Kestra Advisory Services LLC increased its position in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 153.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,697 shares of the scientific and technical instruments company’s stock after acquiring an additional 9,496 shares during the period. Kestra Advisory Services LLC’s holdings in Keysight Technologies were worth $5,714,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new position in Keysight Technologies in the 2nd quarter valued at approximately $7,030,806,000. State Street Corp grew its position in shares of Keysight Technologies by 3.4% in the 2nd quarter. State Street Corp now owns 8,270,708 shares of the scientific and technical instruments company’s stock valued at $2,895,327,000 after buying an additional 273,042 shares during the last quarter. Amundi increased its position in Keysight Technologies by 12.1% during the 1st quarter. Amundi now owns 2,224,264 shares of the scientific and technical instruments company’s stock valued at $628,065,000 after purchasing an additional 240,167 shares during the period. Allspring Global Investments Holdings LLC increased its position in shares of Keysight Technologies by 4.7% during 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 buying an additional 90,263 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its stake in Keysight Technologies by 1.3% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,550,122 shares of the scientific and technical instruments company’s stock worth $437,708,000 after buying an additional 20,325 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.
Insiders Place Their Bets
In other news, CEO Satish Dhanasekaran sold 3,000 shares of the business’s stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $364.13, for a total transaction of $1,092,390.00. Following the completion of the sale, the chief executive officer directly owned 118,391 shares of the company’s stock, valued at $43,109,714.83. The trade was a 2.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Neil Dougherty sold 2,000 shares of the firm’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $340.79, for a total transaction of $681,580.00. Following the completion of the transaction, the chief financial officer directly owned 123,390 shares in the company, valued at approximately $42,050,078.10. The trade was a 1.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 12,200 shares of company stock worth $4,082,752 in the last quarter. Insiders own 0.40% of the company’s stock.
Keysight Technologies Price Performance
Shares of NYSE KEYS opened at $303.99 on Friday. The firm’s 50-day moving average price is $335.52 and its 200-day moving average price is $318.81. Keysight Technologies Inc. has a 1-year low of $167.23 and a 1-year high of $389.93. The firm has a market capitalization of $51.75 billion, a P/E ratio of 41.76, a P/E/G ratio of 0.76 and a beta of 1.19. 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 (NYSE:KEYS – Get Free Report) last issued its earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS 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 last year, the business posted $1.72 EPS. The firm’s revenue for the quarter was up 36.5% compared to the same quarter last year. 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. Equities research analysts anticipate that Keysight Technologies Inc. will post 10.33 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the stock. Zacks Research lowered shares of Keysight Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 19th. Susquehanna increased their price target on Keysight Technologies from $425.00 to $440.00 and gave the stock a “positive” rating in a report on Wednesday, August 19th. Weiss Ratings raised Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 20th. Truist Financial lifted their price objective on Keysight Technologies from $376.00 to $400.00 and gave the stock a “hold” rating in a research report on Wednesday, August 19th. Finally, The Goldman Sachs Group boosted their price objective on Keysight Technologies from $452.00 to $487.00 and gave the company a “buy” rating in a research note on Tuesday, October 6th. Eleven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $401.42.
Check Out Our Latest Stock Report on KEYS
About Keysight Technologies
Keysight Technologies, Inc. develops electronic design, test and measurement solutions used to design, validate and monitor electronic systems. Its offerings include instruments, software and services that help customers evaluate the performance and reliability of products and networks. The company serves industries including communications, aerospace and defense, automotive, semiconductor and general electronics. Its solutions support work ranging from chip and device development to testing wireless networks, data centers and connected systems.
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