Capital World Investors Purchases 58,039 Shares of Keysight Technologies Inc. $KEYS

Capital World Investors increased its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS) by 1.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 3,700,709 shares of the scientific and technical instruments company’s stock after acquiring an additional 58,039 shares during the quarter. Capital World Investors’ holdings in Keysight Technologies were worth $647,328,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Norges Bank bought a new position in Keysight Technologies during the second quarter worth about $316,690,000. Allspring Global Investments Holdings LLC boosted its holdings in Keysight Technologies by 2,290.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,421,437 shares of the scientific and technical instruments company’s stock valued at $246,051,000 after purchasing an additional 1,361,969 shares during the period. Man Group plc grew its position in shares of Keysight Technologies by 164.3% during the 2nd quarter. Man Group plc now owns 1,010,399 shares of the scientific and technical instruments company’s stock worth $165,564,000 after purchasing an additional 628,082 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Keysight Technologies by 2,004.8% during the second quarter. AQR Capital Management LLC now owns 572,836 shares of the scientific and technical instruments company’s stock worth $93,865,000 after purchasing an additional 545,620 shares during the period. Finally, Boston Partners raised its position in shares of Keysight Technologies by 10.5% in the second quarter. Boston Partners now owns 4,709,540 shares of the scientific and technical instruments company’s stock valued at $771,359,000 after buying an additional 446,123 shares in the last quarter. 84.58% of the stock is owned by institutional investors.

Keysight Technologies Stock Up 1.1%

KEYS stock opened at $285.21 on Wednesday. Keysight Technologies Inc. has a twelve month low of $121.43 and a twelve month high of $317.00. The firm has a market capitalization of $48.91 billion, a PE ratio of 51.39, a P/E/G ratio of 2.19 and a beta of 1.12. The stock’s 50 day moving average is $237.38 and its 200-day moving average is $201.01. The company has a quick ratio of 2.02, a current ratio of 2.60 and a debt-to-equity ratio of 0.41.

Keysight Technologies (NYSE:KEYS) last announced its earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.00 by $0.17. Keysight Technologies had a return on equity of 19.26% and a net margin of 16.84%.The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same period last year, the firm posted $1.82 EPS. The business’s revenue was up 23.3% compared to the same quarter last year. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. Sell-side analysts expect that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Keysight Technologies declared that its Board of Directors has approved a stock buyback program on Monday, November 24th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the scientific and technical instruments company to purchase up to 4.9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Keysight Technologies in a research note on Monday, December 29th. JPMorgan Chase & Co. upped their target price on Keysight Technologies from $255.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday, February 24th. Zacks Research raised Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. Jefferies Financial Group boosted their target price on shares of Keysight Technologies from $195.00 to $220.00 and gave the stock a “hold” rating in a research note on Wednesday, December 10th. Finally, Wall Street Zen raised Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $295.36.

Insider Activity

In other news, CFO Neil Dougherty sold 1,000 shares of the company’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $203.72, for a total value of $203,720.00. Following the completion of the transaction, the chief financial officer directly owned 127,833 shares in the company, valued at approximately $26,042,138.76. This represents a 0.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jo Ann Juskie sold 1,000 shares of the company’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $304.42, for a total transaction of $304,420.00. Following the completion of the sale, the senior vice president directly owned 12,552 shares of the company’s stock, valued at $3,821,079.84. This trade represents a 7.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 4,889 shares of company stock valued at $1,167,221. 0.40% of the stock is owned by company insiders.

About Keysight Technologies

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.