Leith Wheeler Investment Counsel Ltd. trimmed its position in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 38.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 43,704 shares of the scientific and technical instruments company’s stock after selling 27,061 shares during the quarter. Keysight Technologies makes up approximately 1.0% of Leith Wheeler Investment Counsel Ltd.’s holdings, making the stock its 27th largest position. Leith Wheeler Investment Counsel Ltd.’s holdings in Keysight Technologies were worth $12,341,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in KEYS. AQR Capital Management LLC grew its stake in 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 worth $3,965,000 after purchasing an additional 13,085 shares during the period. Integrated Wealth Concepts LLC lifted its position in Keysight Technologies by 5.0% during 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 buying an additional 122 shares during the period. Empowered Funds LLC boosted its holdings in shares of Keysight Technologies by 30.0% during the 1st quarter. Empowered Funds LLC now owns 10,652 shares of the scientific and technical instruments company’s stock valued at $1,595,000 after buying an additional 2,461 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Keysight Technologies by 66.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock valued at $59,000 after buying an additional 157 shares in the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in shares of Keysight Technologies in the 2nd quarter worth about $254,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.
Insider Activity at Keysight Technologies
In other Keysight Technologies news, Director James Cullen sold 3,000 shares of the stock in a transaction 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 sale, the director directly owned 21,821 shares in the company, valued at approximately $7,562,722.18. This trade represents a 12.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $340.87, for a total value of $681,740.00. Following the completion of the sale, the senior vice president directly owned 105,861 shares of the company’s stock, valued at approximately $36,084,839.07. The trade was a 1.85% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 5,507 shares of company stock valued at $1,904,669. 0.40% of the stock is owned by corporate insiders.
Keysight Technologies Stock Down 0.6%
Keysight Technologies (NYSE:KEYS – Get Free Report) last issued its earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.55. Keysight Technologies had a net margin of 17.25% and a return on equity of 21.58%. The firm had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter in the prior year, the firm posted $1.70 earnings per share. The business’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. Analysts predict that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
KEYS has been the subject of several research reports. Weiss Ratings upgraded shares of Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. Susquehanna boosted their price objective on shares of Keysight Technologies from $415.00 to $425.00 and gave the stock a “positive” rating in a research note on Wednesday, May 20th. Robert W. Baird raised their target price on shares of Keysight Technologies from $375.00 to $385.00 and gave the company an “outperform” rating in a research note on Wednesday, May 20th. The Goldman Sachs Group reissued a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, May 20th. Finally, Citigroup raised their price objective on Keysight Technologies from $320.00 to $396.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $371.92.
Read Our Latest Report on Keysight Technologies
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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