Cibc World Market Inc. Makes New Investment in Keysight Technologies Inc. $KEYS

Cibc World Market Inc. bought a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 9,549 shares of the scientific and technical instruments company’s stock, valued at approximately $3,343,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in KEYS. Quarry LP bought a new position in shares of Keysight Technologies in the 4th quarter valued at approximately $25,000. IMG Wealth Management Inc. bought a new stake in Keysight Technologies during the second quarter worth approximately $29,000. Cornerstone Planning Group LLC boosted its position in Keysight Technologies by 36.1% during the first quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock worth $32,000 after purchasing an additional 30 shares during the period. Compass Financial Management LLC acquired a new position in Keysight Technologies during the second quarter valued at approximately $34,000. Finally, Virtus Advisers LLC acquired a new position in Keysight Technologies during the second quarter valued at approximately $35,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on KEYS shares. Citigroup reissued a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, August 19th. Wells Fargo & Company raised their target price on shares of Keysight Technologies from $390.00 to $405.00 and gave the company an “overweight” rating in a research note on Wednesday, August 19th. UBS Group lifted their target price on shares of Keysight Technologies from $420.00 to $440.00 and gave the stock a “buy” rating in a report on Wednesday, August 19th. JPMorgan Chase & Co. boosted their target price on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. Finally, Wall Street Zen cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $392.83.

Keysight Technologies Stock Up 0.7%

Shares of KEYS opened at $322.36 on Thursday. 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 company has a 50-day simple moving average of $330.77 and a 200-day simple moving average of $317.98. Keysight Technologies Inc. has a 52 week low of $158.79 and a 52 week high of $374.96. The firm has a market capitalization of $55.09 billion, a P/E ratio of 44.28, a P/E/G ratio of 1.82 and a beta of 1.22.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share for the quarter, topping 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 business had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.75 billion. During the same period last year, the business earned $1.72 earnings per share. The firm’s revenue for the quarter was up 36.5% compared to the same quarter last year. 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. On average, equities research analysts expect that Keysight Technologies Inc. will post 9.03 earnings per share for the current year.

Insider Transactions at Keysight Technologies

In related news, Director James Cullen sold 3,000 shares of the company’s stock in a transaction on 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 in the company, valued at approximately $7,562,722.18. This represents a 12.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Satish Dhanasekaran sold 507 shares of the company’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $361.32, for a total value of $183,189.24. Following the completion of the transaction, the chief executive officer owned 121,391 shares of the company’s stock, valued at $43,860,996.12. The trade was a 0.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 10,507 shares of company stock worth $3,491,649 over the last 90 days. Insiders own 0.40% of the company’s stock.

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.