Groupama Asset Managment reduced its position in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 70.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,696 shares of the scientific and technical instruments company’s stock after selling 13,617 shares during the period. Groupama Asset Managment’s holdings in Keysight Technologies were worth $996,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Optiver Holding B.V. purchased a new position in Keysight Technologies during the 3rd quarter valued at about $35,000. Westfuller Advisors LLC purchased a new stake in Keysight Technologies in the 3rd quarter worth approximately $45,000. True Wealth Design LLC grew its position in shares of Keysight Technologies by 68.5% in the 3rd quarter. True Wealth Design LLC now owns 278 shares of the scientific and technical instruments company’s stock worth $49,000 after buying an additional 113 shares during the last quarter. Atlantic Union Bankshares Corp increased its stake in shares of Keysight Technologies by 36.2% during the third quarter. Atlantic Union Bankshares Corp now owns 286 shares of the scientific and technical instruments company’s stock valued at $50,000 after buying an additional 76 shares during the period. Finally, Root Financial Partners LLC purchased a new position in shares of Keysight Technologies during the third quarter valued at approximately $51,000. 84.58% of the stock is owned by institutional investors.
Insider Transactions at Keysight Technologies
In related news, Director Ronald S. Nersesian sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $285.96, for a total transaction of $8,578,800.00. Following the completion of the sale, the director directly owned 163,377 shares in the company, valued at approximately $46,719,286.92. The trade was a 15.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Neil Dougherty sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $203.72, for a total transaction of $203,720.00. Following the sale, the chief financial officer directly owned 127,833 shares of the company’s stock, valued at approximately $26,042,138.76. This represents a 0.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 34,889 shares of company stock worth $9,746,021. 0.40% of the stock is currently owned by corporate insiders.
Keysight Technologies Stock Performance
Keysight Technologies (NYSE:KEYS – Get Free Report) last posted its earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $2.00 by $0.17. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.54 billion. Keysight Technologies had a return on equity of 19.26% and a net margin of 16.84%.Keysight Technologies’s revenue was up 23.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.82 earnings per share. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. As a group, sell-side analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current year.
Keysight Technologies announced that its Board of Directors has initiated a share repurchase plan on Monday, November 24th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the scientific and technical instruments company to reacquire up to 4.9% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.
Wall Street Analysts Forecast Growth
KEYS has been the subject of several research reports. Jefferies Financial Group increased their target price on Keysight Technologies from $195.00 to $220.00 and gave the stock a “hold” rating in a research report on Wednesday, December 10th. Zacks Research upgraded Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 2nd. Wells Fargo & Company increased their price objective on Keysight Technologies from $225.00 to $300.00 and gave the stock an “overweight” rating in a report on Tuesday, February 24th. Robert W. Baird boosted their target price on shares of Keysight Technologies from $230.00 to $257.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Finally, Morgan Stanley upped their target price on shares of Keysight Technologies from $227.00 to $268.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Keysight Technologies currently has an average rating of “Moderate Buy” and an average target price of $295.36.
Read Our Latest Analysis on KEYS
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.
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