KLP Kapitalforvaltning AS grew its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 4.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 62,100 shares of the scientific and technical instruments company’s stock after acquiring an additional 2,800 shares during the period. KLP Kapitalforvaltning AS’s holdings in Keysight Technologies were worth $10,863,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in KEYS. Norges Bank bought a new stake in shares of Keysight Technologies during the 2nd quarter valued at about $316,690,000. Allspring Global Investments Holdings LLC lifted its stake in Keysight Technologies by 2,290.3% in the third 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 buying an additional 1,361,969 shares during the period. Man Group plc boosted its holdings 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 buying an additional 628,082 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Keysight Technologies by 2,004.8% during the 2nd quarter. AQR Capital Management LLC now owns 572,836 shares of the scientific and technical instruments company’s stock worth $93,865,000 after buying an additional 545,620 shares during the period. Finally, Boston Partners grew its position in shares of Keysight Technologies by 10.5% during the 2nd quarter. Boston Partners now owns 4,709,540 shares of the scientific and technical instruments company’s stock worth $771,359,000 after buying an additional 446,123 shares during the period. 84.58% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Keysight Technologies news, SVP John Page sold 15,000 shares of the firm’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $213.48, for a total transaction of $3,202,200.00. Following the transaction, the senior vice president directly owned 21,393 shares in the company, valued at approximately $4,566,977.64. This trade represents a 41.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ronald S. Nersesian sold 30,000 shares of Keysight Technologies stock in a transaction on Friday, November 28th. The stock was sold at an average price of $196.88, for a total transaction of $5,906,400.00. Following the transaction, the director directly owned 198,389 shares in the company, valued at $39,058,826.32. This represents a 13.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 78,784 shares of company stock valued at $15,841,737. 0.61% of the stock is currently owned by company insiders.
Keysight Technologies Stock Down 2.7%
Keysight Technologies (NYSE:KEYS – Get Free Report) last announced its quarterly earnings results on Monday, November 24th. The scientific and technical instruments company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.08. The business had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.39 billion. Keysight Technologies had a net margin of 15.71% and a return on equity of 19.30%. The firm’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.65 EPS. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. On average, equities research analysts forecast that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.
Keysight Technologies declared that its board has authorized a stock repurchase program on Monday, November 24th that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the scientific and technical instruments company to purchase up to 4.9% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on the stock. The Goldman Sachs Group reiterated a “buy” rating and set a $232.00 target price on shares of Keysight Technologies in a research report on Tuesday, November 25th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Keysight Technologies in a research note on Monday, December 29th. Wall Street Zen cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 20th. Wells Fargo & Company raised their target price on Keysight Technologies from $190.00 to $225.00 and gave the company an “overweight” rating in a research note on Tuesday, November 25th. Finally, Barclays upped their price target on Keysight Technologies from $195.00 to $232.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. Eight analysts have rated the stock with a Buy rating and four 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 price target of $218.82.
Get Our Latest Stock Analysis on KEYS
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.
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