Oppenheimer Asset Management Inc. Makes New Investment in Keysight Technologies Inc. $KEYS

Oppenheimer Asset Management Inc. acquired a new stake in shares of Keysight Technologies Inc. (NYSE:KEYSFree Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 34,042 shares of the scientific and technical instruments company’s stock, valued at approximately $11,917,000.

Other large investors have also made changes to their positions in the company. Quarry LP purchased a new position in shares of Keysight Technologies during the fourth quarter worth $25,000. Cornerstone Planning Group LLC boosted its holdings in Keysight Technologies by 36.1% in the first quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock valued at $32,000 after purchasing an additional 30 shares during the last quarter. Oslo Pensjonsforsikring AS purchased a new stake in Keysight Technologies in the first quarter valued at $44,000. Entrust Financial LLC acquired a new stake in Keysight Technologies during the 4th quarter worth about $45,000. Finally, DV Equities LLC acquired a new stake in Keysight Technologies during the 4th quarter worth about $49,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Keysight Technologies 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 transaction, the director owned 21,821 shares in the company, valued at approximately $7,562,722.18. This represents a 12.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the senior vice president directly owned 105,861 shares in the company, valued at approximately $36,084,839.07. The trade was a 1.85% decrease in their ownership of the stock. 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 90 days, insiders sold 5,507 shares of company stock valued at $1,904,669. 0.40% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have weighed in on KEYS shares. Robert W. Baird lifted their price objective on Keysight Technologies from $375.00 to $385.00 and gave the company an “outperform” rating in a research note on Wednesday, May 20th. Barclays upped their target price on Keysight Technologies from $320.00 to $387.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 20th. Wall Street Zen cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Zacks Research upgraded Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Finally, Morgan Stanley boosted their price target on Keysight Technologies from $305.00 to $350.00 and gave the company an “equal weight” rating in a report on Wednesday, May 20th. One investment 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $371.92.

Get Our Latest Analysis on KEYS

Keysight Technologies Trading Up 1.2%

Shares of Keysight Technologies stock opened at $358.15 on Friday. The firm has a 50-day simple moving average of $333.35 and a two-hundred day simple moving average of $311.41. The company has a market cap of $61.21 billion, a P/E ratio of 58.91, a price-to-earnings-growth ratio of 2.01 and a beta of 1.22. Keysight Technologies Inc. has a fifty-two week low of $152.85 and a fifty-two week high of $374.96. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.51 and a current ratio of 1.90.

Keysight Technologies (NYSE:KEYSGet Free Report) last posted 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 business had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same period in the prior year, the company posted $1.70 EPS. The company’s revenue for the quarter 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, equities analysts predict that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.

About Keysight Technologies

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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