Penserra Capital Management LLC Grows Stake in Keysight Technologies Inc. $KEYS

Penserra Capital Management LLC grew its stake in shares of Keysight Technologies Inc. (NYSE:KEYS) by 8.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 68,842 shares of the scientific and technical instruments company’s stock after acquiring an additional 5,552 shares during the period. Penserra Capital Management LLC’s holdings in Keysight Technologies were worth $12,041,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Keysight Technologies by 1.7% in the second quarter. Vanguard Group Inc. now owns 21,326,774 shares of the scientific and technical instruments company’s stock valued at $3,494,605,000 after buying an additional 357,263 shares during the period. State Street Corp grew its stake in shares of Keysight Technologies by 0.7% during the 2nd quarter. State Street Corp now owns 7,973,742 shares of the scientific and technical instruments company’s stock worth $1,306,577,000 after acquiring an additional 55,358 shares during the period. Boston Partners increased its holdings in Keysight Technologies by 10.5% in the 2nd quarter. Boston Partners now owns 4,709,540 shares of the scientific and technical instruments company’s stock worth $771,359,000 after acquiring an additional 446,123 shares during the last quarter. Geode Capital Management LLC raised its stake in Keysight Technologies by 0.9% in the 2nd quarter. Geode Capital Management LLC now owns 4,575,953 shares of the scientific and technical instruments company’s stock valued at $747,437,000 after acquiring an additional 40,560 shares during the period. Finally, Norges Bank bought a new position in Keysight Technologies during the second quarter worth about $316,690,000. Institutional investors own 84.58% of the company’s stock.

Analysts Set New Price Targets

KEYS has been the topic of several research reports. Morgan Stanley boosted their price target on shares of Keysight Technologies from $208.00 to $227.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 17th. Susquehanna boosted their target price on shares of Keysight Technologies from $215.00 to $225.00 and gave the company a “positive” rating in a report on Tuesday, November 25th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $243.00 price target on shares of Keysight Technologies in a report on Thursday, January 15th. Robert W. Baird set a $230.00 price target on Keysight Technologies in a research report on Monday. Finally, JPMorgan Chase & Co. increased their price objective on Keysight Technologies from $200.00 to $207.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $221.64.

Insiders Place Their Bets

In other news, SVP John Page sold 15,000 shares of the firm’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $213.48, for a total transaction of $3,202,200.00. Following the sale, the senior vice president owned 21,393 shares in the company, valued at approximately $4,566,977.64. This trade represents a 41.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Ronald S. Nersesian sold 30,000 shares of Keysight Technologies stock in a transaction on Friday, November 28th. The stock was sold at an average price of $196.88, for a total transaction of $5,906,400.00. Following the sale, the director directly owned 198,389 shares of the company’s stock, valued at $39,058,826.32. This represents a 13.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 78,784 shares of company stock worth $15,841,737. 0.40% of the stock is owned by corporate insiders.

Keysight Technologies Price Performance

NYSE:KEYS opened at $221.33 on Thursday. Keysight Technologies Inc. has a 52-week low of $121.43 and a 52-week high of $232.92. The stock has a fifty day moving average of $209.58 and a 200 day moving average of $184.14. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.78 and a current ratio of 2.35. The firm has a market capitalization of $37.96 billion, a price-to-earnings ratio of 45.26, a P/E/G ratio of 2.38 and a beta of 1.20.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Monday, November 24th. The scientific and technical instruments company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.08. Keysight Technologies had a return on equity of 19.30% and a net margin of 15.71%.The firm had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same quarter last year, the firm posted $1.65 EPS. The company’s revenue was up 10.1% compared to the same quarter last year. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. On average, research analysts expect that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Keysight Technologies declared that its Board of Directors has authorized a share buyback plan on Monday, November 24th that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the scientific and technical instruments company to repurchase up to 4.9% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s management believes its stock is undervalued.

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.