Skandinaviska Enskilda Banken AB publ Cuts Position in Keysight Technologies Inc. $KEYS

Skandinaviska Enskilda Banken AB publ lowered its position in shares of Keysight Technologies Inc. (NYSE:KEYS) by 14.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 79,266 shares of the scientific and technical instruments company’s stock after selling 13,102 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Keysight Technologies were worth $13,865,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in KEYS. Vanguard Group Inc. increased its stake in Keysight Technologies by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 21,423,838 shares of the scientific and technical instruments company’s stock worth $3,747,458,000 after buying an additional 97,064 shares during the period. State Street Corp grew its stake in shares of Keysight Technologies by 0.7% during the second quarter. State Street Corp now owns 7,973,742 shares of the scientific and technical instruments company’s stock valued at $1,306,577,000 after acquiring an additional 55,358 shares in the last quarter. Boston Partners increased its position in shares of Keysight Technologies by 10.5% during the second quarter. Boston Partners now owns 4,709,540 shares of the scientific and technical instruments company’s stock worth $771,359,000 after acquiring an additional 446,123 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Keysight Technologies by 0.9% in the second quarter. Geode Capital Management LLC now owns 4,575,953 shares of the scientific and technical instruments company’s stock worth $747,437,000 after acquiring an additional 40,560 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Keysight Technologies in the second quarter worth about $316,690,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Trading Up 2.3%

Shares of NYSE:KEYS opened at $239.87 on Thursday. The stock has a market capitalization of $41.14 billion, a price-to-earnings ratio of 49.05, a PEG ratio of 2.46 and a beta of 1.20. Keysight Technologies Inc. has a 1-year low of $121.43 and a 1-year high of $243.00. The company has a 50 day moving average price of $215.21 and a 200 day moving average price of $188.90. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.78 and a current ratio of 2.35.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Monday, November 24th. The scientific and technical instruments company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.08. The business had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.39 billion. Keysight Technologies had a return on equity of 19.30% and a net margin of 15.71%.The company’s revenue was up 10.1% compared to the same quarter last year. During the same period last year, the company posted $1.65 EPS. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. On average, research analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Keysight Technologies announced that its Board of Directors has approved a share buyback program on Monday, November 24th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the scientific and technical instruments company to purchase up to 4.9% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its stock is undervalued.

Insider Buying and Selling

In related news, SVP Jeffrey K. Li sold 3,934 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $200.84, for a total value of $790,104.56. Following the completion of the transaction, the senior vice president owned 36,699 shares of the company’s stock, valued at approximately $7,370,627.16. This trade represents a 9.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Ronald S. Nersesian sold 30,000 shares of the stock in a transaction on Friday, November 28th. The shares were sold at an average price of $196.88, for a total value of $5,906,400.00. Following the completion of the sale, the director owned 198,389 shares of the company’s stock, valued at $39,058,826.32. The trade was a 13.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 78,784 shares of company stock valued at $15,841,737. Company insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on KEYS. Weiss Ratings reiterated a “hold (c)” rating on shares of Keysight Technologies in a research note on Monday, December 29th. Barclays increased their target price on shares of Keysight Technologies from $195.00 to $232.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. Susquehanna lifted their price target on shares of Keysight Technologies from $215.00 to $225.00 and gave the company a “positive” rating in a report on Tuesday, November 25th. Jefferies Financial Group increased their price target on Keysight Technologies from $195.00 to $220.00 and gave the stock a “hold” rating in a research report on Wednesday, December 10th. Finally, Wall Street Zen downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $221.64.

About Keysight Technologies

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.