USA Financial Formulas acquired a new position in Keysight Technologies Inc. (NYSE:KEYS – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 2,311 shares of the scientific and technical instruments company’s stock, valued at approximately $841,000.
Several other large investors have also recently modified their holdings of KEYS. Railway Pension Investments Ltd purchased a new stake in shares of Keysight Technologies in the 2nd quarter worth about $36,099,000. Allworth Financial LP bought a new stake in shares of Keysight Technologies during the 2nd quarter valued at about $2,316,000. Findlay Park Partners LLP purchased a new position in shares of Keysight Technologies during the second quarter valued at about $157,137,000. Oppenheimer Asset Management Inc. purchased a new position in shares of Keysight Technologies during the second quarter valued at about $11,917,000. Finally, Envestnet Asset Management Inc. increased its position in shares of Keysight Technologies by 3.4% during the second quarter. Envestnet Asset Management Inc. now owns 382,082 shares of the scientific and technical instruments company’s stock valued at $133,755,000 after buying an additional 12,508 shares during the period. Hedge funds and other institutional investors own 84.58% of the company’s stock.
Insider Buying and Selling
In related news, SVP Ingrid Estrada sold 2,000 shares of the stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $326.10, for a total value of $652,200.00. Following the completion of the transaction, the senior vice president directly owned 101,861 shares in the company, valued at $33,216,872.10. This trade represents a 1.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jean Mcclung Nye sold 3,000 shares of Keysight Technologies stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $319.22, for a total transaction of $957,660.00. Following the transaction, the director directly owned 35,752 shares of the company’s stock, valued at approximately $11,412,753.44. This trade represents a 7.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 12,200 shares of company stock worth $4,082,752 over the last 90 days. Corporate insiders own 0.40% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on KEYS shares. Truist Financial increased their price target on shares of Keysight Technologies from $376.00 to $400.00 and gave the stock a “hold” rating in a research note on Wednesday, August 19th. UBS Group lifted their price objective on Keysight Technologies from $420.00 to $440.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. Robert W. Baird lifted their price objective on Keysight Technologies from $385.00 to $410.00 and gave the company an “outperform” rating in a research report on Wednesday, August 19th. The Goldman Sachs Group upped their target price on Keysight Technologies from $452.00 to $487.00 and gave the stock a “buy” rating in a report on Tuesday, October 6th. Finally, Wells Fargo & Company upped their target price on Keysight Technologies from $390.00 to $405.00 and gave the stock an “overweight” rating in a report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $401.42.
Check Out Our Latest Stock Report on Keysight Technologies
Keysight Technologies Price Performance
KEYS opened at $330.72 on Friday. The company has a current ratio of 2.02, a quick ratio of 1.62 and a debt-to-equity ratio of 0.28. The company has a market cap of $56.30 billion, a price-to-earnings ratio of 45.43, a price-to-earnings-growth ratio of 1.04 and a beta of 1.17. The stock has a fifty day simple moving average of $343.65 and a two-hundred day simple moving average of $336.89. Keysight Technologies Inc. has a 12-month low of $161.16 and a 12-month high of $389.93.
Keysight Technologies (NYSE:KEYS – Get Free Report) last announced 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 analysts’ expectations of $1.75 billion. During the same quarter in the previous year, the business posted $1.72 EPS. The company’s quarterly 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. Research analysts predict that Keysight Technologies Inc. will post 10.33 earnings per share for the current fiscal year.
Keysight Technologies Company Profile
Keysight Technologies, Inc is a technology company that provides electronic design and test solutions for communications, aerospace and defense, automotive, semiconductor, energy, and other industries. Its products and services help engineers design, validate, manufacture, and optimize electronic systems and communications networks.
The company offers test and measurement instruments, software, network test and visibility solutions, simulation and modeling tools, cybersecurity testing capabilities, and related technical services.
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