Paradigm Asset Management Co. LLC increased its stake in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 103.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,200 shares of the scientific and technical instruments company’s stock after buying an additional 5,700 shares during the period. Paradigm Asset Management Co. LLC’s holdings in Keysight Technologies were worth $1,835,000 at the end of the most recent reporting period.
Several other hedge funds also recently added to or reduced their stakes in KEYS. Price T Rowe Associates Inc. MD increased its holdings in Keysight Technologies by 16.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 18,790,100 shares of the scientific and technical instruments company’s stock valued at $2,814,195,000 after buying an additional 2,675,148 shares during the last quarter. Victory Capital Management Inc. grew its position in shares of Keysight Technologies by 1,224.5% in the 1st quarter. Victory Capital Management Inc. now owns 1,991,884 shares of the scientific and technical instruments company’s stock worth $298,324,000 after acquiring an additional 1,841,494 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of Keysight Technologies by 310.2% in the 2nd quarter. Assenagon Asset Management S.A. now owns 415,782 shares of the scientific and technical instruments company’s stock valued at $68,130,000 after acquiring an additional 314,420 shares during the last quarter. ANTIPODES PARTNERS Ltd raised its position in shares of Keysight Technologies by 49.4% during the 1st quarter. ANTIPODES PARTNERS Ltd now owns 935,490 shares of the scientific and technical instruments company’s stock valued at $140,120,000 after acquiring an additional 309,345 shares in the last quarter. Finally, Boston Partners raised its position in shares of Keysight Technologies by 7.7% during the 1st quarter. Boston Partners now owns 4,263,417 shares of the scientific and technical instruments company’s stock valued at $636,854,000 after acquiring an additional 305,143 shares in the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several analysts have weighed in on KEYS shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Keysight Technologies in a research note on Wednesday, October 8th. Bank of America boosted their price objective on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a research report on Wednesday, August 20th. JPMorgan Chase & Co. raised their target price on shares of Keysight Technologies from $177.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. Morgan Stanley reaffirmed an “equal weight” rating and set a $180.00 target price on shares of Keysight Technologies in a report on Friday, October 10th. Finally, Barclays lowered their price objective on Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a research note on Wednesday, August 20th. Six equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Keysight Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $186.56.
Insider Buying and Selling at Keysight Technologies
In related news, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 17th. The shares were 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 in the company, 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 this link. 0.61% of the stock is currently owned by company insiders.
Keysight Technologies Stock Performance
KEYS stock opened at $180.64 on Friday. The company has a 50-day simple moving average of $171.60 and a 200 day simple moving average of $164.22. The company has a market capitalization of $31.04 billion, a P/E ratio of 57.53, a PEG ratio of 2.38 and a beta of 1.22. The company has a quick ratio of 2.94, a current ratio of 3.59 and a debt-to-equity ratio of 0.45. Keysight Technologies Inc. has a fifty-two week low of $121.43 and a fifty-two week high of $187.67.
Keysight Technologies (NYSE:KEYS – Get Free Report) last released its quarterly 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 company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.32 billion. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. Keysight Technologies’s revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.57 EPS. 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 predict that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.
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.
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