OFI Invest Asset Management Grows Position in Keysight Technologies Inc. $KEYS

OFI Invest Asset Management increased its position in shares of Keysight Technologies Inc. (NYSE:KEYS) by 56.0% during the second quarter, Holdings Channel reports. The institutional investor owned 688 shares of the scientific and technical instruments company’s stock after buying an additional 247 shares during the quarter. OFI Invest Asset Management’s holdings in Keysight Technologies were worth $113,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Summit Financial LLC lifted its holdings in Keysight Technologies by 2.2% in the first quarter. Summit Financial LLC now owns 3,468 shares of the scientific and technical instruments company’s stock valued at $519,000 after acquiring an additional 73 shares during the period. Private Trust Co. NA lifted its holdings in Keysight Technologies by 39.9% in the first quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company’s stock valued at $39,000 after acquiring an additional 75 shares during the period. Principal Securities Inc. lifted its holdings in Keysight Technologies by 9.1% in the first quarter. Principal Securities Inc. now owns 910 shares of the scientific and technical instruments company’s stock valued at $146,000 after acquiring an additional 76 shares during the period. NorthCrest Asset Manangement LLC lifted its holdings in Keysight Technologies by 2.4% in the second quarter. NorthCrest Asset Manangement LLC now owns 3,466 shares of the scientific and technical instruments company’s stock valued at $579,000 after acquiring an additional 80 shares during the period. Finally, IFP Advisors Inc lifted its holdings in Keysight Technologies by 49.1% in the second quarter. IFP Advisors Inc now owns 246 shares of the scientific and technical instruments company’s stock valued at $40,000 after acquiring an additional 81 shares during the period. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Stock Down 6.8%

Shares of NYSE KEYS opened at $159.39 on Monday. Keysight Technologies Inc. has a 12-month low of $121.43 and a 12-month high of $186.20. The company has a market capitalization of $27.39 billion, a PE ratio of 50.76, a price-to-earnings-growth ratio of 2.22 and a beta of 1.18. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94. The firm’s 50-day moving average is $168.39 and its two-hundred day moving average is $159.59.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.05. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. The company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the prior year, the firm earned $1.57 earnings per share. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. Equities analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on KEYS shares. JPMorgan Chase & Co. raised their target price on Keysight Technologies from $177.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Keysight Technologies in a research note on Wednesday, October 8th. Barclays decreased their price objective on shares of Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 20th. Bank of America increased their price objective on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a research note on Wednesday, August 20th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $180.00 price target on shares of Keysight Technologies in a report on Friday. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $187.38.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total value of $347,960.00. Following the completion of the transaction, the senior vice president owned 106,590 shares of the company’s stock, valued at $18,544,528.20. The trade was a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.61% of the stock is currently owned by corporate insiders.

About Keysight Technologies

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.