Jennison Associates LLC Has $141.65 Million Position in Keysight Technologies Inc. $KEYS

Jennison Associates LLC lessened its position in shares of Keysight Technologies Inc. (NYSE:KEYS) by 22.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 809,795 shares of the scientific and technical instruments company’s stock after selling 236,176 shares during the quarter. Jennison Associates LLC owned approximately 0.47% of Keysight Technologies worth $141,649,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. AQR Capital Management LLC increased its holdings in shares of Keysight Technologies by 92.6% in the first quarter. AQR Capital Management LLC now owns 27,216 shares of the scientific and technical instruments company’s stock valued at $3,965,000 after purchasing an additional 13,085 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in Keysight Technologies by 5.0% in the first quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company’s stock valued at $387,000 after acquiring an additional 122 shares during the period. Empowered Funds LLC increased its holdings in shares of Keysight Technologies by 30.0% in the first quarter. Empowered Funds LLC now owns 10,652 shares of the scientific and technical instruments company’s stock worth $1,595,000 after acquiring an additional 2,461 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of Keysight Technologies by 66.5% during the first quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock worth $59,000 after purchasing an additional 157 shares during the period. Finally, Sivia Capital Partners LLC acquired a new stake in shares of Keysight Technologies during the second quarter worth about $254,000. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Jeffrey K. Li sold 3,934 shares of the stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $200.84, for a total transaction of $790,104.56. Following the transaction, the senior vice president owned 36,699 shares in the company, valued at $7,370,627.16. This trade represents a 9.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Satish Dhanasekaran sold 4,230 shares of the business’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $211.43, for a total transaction of $894,348.90. Following the completion of the sale, the chief executive officer directly owned 128,131 shares of the company’s stock, valued at approximately $27,090,737.33. The trade was a 3.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 78,784 shares of company stock worth $15,841,737 in the last 90 days. Company insiders own 0.61% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Wall Street Zen cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 20th. Morgan Stanley increased their price objective on shares of Keysight Technologies from $208.00 to $227.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 17th. Susquehanna boosted their price objective on shares of Keysight Technologies from $215.00 to $225.00 and gave the company a “positive” rating in a research report on Tuesday, November 25th. Robert W. Baird set a $210.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 26th. Finally, Wells Fargo & Company lifted their price target on Keysight Technologies from $190.00 to $225.00 and gave the company an “overweight” rating in a research note on Tuesday, November 25th. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $219.82.

Keysight Technologies Stock Performance

NYSE KEYS opened at $212.77 on Friday. The stock has a market cap of $36.56 billion, a PE ratio of 43.51, a P/E/G ratio of 2.29 and a beta of 1.18. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.78 and a current ratio of 2.35. The firm has a 50-day moving average of $203.05 and a 200-day moving average of $180.80. Keysight Technologies Inc. has a 52-week low of $121.43 and a 52-week high of $220.12.

Keysight Technologies (NYSE:KEYS) last released 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 firm 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 business’s revenue was up 10.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.65 EPS. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. On average, sell-side analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Keysight Technologies announced that its board has initiated a share buyback plan on Monday, November 24th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the scientific and technical instruments company to buy up to 4.9% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

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.