Sumitomo Mitsui Trust Group Inc. lessened its holdings in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 2.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 367,005 shares of the scientific and technical instruments company’s stock after selling 11,151 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned approximately 0.22% of Keysight Technologies worth $133,604,000 at the end of the most recent reporting period.
Several other hedge funds have also added to or reduced their stakes in KEYS. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Keysight Technologies by 15.0% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 222 shares of the scientific and technical instruments company’s stock worth $63,000 after acquiring an additional 29 shares during the last quarter. Kera Capital Partners Inc. increased its position in Keysight Technologies by 0.9% in the 1st quarter. Kera Capital Partners Inc. now owns 3,276 shares of the scientific and technical instruments company’s stock valued at $925,000 after acquiring an additional 30 shares during the period. Cornerstone Planning Group LLC raised its stake in shares of Keysight Technologies by 36.1% during the first quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock valued at $32,000 after acquiring an additional 30 shares during the last quarter. KCM Investment Advisors LLC raised its stake in shares of Keysight Technologies by 1.3% during the first quarter. KCM Investment Advisors LLC now owns 2,333 shares of the scientific and technical instruments company’s stock valued at $659,000 after acquiring an additional 30 shares during the last quarter. Finally, WPG Advisers LLC lifted its holdings in shares of Keysight Technologies by 16.5% during the first quarter. WPG Advisers LLC now owns 219 shares of the scientific and technical instruments company’s stock worth $62,000 after purchasing an additional 31 shares during the period. 84.58% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
KEYS has been the topic of a number of recent research reports. Wall Street Zen lowered shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. The Goldman Sachs Group increased their price objective on Keysight Technologies from $452.00 to $487.00 and gave the company a “buy” rating in a report on Tuesday, October 6th. Truist Financial boosted their target price on shares of Keysight Technologies from $376.00 to $400.00 and gave the company a “hold” rating in a report on Wednesday, August 19th. Robert W. Baird increased their price target on Keysight Technologies from $385.00 to $410.00 and gave the stock an “outperform” rating in a report on Wednesday, August 19th. Finally, Zacks Research downgraded Keysight Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 19th. Eleven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Keysight Technologies has an average rating of “Moderate Buy” and an average target price of $401.42.
Check Out Our Latest Stock Report on Keysight Technologies
Keysight Technologies Price Performance
Shares of KEYS opened at $298.69 on Tuesday. The firm has a market cap of $50.85 billion, a PE ratio of 41.03, a price-to-earnings-growth ratio of 1.06 and a beta of 1.17. Keysight Technologies Inc. has a 52-week low of $167.23 and a 52-week high of $389.93. The business’s 50 day moving average price is $340.57 and its two-hundred day moving average price is $315.80. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.62 and a current ratio of 2.02.
Keysight Technologies (NYSE:KEYS – Get Free Report) last announced its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, topping the consensus estimate of $2.48 by $0.59. The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.75 billion. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The company’s quarterly revenue was up 36.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.72 EPS. 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. On average, equities analysts anticipate that Keysight Technologies Inc. will post 10.33 EPS for the current year.
Insider Activity at Keysight Technologies
In related news, Director Jean Mcclung Nye sold 3,000 shares of the stock in a transaction 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 transaction, the director directly owned 35,752 shares of the company’s stock, valued at $11,412,753.44. This represents a 7.74% 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, CEO Satish Dhanasekaran sold 3,000 shares of the firm’s stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $364.13, for a total transaction of $1,092,390.00. Following the completion of the sale, the chief executive officer owned 118,391 shares of the company’s stock, valued at $43,109,714.83. The trade was a 2.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 12,200 shares of company stock worth $4,082,752 over the last ninety days. 0.40% of the stock is owned by corporate insiders.
Keysight Technologies Company Profile
Keysight Technologies, Inc (NYSE: KEYS) provides electronic design and test solutions used to develop, validate, and optimize communications systems, electronic devices, and other technologies. Its customers include companies in the communications, aerospace and defense, automotive, semiconductor, electronics, energy, education, and government sectors.
The company’s product portfolio includes electronic test and measurement instruments, software, network test and visibility solutions, radio-frequency and microwave systems, oscilloscopes, signal analyzers, wireless and wireline test platforms, and cybersecurity testing tools.
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