Empowered Funds LLC lessened its holdings in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 9.9% during the 2nd quarter, Holdings Channel.com reports. The firm owned 50,637 shares of the scientific and technical instruments company’s stock after selling 5,581 shares during the period. Empowered Funds LLC’s holdings in Keysight Technologies were worth $17,726,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently added to or reduced their stakes in KEYS. BlackRock Inc. bought a new stake in shares of Keysight Technologies during the 2nd quarter valued at $7,030,806,000. Price T Rowe Associates Inc. MD increased its stake in shares of Keysight Technologies by 0.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 17,419,811 shares of the scientific and technical instruments company’s stock worth $3,539,532,000 after purchasing an additional 85,693 shares in the last quarter. State Street Corp raised its holdings in Keysight Technologies by 2.5% in the 4th quarter. State Street Corp now owns 8,191,895 shares of the scientific and technical instruments company’s stock worth $1,664,511,000 after purchasing an additional 200,279 shares during the period. Boston Partners raised its holdings in Keysight Technologies by 3.4% in the 3rd quarter. Boston Partners now owns 4,870,268 shares of the scientific and technical instruments company’s stock worth $851,525,000 after purchasing an additional 160,728 shares during the period. Finally, Capital World Investors lifted its position in Keysight Technologies by 6.5% during the fourth quarter. Capital World Investors now owns 3,940,767 shares of the scientific and technical instruments company’s stock valued at $800,732,000 after purchasing an additional 240,058 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several analysts have issued reports on the company. Wells Fargo & Company boosted their price target on Keysight Technologies from $390.00 to $405.00 and gave the company an “overweight” rating in a report on Wednesday, August 19th. JPMorgan Chase & Co. lifted their price objective on Keysight Technologies from $400.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. Citigroup reiterated a “buy” rating on shares of Keysight Technologies in a research note on Wednesday, August 19th. Morgan Stanley increased their target price on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, August 19th. Finally, Barclays raised their target price on shares of Keysight Technologies from $387.00 to $429.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $392.83.
Insiders Place Their Bets
In other news, Director Jean Mcclung Nye sold 3,000 shares of Keysight Technologies stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $319.22, for a total transaction of $957,660.00. Following the sale, the director owned 35,752 shares in the company, valued at $11,412,753.44. This trade represents a 7.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director James Cullen sold 3,000 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total transaction of $1,039,740.00. Following the completion of the transaction, the director directly owned 21,821 shares in the company, valued at $7,562,722.18. This trade represents a 12.09% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 10,507 shares of company stock valued at $3,491,649. 0.40% of the stock is owned by company insiders.
Keysight Technologies Price Performance
Shares of Keysight Technologies stock opened at $319.58 on Friday. The stock’s 50-day simple moving average is $329.16 and its 200-day simple moving average is $318.66. Keysight Technologies Inc. has a 52 week low of $158.79 and a 52 week high of $374.96. The company has a market capitalization of $54.62 billion, a price-to-earnings ratio of 43.90, a PEG ratio of 1.67 and a beta of 1.22. The company has a quick ratio of 1.62, a current ratio of 2.02 and a debt-to-equity ratio of 0.28.
Keysight Technologies (NYSE:KEYS – Get Free Report) last released its earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.59. The firm had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.75 billion. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%.The firm’s revenue was up 36.5% on a year-over-year basis. During the same quarter last year, the business posted $1.72 earnings per share. 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. As a group, analysts expect that Keysight Technologies Inc. will post 10.03 earnings per share for the current fiscal year.
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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