Primecap Management Co. CA Invests $206.18 Million in Keysight Technologies Inc. $KEYS

Primecap Management Co. CA bought a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 588,975 shares of the scientific and technical instruments company’s stock, valued at approximately $206,182,000. Primecap Management Co. CA owned 0.34% of Keysight Technologies as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of KEYS. Quarry LP acquired a new position in Keysight Technologies in the 4th quarter worth about $25,000. Fiduciary Financial Advisors acquired a new stake in Keysight Technologies in the second quarter valued at approximately $28,000. IMG Wealth Management Inc. purchased a new stake in shares of Keysight Technologies in the second quarter valued at approximately $29,000. Cornerstone Planning Group LLC increased its position in shares of Keysight Technologies by 36.1% in the first quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock valued at $32,000 after buying an additional 30 shares in the last quarter. Finally, Compass Financial Management LLC acquired a new position in shares of Keysight Technologies during the 2nd quarter worth approximately $34,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Up 3.2%

Shares of KEYS opened at $320.54 on Wednesday. The stock has a 50 day moving average price of $331.33 and a 200 day moving average price of $317.27. Keysight Technologies Inc. has a one year low of $158.79 and a one year high of $374.96. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.62 and a current ratio of 2.02. The stock has a market capitalization of $54.78 billion, a price-to-earnings ratio of 44.03, a PEG ratio of 1.77 and a beta of 1.22.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $1.75 billion. During the same quarter last year, the firm posted $1.72 EPS. The firm’s revenue for the quarter was up 36.5% on a year-over-year basis. 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 forecast that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. The Goldman Sachs Group reiterated a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, May 20th. Barclays upped their price objective on shares of Keysight Technologies from $387.00 to $429.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. Zacks Research raised shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Robert W. Baird increased their price objective on shares of Keysight Technologies from $385.00 to $410.00 and gave the company an “outperform” rating in a report on Wednesday, August 19th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Keysight Technologies from $400.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $392.83.

Insider Buying and Selling at Keysight Technologies

In related news, Director Jean Mcclung Nye sold 3,000 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $319.22, for a total transaction of $957,660.00. Following the completion of the sale, the director owned 35,752 shares of the company’s stock, valued at approximately $11,412,753.44. This represents a 7.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $314.66, for a total transaction of $629,320.00. Following the completion of the sale, the senior vice president owned 103,861 shares of the company’s stock, valued at approximately $32,680,902.26. The trade was a 1.89% 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. In the last three months, insiders sold 10,507 shares of company stock valued at $3,491,649. Corporate 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.