Sanctuary Advisors LLC Invests $7.62 Million in Keysight Technologies Inc. $KEYS

Sanctuary Advisors LLC acquired a new stake in Keysight Technologies Inc. (NYSE:KEYSFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 21,782 shares of the scientific and technical instruments company’s stock, valued at approximately $7,625,000.

Other institutional investors have also recently made changes to their positions in the company. Allworth Financial LP acquired a new position in shares of Keysight Technologies during the second quarter worth about $2,316,000. Findlay Park Partners LLP acquired a new stake in Keysight Technologies in the second quarter valued at approximately $157,137,000. Oppenheimer Asset Management Inc. acquired a new stake in Keysight Technologies in the second quarter valued at approximately $11,917,000. Comerica Bank lifted its stake in Keysight Technologies by 57.2% in the fourth quarter. Comerica Bank now owns 52,506 shares of the scientific and technical instruments company’s stock worth $10,669,000 after acquiring an additional 19,104 shares during the last quarter. Finally, Jefferies Financial Group Inc. purchased a new position in Keysight Technologies in the fourth quarter worth approximately $9,739,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on KEYS. Robert W. Baird increased their price objective on shares of Keysight Technologies from $385.00 to $410.00 and gave the company an “outperform” rating in a research report on Wednesday, August 19th. Morgan Stanley lifted their price objective on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. Barclays increased their target price on Keysight Technologies from $387.00 to $429.00 and gave the company an “overweight” rating in a report on Wednesday, August 19th. Zacks Research upgraded Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, Wall Street Zen downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $392.83.

Read Our Latest Stock Report on KEYS

Insiders Place Their Bets

In other news, Director James Cullen sold 3,000 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total value of $1,039,740.00. Following the completion of the sale, the director directly owned 21,821 shares of the company’s stock, valued at approximately $7,562,722.18. The trade was a 12.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Satish Dhanasekaran sold 507 shares of the company’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $361.32, for a total value of $183,189.24. Following the completion of the sale, the chief executive officer directly owned 121,391 shares of the company’s stock, valued at approximately $43,860,996.12. This trade represents a 0.42% decrease in their ownership of the stock. 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 90 days, insiders have sold 7,507 shares of company stock valued at $2,533,989. 0.40% of the stock is currently owned by insiders.

Keysight Technologies Stock Down 1.7%

Shares of NYSE:KEYS opened at $310.69 on Tuesday. The company has a market capitalization of $53.10 billion, a PE ratio of 42.68, a P/E/G ratio of 1.80 and a beta of 1.22. The company has a current ratio of 2.02, a quick ratio of 1.62 and a debt-to-equity ratio of 0.28. Keysight Technologies Inc. has a twelve month low of $158.79 and a twelve month high of $374.96. The firm has a 50 day simple moving average of $331.94 and a 200-day simple moving average of $316.57.

Keysight Technologies (NYSE:KEYSGet Free Report) last posted its earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, beating analysts’ consensus estimates of $2.48 by $0.59. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The firm had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.75 billion. During the same period last year, the firm posted $1.72 EPS. The company’s revenue was up 36.5% on a year-over-year basis. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. On average, equities analysts predict that Keysight Technologies Inc. will post 9.03 EPS for the current fiscal year.

Keysight Technologies Profile

(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.

See Also

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

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