Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 71.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,309 shares of the scientific and technical instruments company’s stock after buying an additional 20,200 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Keysight Technologies were worth $13,641,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. Belpointe Asset Management LLC acquired a new stake in shares of Keysight Technologies during the fourth quarter worth about $1,123,000. Confluence Investment Management LLC boosted its position in Keysight Technologies by 2.3% in the fourth quarter. Confluence Investment Management LLC now owns 334,338 shares of the scientific and technical instruments company’s stock valued at $67,934,000 after buying an additional 7,398 shares during the last quarter. Willis Investment Counsel increased its holdings in Keysight Technologies by 5.7% in the 4th quarter. Willis Investment Counsel now owns 80,609 shares of the scientific and technical instruments company’s stock worth $16,379,000 after buying an additional 4,333 shares during the period. Guyasuta Investment Advisors Inc. acquired a new position in Keysight Technologies in the 4th quarter worth approximately $1,137,000. Finally, Oak Harvest Investment Services purchased a new position in Keysight Technologies during the 4th quarter worth approximately $4,070,000. 84.58% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research firms have recently commented on KEYS. Citigroup upped their price objective on shares of Keysight Technologies from $320.00 to $396.00 and gave the company a “buy” rating in a report on Thursday, May 21st. The Goldman Sachs Group reissued a “buy” rating on shares of Keysight Technologies in a report on Wednesday, May 20th. Barclays raised their target price on shares of Keysight Technologies from $320.00 to $387.00 and gave the stock an “overweight” rating in a report on Wednesday, May 20th. JPMorgan Chase & Co. boosted their target price on shares of Keysight Technologies from $360.00 to $390.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. Finally, Wells Fargo & Company increased their price target on Keysight Technologies from $300.00 to $390.00 and gave the stock 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. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $371.92.
Insider Buying and Selling at Keysight Technologies
In related news, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $340.87, for a total value of $681,740.00. Following the completion of the transaction, the senior vice president owned 105,861 shares in the company, valued at $36,084,839.07. The trade was a 1.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Cullen sold 3,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total value of $1,039,740.00. Following the completion of the transaction, the director directly owned 21,821 shares of the company’s stock, valued at $7,562,722.18. The trade was a 12.09% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 5,507 shares of company stock valued at $1,904,669. Corporate insiders own 0.40% of the company’s stock.
Keysight Technologies Trading Up 0.2%
Keysight Technologies stock opened at $314.36 on Friday. The firm has a market cap of $53.72 billion, a PE ratio of 51.70, a P/E/G ratio of 1.79 and a beta of 1.21. Keysight Technologies Inc. has a 12 month low of $152.85 and a 12 month high of $374.96. The stock’s 50 day simple moving average is $346.37 and its two-hundred day simple moving average is $286.69. The company has a current ratio of 1.90, a quick ratio of 1.51 and a debt-to-equity ratio of 0.29.
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 for the quarter, beating the consensus estimate of $2.32 by $0.55. Keysight Technologies had a net margin of 17.25% and a return on equity of 21.58%. The firm had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.71 billion. During the same period in the previous year, the firm earned $1.70 EPS. The business’s quarterly revenue was up 31.5% on a year-over-year basis. 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 year.
Keysight Technologies Company 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.
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