Prudential PLC decreased its stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 2.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,385 shares of the scientific and technical instruments company’s stock after selling 1,600 shares during the period. Prudential PLC’s holdings in Keysight Technologies were worth $11,660,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in KEYS. Norges Bank acquired a new position in Keysight Technologies during the 4th quarter valued at about $435,542,000. Woodline Partners LP acquired a new position in Keysight Technologies during the 3rd quarter valued at about $208,891,000. M&T Bank Corp lifted its position in Keysight Technologies by 9,349.0% during the 4th quarter. M&T Bank Corp now owns 1,048,176 shares of the scientific and technical instruments company’s stock valued at $212,979,000 after purchasing an additional 1,037,083 shares during the period. Man Group plc lifted its position in Keysight Technologies by 164.3% during the 2nd quarter. Man Group plc now owns 1,010,399 shares of the scientific and technical instruments company’s stock valued at $165,564,000 after purchasing an additional 628,082 shares during the period. Finally, AQR Capital Management LLC lifted its position in Keysight Technologies by 2,004.8% during the 2nd quarter. AQR Capital Management LLC now owns 572,836 shares of the scientific and technical instruments company’s stock valued at $93,865,000 after purchasing an additional 545,620 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on the stock. Citigroup upped their target price on shares of Keysight Technologies from $320.00 to $396.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Weiss Ratings restated a “hold (c+)” rating on shares of Keysight Technologies in a research report on Wednesday. UBS Group increased their price target on shares of Keysight Technologies from $340.00 to $420.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Wells Fargo & Company increased their price target on shares of Keysight Technologies from $300.00 to $390.00 and gave the company an “overweight” rating in a research report on Wednesday, May 20th. Finally, Barclays increased their price target on shares of Keysight Technologies from $320.00 to $387.00 and gave the company an “overweight” rating in a research report on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $371.92.
Keysight Technologies Price Performance
NYSE KEYS opened at $329.67 on Friday. The business has a 50 day simple moving average of $332.65 and a 200 day simple moving average of $265.85. Keysight Technologies Inc. has a 52-week low of $152.85 and a 52-week high of $370.17. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.51 and a current ratio of 1.90. The stock has a market cap of $56.54 billion, a price-to-earnings ratio of 54.22, a PEG ratio of 1.96 and a beta of 1.22.
Keysight Technologies (NYSE:KEYS – Get Free Report) last posted its earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.55. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The business had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same period in the prior year, the business earned $1.70 EPS. Keysight Technologies’s revenue for the quarter was up 31.5% compared to the same quarter last year. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. Analysts anticipate that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.
Insider Activity at Keysight Technologies
In other news, SVP Jeffrey K. Li sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $297.19, for a total transaction of $594,380.00. Following the completion of the transaction, the senior vice president directly owned 34,499 shares of the company’s stock, valued at $10,252,757.81. This trade represents a 5.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ronald S. Nersesian sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $285.96, for a total transaction of $8,578,800.00. Following the transaction, the director directly owned 163,377 shares of the company’s stock, valued at $46,719,286.92. This represents a 15.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 40,334 shares of company stock worth $11,793,190. 0.40% of the stock is currently owned by corporate insiders.
About Keysight Technologies
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.
Featured Articles
- Five stocks we like better than Keysight Technologies
- AI Server Earnings: Wall Street Sees One Clear Standout
- Navitas: NVIDIA’s AI Power Broker?
- A Lulu of a Miss Sends Lululemon to New Lows—Look Out Below
- NVIDIA’s New Power Play: Why Fluence Is Surging
Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies Inc. (NYSE:KEYS – Free Report).
Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
