Madison Asset Management LLC Lowers Holdings in Keysight Technologies Inc. $KEYS

Madison Asset Management LLC reduced its position in shares of Keysight Technologies Inc. (NYSE:KEYSFree Report) by 9.1% in the fourth quarter, Holdings Channel reports. The firm owned 519,312 shares of the scientific and technical instruments company’s stock after selling 51,910 shares during the period. Keysight Technologies comprises approximately 1.2% of Madison Asset Management LLC’s holdings, making the stock its 22nd biggest position. Madison Asset Management LLC’s holdings in Keysight Technologies were worth $105,519,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in Keysight Technologies by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 21,525,694 shares of the scientific and technical instruments company’s stock worth $4,373,806,000 after buying an additional 101,856 shares in the last quarter. Boston Partners grew its holdings in shares of Keysight Technologies by 3.4% during the third quarter. Boston Partners now owns 4,870,268 shares of the scientific and technical instruments company’s stock worth $851,525,000 after purchasing an additional 160,728 shares in the last quarter. Capital World Investors grew its holdings in shares of Keysight Technologies by 1.6% during the third quarter. Capital World Investors now owns 3,700,709 shares of the scientific and technical instruments company’s stock worth $647,328,000 after purchasing an additional 58,039 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Keysight Technologies by 8.5% in the third quarter. Victory Capital Management Inc. now owns 3,021,463 shares of the scientific and technical instruments company’s stock worth $528,514,000 after purchasing an additional 237,563 shares during the last quarter. Finally, Northern Trust Corp increased its position in shares of Keysight Technologies by 1.7% in the third quarter. Northern Trust Corp now owns 2,076,126 shares of the scientific and technical instruments company’s stock worth $363,156,000 after purchasing an additional 34,098 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Insider Buying and Selling

In other Keysight Technologies news, SVP Jeffrey K. Li sold 2,000 shares of the firm’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $297.19, for a total value of $594,380.00. Following the sale, the senior vice president owned 34,499 shares of the company’s stock, valued at $10,252,757.81. This trade represents a 5.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Neil Dougherty sold 2,000 shares of the company’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $298.37, for a total transaction of $596,740.00. Following the transaction, the chief financial officer directly owned 125,272 shares of the company’s stock, valued at approximately $37,377,406.64. This trade represents a 1.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 40,334 shares of company stock valued at $11,533,230 over the last quarter. Company insiders own 0.40% of the company’s stock.

Keysight Technologies Stock Performance

NYSE KEYS opened at $361.87 on Wednesday. The company has a 50-day simple moving average of $312.27 and a two-hundred day simple moving average of $245.32. Keysight Technologies Inc. has a 12-month low of $152.85 and a 12-month high of $370.17. The firm has a market cap of $62.06 billion, a price-to-earnings ratio of 65.20, a PEG ratio of 2.67 and a beta of 1.26. The company has a quick ratio of 2.02, a current ratio of 2.60 and a debt-to-equity ratio of 0.41.

Keysight Technologies (NYSE:KEYSGet Free Report) last released its quarterly earnings data on Monday, February 23rd. The scientific and technical instruments company reported $2.17 EPS for the quarter, topping the consensus estimate of $2.00 by $0.17. Keysight Technologies had a return on equity of 19.26% and a net margin of 16.84%.The firm had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter in the previous year, the business earned $1.82 earnings per share. The company’s quarterly revenue was up 23.3% on a year-over-year basis. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. On average, equities analysts forecast that Keysight Technologies Inc. will post 7.86 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. JPMorgan Chase & Co. lifted their target price on shares of Keysight Technologies from $300.00 to $360.00 and gave the company an “overweight” rating in a research report on Thursday, April 16th. UBS Group upped their target price on shares of Keysight Technologies from $230.00 to $340.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Morgan Stanley increased their target price on Keysight Technologies from $227.00 to $268.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 24th. Bank of America upgraded Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 price objective on the stock in a research report on Tuesday, February 24th. Finally, Zacks Research upgraded Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $314.33.

Read Our Latest Stock Report on Keysight Technologies

Keysight Technologies Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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