Taylor Hoffman Capital Management LLC cut its position in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 1.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,508 shares of the scientific and technical instruments company’s stock after selling 93 shares during the quarter. Taylor Hoffman Capital Management LLC’s holdings in Keysight Technologies were worth $903,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently bought and sold shares of KEYS. Nomura Holdings Inc. acquired a new stake in Keysight Technologies in the 4th quarter worth $918,000. Royal Bank of Canada grew its position in Keysight Technologies by 5.7% in the 4th quarter. Royal Bank of Canada now owns 592,575 shares of the scientific and technical instruments company’s stock worth $95,185,000 after purchasing an additional 32,081 shares during the last quarter. State of Wyoming lifted its holdings in shares of Keysight Technologies by 63.5% during the 4th quarter. State of Wyoming now owns 1,030 shares of the scientific and technical instruments company’s stock worth $165,000 after acquiring an additional 400 shares during the period. Tidal Investments LLC boosted its position in shares of Keysight Technologies by 556.8% during the 4th quarter. Tidal Investments LLC now owns 56,803 shares of the scientific and technical instruments company’s stock valued at $9,124,000 after acquiring an additional 48,154 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its position in shares of Keysight Technologies by 366.9% during the 4th quarter. Squarepoint Ops LLC now owns 4,664 shares of the scientific and technical instruments company’s stock valued at $749,000 after acquiring an additional 3,665 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Keysight Technologies
In other Keysight Technologies news, CFO Neil Dougherty sold 12,215 shares of the business’s stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $164.60, for a total value of $2,010,589.00. Following the completion of the transaction, the chief financial officer directly owned 115,228 shares of the company’s stock, valued at approximately $18,966,528.80. The trade was a 9.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Ingrid A. Estrada sold 10,000 shares of the business’s stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $158.97, for a total transaction of $1,589,700.00. Following the completion of the transaction, the senior vice president directly owned 108,590 shares of the company’s stock, valued at approximately $17,262,552.30. This represents a 8.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.61% of the company’s stock.
Keysight Technologies Trading Up 0.2%
Keysight Technologies (NYSE:KEYS – Get Free Report) 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 firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period last year, the firm posted $1.57 EPS. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. Research analysts forecast that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on KEYS. Barclays decreased their target price 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 lifted their target price on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a research report on Wednesday, August 20th. Wall Street Zen upgraded shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 5th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Keysight Technologies from $177.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $187.38.
Check Out Our Latest Stock Report on Keysight Technologies
Keysight Technologies Profile
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.
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