Polar Asset Management Partners Inc. Sells 16,804 Shares of Keysight Technologies Inc. $KEYS

Polar Asset Management Partners Inc. cut its stake in shares of Keysight Technologies Inc. (NYSE:KEYS) by 40.5% during the third quarter, HoldingsChannel.com reports. The fund owned 24,639 shares of the scientific and technical instruments company’s stock after selling 16,804 shares during the quarter. Polar Asset Management Partners Inc.’s holdings in Keysight Technologies were worth $4,310,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Optiver Holding B.V. purchased a new stake in shares of Keysight Technologies in the third quarter valued at approximately $35,000. Westfuller Advisors LLC purchased a new position in Keysight Technologies during the 3rd quarter worth $45,000. True Wealth Design LLC raised its position in Keysight Technologies by 68.5% during the 3rd quarter. True Wealth Design LLC now owns 278 shares of the scientific and technical instruments company’s stock valued at $49,000 after purchasing an additional 113 shares in the last quarter. Atlantic Union Bankshares Corp raised its position in Keysight Technologies by 36.2% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 286 shares of the scientific and technical instruments company’s stock valued at $50,000 after purchasing an additional 76 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new stake in shares of Keysight Technologies in the 3rd quarter worth $51,000. Institutional investors own 84.58% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Wells Fargo & Company increased their price target on Keysight Technologies from $225.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 24th. Bank of America raised shares of Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 price objective for the company in a research note on Tuesday, February 24th. JPMorgan Chase & Co. increased their target price on shares of Keysight Technologies from $255.00 to $300.00 and gave the stock an “overweight” rating in a report on Tuesday, February 24th. UBS Group raised their target price on shares of Keysight Technologies from $230.00 to $340.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Finally, Jefferies Financial Group boosted their price target on shares of Keysight Technologies from $195.00 to $220.00 and gave the company a “hold” rating in a report on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $295.36.

Keysight Technologies Price Performance

KEYS opened at $290.29 on Friday. The firm has a market capitalization of $49.78 billion, a PE ratio of 52.30, a price-to-earnings-growth ratio of 2.21 and a beta of 1.12. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.60 and a quick ratio of 2.02. The business’s 50-day moving average is $248.17 and its two-hundred day moving average is $206.34. Keysight Technologies Inc. has a 1 year low of $121.43 and a 1 year high of $317.00.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 EPS for the quarter, beating the consensus estimate of $2.00 by $0.17. Keysight Technologies had a net margin of 16.84% and a return on equity of 19.26%. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same period in the prior year, the firm posted $1.82 earnings per share. The company’s quarterly revenue was up 23.3% on a year-over-year basis. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. Research analysts anticipate that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Keysight Technologies declared that its board has initiated a stock buyback plan on Monday, November 24th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the scientific and technical instruments company to reacquire up to 4.9% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, Director Ronald S. Nersesian sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $285.96, for a total value of $8,578,800.00. Following the completion of the sale, the director directly owned 163,377 shares in the company, valued at $46,719,286.92. This trade represents a 15.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Neil Dougherty sold 1,000 shares of Keysight Technologies stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $203.72, for a total transaction of $203,720.00. Following the completion of the transaction, the chief financial officer directly owned 127,833 shares in the company, valued at $26,042,138.76. This represents a 0.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 34,889 shares of company stock valued at $9,746,021 over the last three months. Company insiders own 0.40% of the company’s stock.

Keysight Technologies Profile

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.