Man Group plc raised its stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 5.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,125,891 shares of the scientific and technical instruments company’s stock after acquiring an additional 55,936 shares during the period. Man Group plc’s holdings in Keysight Technologies were worth $228,770,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Quarry LP bought a new position in Keysight Technologies during the 4th quarter valued at about $25,000. Optiver Holding B.V. bought a new position in Keysight Technologies during the 3rd quarter valued at about $35,000. Entrust Financial LLC bought a new position in Keysight Technologies during the 4th quarter valued at about $45,000. DV Equities LLC bought a new position in Keysight Technologies during the 4th quarter valued at about $49,000. Finally, Atlantic Edge Private Wealth Management LLC lifted its stake in Keysight Technologies by 497.7% during the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 257 shares of the scientific and technical instruments company’s stock valued at $52,000 after acquiring an additional 214 shares during the period. Institutional investors own 84.58% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on the stock. Truist Financial upped their target price on shares of Keysight Technologies from $310.00 to $376.00 and gave the company a “hold” rating in a research note on Thursday, May 21st. Morgan Stanley upped their target price on shares of Keysight Technologies from $305.00 to $350.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 20th. Wall Street Zen upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, May 20th. Finally, Bank of America raised shares of Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 price target for the company in a research report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Keysight Technologies has an average rating of “Moderate Buy” and a consensus price target of $371.92.
Insider Activity at Keysight Technologies
In other news, Director James Cullen sold 3,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total transaction of $1,039,740.00. Following the completion of the transaction, the director directly owned 21,821 shares in the company, valued at approximately $7,562,722.18. This represents a 12.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jeffrey K. Li sold 2,000 shares of the stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $297.19, for a total value of $594,380.00. Following the transaction, the senior vice president owned 34,499 shares of the company’s stock, valued at $10,252,757.81. This represents a 5.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 8,667 shares of company stock valued at $2,730,960. Corporate insiders own 0.40% of the company’s stock.
Keysight Technologies Trading Down 0.0%
Keysight Technologies stock opened at $350.12 on Thursday. The company has a current ratio of 1.90, a quick ratio of 1.51 and a debt-to-equity ratio of 0.29. Keysight Technologies Inc. has a 12-month low of $152.85 and a 12-month high of $370.17. The firm has a 50 day moving average of $341.80 and a 200 day moving average of $275.49. The firm has a market capitalization of $59.83 billion, a price-to-earnings ratio of 57.59, a P/E/G ratio of 2.00 and a beta of 1.22.
Keysight Technologies (NYSE:KEYS – Get Free Report) last announced its quarterly earnings data on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.55. Keysight Technologies had a net margin of 17.25% and a return on equity of 21.58%. The business had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.71 billion. During the same period last year, the firm posted $1.70 EPS. The company’s revenue was up 31.5% on a year-over-year basis. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. As a group, research analysts predict that Keysight Technologies Inc. will post 9.03 earnings per share for the current year.
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.
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