Keysight Technologies Inc. $KEYS Stock: Sumitomo Mitsui DS Asset Management Company Ltd Raises Holdings

Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in Keysight Technologies Inc. (NYSE:KEYS) by 67.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 57,666 shares of the scientific and technical instruments company’s stock after acquiring an additional 23,167 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Keysight Technologies were worth $20,993,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in Keysight Technologies during the second quarter worth $7,030,806,000. State Street Corp raised its holdings in shares of Keysight Technologies by 3.4% in the second quarter. State Street Corp now owns 8,270,708 shares of the scientific and technical instruments company’s stock worth $2,895,327,000 after acquiring an additional 273,042 shares during the last quarter. Amundi raised its holdings in shares of Keysight Technologies by 12.1% in the first quarter. Amundi now owns 2,224,264 shares of the scientific and technical instruments company’s stock worth $628,065,000 after acquiring an additional 240,167 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Keysight Technologies by 4.7% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,005,409 shares of the scientific and technical instruments company’s stock worth $581,248,000 after acquiring an additional 90,263 shares during the last quarter. Finally, Legal & General Group Plc acquired a new position in shares of Keysight Technologies in the second quarter worth $464,017,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Stock Down 0.5%

Shares of NYSE KEYS opened at $334.32 on Wednesday. The firm has a market cap of $56.92 billion, a P/E ratio of 45.92, a price-to-earnings-growth ratio of 1.06 and a beta of 1.17. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.62 and a current ratio of 2.02. Keysight Technologies Inc. has a 1 year low of $163.32 and a 1 year high of $389.93. The firm’s 50 day moving average price is $343.44 and its 200 day moving average price is $338.06.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.59. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%. The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same period in the previous year, the firm posted $1.72 EPS. Keysight Technologies’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. As a group, sell-side analysts anticipate that Keysight Technologies Inc. will post 10.33 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Morgan Stanley upped their price objective on Keysight Technologies from $400.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. Weiss Ratings upgraded Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 20th. The Goldman Sachs Group lifted their price objective on Keysight Technologies from $452.00 to $487.00 and gave the stock a “buy” rating in a research report on Tuesday, October 6th. Robert W. Baird boosted their target price on shares of Keysight Technologies from $385.00 to $410.00 and gave the company an “outperform” rating in a research note on Wednesday, August 19th. Finally, UBS Group upped their target price on shares of Keysight Technologies from $420.00 to $440.00 and gave the company a “buy” rating in a report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $401.42.

Insiders Place Their Bets

In other news, VP Lisa Poole sold 200 shares of Keysight Technologies stock in a transaction on Wednesday, September 23rd. The stock was sold at an average price of $348.01, for a total value of $69,602.00. Following the completion of the sale, the vice president owned 6,134 shares of the company’s stock, valued at $2,134,693.34. The trade was a 3.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jean Mcclung Nye sold 3,000 shares of the company’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $319.22, for a total value of $957,660.00. Following the completion of the transaction, the director owned 35,752 shares of the company’s stock, valued at $11,412,753.44. The trade was a 7.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 12,200 shares of company stock valued at $4,082,752. 0.40% of the stock is currently owned by company insiders.

Keysight Technologies Company Profile

Keysight Technologies, Inc (NYSE: KEYS) provides electronic design and test solutions used to develop, validate, and optimize communications systems, electronic devices, and other technologies. Its customers include companies in the communications, aerospace and defense, automotive, semiconductor, electronics, energy, education, and government sectors.

The company’s product portfolio includes electronic test and measurement instruments, software, network test and visibility solutions, radio-frequency and microwave systems, oscilloscopes, signal analyzers, wireless and wireline test platforms, and cybersecurity testing tools.