965,855 Shares in Keysight Technologies Inc. $KEYS Purchased by Man Group plc

Man Group plc purchased a new position in Keysight Technologies Inc. (NYSE:KEYSFree Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 965,855 shares of the scientific and technical instruments company’s stock, valued at approximately $338,117,000. Keysight Technologies comprises approximately 0.5% of Man Group plc’s holdings, making the stock its 26th largest position. Man Group plc owned 0.57% of Keysight Technologies at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in KEYS. Allworth Financial LP purchased a new position in Keysight Technologies during the second quarter worth approximately $2,316,000. Findlay Park Partners LLP purchased a new stake in shares of Keysight Technologies during the 2nd quarter valued at $157,137,000. Oppenheimer Asset Management Inc. purchased a new position in shares of Keysight Technologies in the 2nd quarter worth $11,917,000. Comerica Bank raised its position in shares of Keysight Technologies by 57.2% in the 4th quarter. Comerica Bank now owns 52,506 shares of the scientific and technical instruments company’s stock worth $10,669,000 after buying an additional 19,104 shares during the period. Finally, Jefferies Financial Group Inc. acquired a new position in Keysight Technologies in the fourth quarter valued at $9,739,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Wall Street Analyst Weigh In

KEYS has been the subject of several research analyst reports. Wall Street Zen lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Robert W. Baird lifted their price objective on Keysight Technologies from $385.00 to $410.00 and gave the company an “outperform” rating in a research note on Wednesday, August 19th. Truist Financial boosted their target price on Keysight Technologies from $376.00 to $400.00 and gave the stock a “hold” rating in a report on Wednesday, August 19th. JPMorgan Chase & Co. increased their target price on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. Finally, Morgan Stanley raised their price target on shares of Keysight Technologies from $400.00 to $425.00 and gave the company an “overweight” rating in a report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Keysight Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $392.83.

Read Our Latest Analysis on Keysight Technologies

Insider Buying and Selling

In related news, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $314.66, for a total transaction of $629,320.00. Following the transaction, the senior vice president directly owned 103,861 shares of the company’s stock, valued at approximately $32,680,902.26. The trade was a 1.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Satish Dhanasekaran sold 507 shares of the company’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $361.32, for a total value of $183,189.24. Following the completion of the transaction, the chief executive officer owned 121,391 shares of the company’s stock, valued at approximately $43,860,996.12. This represents a 0.42% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 10,507 shares of company stock valued at $3,491,649. Insiders own 0.40% of the company’s stock.

Keysight Technologies Stock Up 3.2%

Shares of NYSE KEYS opened at $320.54 on Wednesday. The stock has a fifty day moving average price of $331.33 and a 200 day moving average price of $317.27. The company has a current ratio of 2.02, a quick ratio of 1.62 and a debt-to-equity ratio of 0.28. Keysight Technologies Inc. has a 12-month low of $158.79 and a 12-month high of $374.96. The company has a market cap of $54.78 billion, a P/E ratio of 44.03, a P/E/G ratio of 1.77 and a beta of 1.22.

Keysight Technologies (NYSE:KEYSGet Free Report) last issued its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, topping analysts’ consensus estimates of $2.48 by $0.59. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%.The company had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.75 billion. During the same quarter in the previous year, the firm posted $1.72 earnings per share. The firm’s quarterly revenue 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 anticipate that Keysight Technologies Inc. will post 9.03 EPS for the current fiscal year.

About Keysight Technologies

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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