Confluence Investment Management LLC Has $22.61 Million Position in Keysight Technologies Inc. $KEYS

Confluence Investment Management LLC lowered its stake in shares of Keysight Technologies Inc. (NYSE:KEYS) by 64.0% during the second quarter, HoldingsChannel reports. The institutional investor owned 64,599 shares of the scientific and technical instruments company’s stock after selling 114,905 shares during the quarter. Confluence Investment Management LLC’s holdings in Keysight Technologies were worth $22,614,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in KEYS. Eastern Bank raised its holdings in Keysight Technologies by 79.0% in the 2nd quarter. Eastern Bank now owns 179 shares of the scientific and technical instruments company’s stock valued at $63,000 after acquiring an additional 79 shares in the last quarter. DV Trading LLC increased its position in shares of Keysight Technologies by 355.0% in the first quarter. DV Trading LLC now owns 910 shares of the scientific and technical instruments company’s stock worth $257,000 after purchasing an additional 710 shares during the period. Parallel Advisors LLC increased its position in shares of Keysight Technologies by 12.5% in the first quarter. Parallel Advisors LLC now owns 3,819 shares of the scientific and technical instruments company’s stock worth $1,078,000 after purchasing an additional 424 shares during the period. NewEdge Advisors LLC raised its stake in Keysight Technologies by 19.5% in the first quarter. NewEdge Advisors LLC now owns 9,043 shares of the scientific and technical instruments company’s stock valued at $2,554,000 after purchasing an additional 1,474 shares in the last quarter. Finally, Concorde Asset Management LLC bought a new stake in Keysight Technologies during the first quarter worth about $233,000. Institutional investors own 84.58% of the company’s stock.

Insider Transactions at Keysight Technologies

In other news, CEO Satish Dhanasekaran sold 507 shares of the stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $361.32, for a total value of $183,189.24. Following the completion of the transaction, the chief executive officer directly owned 121,391 shares in the company, valued at approximately $43,860,996.12. This represents a 0.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $340.87, for a total value of $681,740.00. Following the sale, the senior vice president directly owned 105,861 shares in the company, valued at approximately $36,084,839.07. This trade represents a 1.85% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 5,507 shares of company stock worth $1,904,669. Corporate insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on KEYS. Zacks Research upgraded shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. UBS Group boosted their target price on shares of Keysight Technologies from $340.00 to $420.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Morgan Stanley increased their price target on shares of Keysight Technologies from $305.00 to $350.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 20th. The Goldman Sachs Group reissued a “buy” rating on shares of Keysight Technologies in a research note on Wednesday, May 20th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Keysight Technologies from $360.00 to $390.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Keysight Technologies has a consensus rating of “Moderate Buy” and an average target price of $371.92.

Keysight Technologies Trading Up 1.1%

Shares of Keysight Technologies stock opened at $322.45 on Tuesday. The firm’s 50 day moving average is $332.92 and its 200 day moving average is $303.80. The firm has a market capitalization of $55.11 billion, a PE ratio of 53.04, a price-to-earnings-growth ratio of 1.82 and a beta of 1.22. Keysight Technologies Inc. has a 1 year low of $152.85 and a 1 year high of $374.96. 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 (NYSE:KEYS) last issued its quarterly earnings data on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, beating 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 business had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter in the prior year, the firm earned $1.70 EPS. The firm’s revenue was up 31.5% compared to the same quarter last year. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. Equities research analysts forecast that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal 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.