Lord Abbett & CO. LLC Reduces Stake in Keysight Technologies Inc. $KEYS

Lord Abbett & CO. LLC reduced its position in Keysight Technologies Inc. (NYSE:KEYS) by 0.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 426,107 shares of the scientific and technical instruments company’s stock after selling 1,894 shares during the period. Lord Abbett & CO. LLC’s holdings in Keysight Technologies were worth $86,581,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Haven Private LLC boosted its holdings in shares of Keysight Technologies by 1.3% during the fourth quarter. Haven Private LLC now owns 4,063 shares of the scientific and technical instruments company’s stock worth $826,000 after purchasing an additional 52 shares during the last quarter. Zions Bancorporation National Association UT boosted its holdings in shares of Keysight Technologies by 12.9% during the fourth quarter. Zions Bancorporation National Association UT now owns 515 shares of the scientific and technical instruments company’s stock worth $105,000 after purchasing an additional 59 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in shares of Keysight Technologies by 1.0% during the fourth quarter. Park Avenue Securities LLC now owns 6,332 shares of the scientific and technical instruments company’s stock worth $1,287,000 after purchasing an additional 60 shares during the last quarter. Sumitomo Life Insurance Co. boosted its holdings in shares of Keysight Technologies by 0.7% during the fourth quarter. Sumitomo Life Insurance Co. now owns 9,483 shares of the scientific and technical instruments company’s stock worth $1,927,000 after purchasing an additional 62 shares during the last quarter. Finally, Norden Group LLC boosted its holdings in shares of Keysight Technologies by 5.4% during the fourth quarter. Norden Group LLC now owns 1,236 shares of the scientific and technical instruments company’s stock worth $251,000 after purchasing an additional 63 shares during the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Keysight Technologies

In related news, Director Ronald S. Nersesian sold 30,000 shares of Keysight Technologies stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $285.96, for a total value of $8,578,800.00. Following the transaction, the director owned 163,377 shares in the company, valued at approximately $46,719,286.92. This trade represents a 15.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jeffrey K. Li sold 2,000 shares of Keysight Technologies stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $297.19, for a total value of $594,380.00. Following the completion of the transaction, the senior vice president owned 34,499 shares in the company, valued at $10,252,757.81. The trade was a 5.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 40,334 shares of company stock valued at $11,793,190 in the last ninety days. Company insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Wall Street Zen upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Zacks Research upgraded Keysight Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Morgan Stanley raised their price objective on Keysight Technologies from $305.00 to $350.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 20th. The Goldman Sachs Group restated a “buy” rating on shares of Keysight Technologies in a report on Wednesday, May 20th. Finally, Truist Financial raised their price objective on Keysight Technologies from $310.00 to $376.00 and gave the stock a “hold” rating in a report on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $371.92.

Keysight Technologies Price Performance

Shares of Keysight Technologies stock opened at $349.99 on Friday. Keysight Technologies Inc. has a twelve month low of $152.85 and a twelve month high of $370.17. The stock has a market capitalization of $59.81 billion, a P/E ratio of 57.56, a PEG ratio of 1.94 and a beta of 1.22. The company has a current ratio of 1.90, a quick ratio of 1.51 and a debt-to-equity ratio of 0.29. The business’s fifty day moving average price is $338.15 and its 200 day moving average price is $271.52.

Keysight Technologies (NYSE:KEYS) last issued its earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.55. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The firm had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same quarter last year, the firm earned $1.70 earnings per share. The firm’s revenue for the quarter was up 31.5% compared to the same quarter last year. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. As a group, research analysts anticipate that Keysight Technologies Inc. will post 9.03 earnings per share for the current year.

Keysight Technologies Company 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.