Principal Financial Group Inc. trimmed its position in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 3.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 192,529 shares of the scientific and technical instruments company’s stock after selling 7,309 shares during the period. Principal Financial Group Inc.’s holdings in Keysight Technologies were worth $39,120,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KEYS. Woodline Partners LP purchased a new position in Keysight Technologies during the 3rd quarter worth approximately $208,891,000. M&T Bank Corp grew its position in Keysight Technologies by 9,349.0% during the 4th quarter. M&T Bank Corp now owns 1,048,176 shares of the scientific and technical instruments company’s stock worth $212,979,000 after purchasing an additional 1,037,083 shares in the last quarter. Man Group plc grew its position in 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 purchasing an additional 628,082 shares in the last quarter. AQR Capital Management LLC grew its position in 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 purchasing an additional 545,620 shares in the last quarter. Finally, Alyeska Investment Group L.P. purchased a new position in Keysight Technologies during the 3rd quarter worth approximately $90,914,000. 84.58% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities analysts have weighed in on KEYS shares. Truist Financial started coverage on shares of Keysight Technologies in a research report on Tuesday, March 31st. They set a “hold” rating and a $310.00 price objective on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Keysight Technologies from $300.00 to $360.00 and gave the stock an “overweight” rating in a research report on Thursday, April 16th. Morgan Stanley lifted their price objective on shares of Keysight Technologies from $227.00 to $268.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 24th. Citigroup lifted their price objective on shares of Keysight Technologies from $282.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday, March 23rd. Finally, The Goldman Sachs Group lifted their price objective on shares of Keysight Technologies from $322.00 to $384.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $314.33.
Insider Buying and Selling at Keysight Technologies
In other news, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $237.68, for a total transaction of $475,360.00. Following the transaction, the senior vice president directly owned 107,861 shares in the company, valued at $25,636,402.48. The trade was a 1.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Satish Dhanasekaran sold 1,667 shares of Keysight Technologies stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $300.00, for a total transaction of $500,100.00. Following the completion of the sale, the chief executive officer directly owned 122,398 shares of the company’s stock, valued at approximately $36,719,400. The trade was a 1.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 40,334 shares of company stock worth $11,533,230 over the last 90 days. 0.40% of the stock is currently owned by insiders.
Keysight Technologies Trading Up 1.5%
Keysight Technologies stock opened at $360.33 on Friday. The company’s fifty day simple moving average is $308.79 and its 200-day simple moving average is $241.16. The company has a quick ratio of 2.02, a current ratio of 2.60 and a debt-to-equity ratio of 0.41. Keysight Technologies Inc. has a 12 month low of $152.52 and a 12 month high of $367.12. The stock has a market cap of $61.80 billion, a P/E ratio of 64.92, a P/E/G ratio of 2.63 and a beta of 1.26.
Keysight Technologies (NYSE:KEYS – Get Free Report) last posted its quarterly earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 EPS for the quarter, beating the consensus estimate of $2.00 by $0.17. Keysight Technologies had a net margin of 16.84% and a return on equity of 19.26%. The business had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same period in the previous year, the company posted $1.82 EPS. Keysight Technologies’s revenue was up 23.3% on a year-over-year basis. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. As a group, sell-side analysts forecast that Keysight Technologies Inc. will post 7.86 EPS for the current fiscal year.
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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