Illinois Municipal Retirement Fund decreased its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 31.6% during the 1st quarter, Holdings Channel reports. The firm owned 58,480 shares of the scientific and technical instruments company’s stock after selling 27,036 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Keysight Technologies were worth $16,513,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. WPG Advisers LLC grew its position in shares of Keysight Technologies by 16.5% during the 1st quarter. WPG Advisers LLC now owns 219 shares of the scientific and technical instruments company’s stock worth $62,000 after buying an additional 31 shares during the period. Drucker Wealth 3.0 LLC increased its stake in shares of Keysight Technologies by 2.8% in the 1st quarter. Drucker Wealth 3.0 LLC now owns 1,260 shares of the scientific and technical instruments company’s stock valued at $356,000 after acquiring an additional 34 shares in the last quarter. Kestra Private Wealth Services LLC lifted its position in shares of Keysight Technologies by 3.5% during the 1st quarter. Kestra Private Wealth Services LLC now owns 1,201 shares of the scientific and technical instruments company’s stock valued at $339,000 after acquiring an additional 41 shares during the period. Anchyra Partners LLC boosted its stake in Keysight Technologies by 3.7% during the first quarter. Anchyra Partners LLC now owns 1,404 shares of the scientific and technical instruments company’s stock worth $396,000 after acquiring an additional 50 shares in the last quarter. Finally, Haven Private LLC grew its holdings in Keysight Technologies by 1.3% in the fourth quarter. Haven Private LLC now owns 4,063 shares of the scientific and technical instruments company’s stock worth $826,000 after purchasing an additional 52 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.
Insider Transactions at Keysight Technologies
In other news, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The shares were 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 directly owned 105,861 shares in the company, valued at approximately $36,084,839.07. This trade represents a 1.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Satish Dhanasekaran sold 507 shares of the company’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $361.32, for a total transaction of $183,189.24. Following the sale, the chief executive officer directly owned 121,391 shares in the company, valued at $43,860,996.12. This trade represents a 0.42% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 5,507 shares of company stock valued at $1,904,669. 0.40% of the stock is currently owned by corporate insiders.
Keysight Technologies Price Performance
Keysight Technologies (NYSE:KEYS – Get Free Report) last issued its quarterly earnings data 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. The business had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.71 billion. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The firm’s quarterly revenue was up 31.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.70 EPS. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. Equities research analysts anticipate that Keysight Technologies Inc. will post 9.03 earnings per share for the current year.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on KEYS shares. Wall Street Zen upgraded shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a report on Monday. Truist Financial raised their target price on Keysight Technologies from $310.00 to $376.00 and gave the company a “hold” rating in a research note on Thursday, May 21st. Robert W. Baird upped their price objective on shares of Keysight Technologies from $375.00 to $385.00 and gave the stock an “outperform” rating in a report on Wednesday, May 20th. Wells Fargo & Company raised their target price on Keysight Technologies from $300.00 to $390.00 and gave the company an “overweight” rating in a report on Wednesday, May 20th. Finally, Barclays boosted their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $371.92.
Check Out Our Latest Stock Analysis on KEYS
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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