. New Mexico Educational Retirement Board now owns 8,550 shares of the scientific and technical instruments company’s stock worth $2,993,000 after buying an additional 600 shares in the last quarter. Mufg Securities Americas Inc. raised its stake in shares of Keysight Technologies by 8.8% in the second quarter. Mufg Securities Americas Inc. now owns 5,166 shares of the scientific and technical instruments company’s stock valued at $1,808,000 after acquiring an additional 420 shares during the last quarter. Nissay Asset Management Corp Japan boosted its holdings in shares of Keysight Technologies by 4.1% in the 2nd quarter. Nissay Asset Management Corp Japan now owns 23,041 shares of the scientific and technical instruments company’s stock worth $8,066,000 after acquiring an additional 906 shares in the last quarter. Hsbc Holdings PLC boosted its holdings in shares of Keysight Technologies by 147.1% in the 2nd quarter. Hsbc Holdings PLC now owns 844,921 shares of the scientific and technical instruments company’s stock worth $295,814,000 after acquiring an additional 502,964 shares in the last quarter. Finally, Wellington Management Group LLP grew its position in Keysight Technologies by 4,443.9% during the 2nd quarter. Wellington Management Group LLP now owns 633,096 shares of the scientific and technical instruments company’s stock worth $221,628,000 after acquiring an additional 619,163 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
KEYS has been the subject of a number of recent analyst reports. Robert W. Baird raised their price target on Keysight Technologies from $385.00 to $410.00 and gave the company an “outperform” rating in a report on Wednesday, August 19th. Weiss Ratings raised Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 20th. Susquehanna increased their target price on Keysight Technologies from $425.00 to $440.00 and gave the stock a “positive” rating in a report on Wednesday, August 19th. Barclays raised their target price on Keysight Technologies from $387.00 to $429.00 and gave the company an “overweight” rating in a research note on Wednesday, August 19th. Finally, Truist Financial lifted their price target on Keysight Technologies from $376.00 to $400.00 and gave the company a “hold” rating in a report on Wednesday, August 19th. One equities research 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 stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $392.83.
Keysight Technologies Price Performance
Shares of KEYS stock opened at $319.58 on Friday. The firm has a market cap of $54.62 billion, a price-to-earnings ratio of 43.90, a PEG ratio of 1.64 and a beta of 1.22. Keysight Technologies Inc. has a 12 month low of $158.79 and a 12 month high of $374.96. The company has a quick ratio of 1.62, a current ratio of 2.02 and a debt-to-equity ratio of 0.28. The stock has a 50-day moving average price of $329.16 and a 200 day moving average price of $318.66.
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 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.48 by $0.59. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The company had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.75 billion. During the same quarter last year, the firm earned $1.72 EPS. The company’s revenue for the quarter was up 36.5% on a year-over-year basis. 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. Research analysts expect that Keysight Technologies Inc. will post 10.03 EPS for the current year.
Insider Buying and Selling at Keysight Technologies
In other Keysight Technologies news, CEO Satish Dhanasekaran sold 507 shares of the company’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $361.32, for a total transaction of $183,189.24. Following the completion of the sale, the chief executive officer owned 121,391 shares in the company, valued at approximately $43,860,996.12. The trade was a 0.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ingrid A. Estrada sold 2,000 shares of the company’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $314.66, for a total transaction of $629,320.00. Following the sale, the senior vice president owned 103,861 shares of the company’s stock, valued at $32,680,902.26. The trade was a 1.89% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 10,507 shares of company stock valued at $3,491,649. 0.40% of the stock is currently owned by corporate insiders.
Keysight Technologies Profile
Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.
Keysight’s product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.
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