Verus Wealth Management LLC purchased a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) in the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 1,447 shares of the scientific and technical instruments company’s stock, valued at approximately $527,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of Keysight Technologies by 15.0% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 222 shares of the scientific and technical instruments company’s stock worth $63,000 after acquiring an additional 29 shares during the last quarter. Kera Capital Partners Inc. increased its holdings in shares of Keysight Technologies by 0.9% in the 1st quarter. Kera Capital Partners Inc. now owns 3,276 shares of the scientific and technical instruments company’s stock worth $925,000 after acquiring an additional 30 shares during the period. Cornerstone Planning Group LLC increased its holdings in shares of Keysight Technologies by 36.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock worth $32,000 after acquiring an additional 30 shares during the period. KCM Investment Advisors LLC lifted its position in Keysight Technologies by 1.3% in the 1st quarter. KCM Investment Advisors LLC now owns 2,333 shares of the scientific and technical instruments company’s stock valued at $659,000 after purchasing an additional 30 shares during the last quarter. Finally, WPG Advisers LLC lifted its position in Keysight Technologies by 16.5% in the 1st quarter. WPG Advisers LLC now owns 219 shares of the scientific and technical instruments company’s stock valued at $62,000 after purchasing an additional 31 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.
Wall Street Analysts Forecast Growth
KEYS has been the subject of a number of analyst reports. Weiss Ratings raised shares of Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 20th. Wall Street Zen cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Barclays raised their price target on shares of Keysight Technologies from $387.00 to $429.00 and gave the company an “overweight” rating in a research note on Wednesday, August 19th. UBS Group lifted their price target on Keysight Technologies from $420.00 to $440.00 and gave the company a “buy” rating in a report on Wednesday, August 19th. Finally, Morgan Stanley lifted their price target on Keysight Technologies from $400.00 to $425.00 and gave the company an “overweight” rating in a report on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Keysight Technologies has an average rating of “Moderate Buy” and an average price target of $401.42.
Insiders Place Their Bets
In related news, CFO Neil Dougherty sold 2,000 shares of the company’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $340.79, for a total value of $681,580.00. Following the completion of the sale, the chief financial officer owned 123,390 shares of the company’s stock, valued at $42,050,078.10. This represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Satish Dhanasekaran sold 3,000 shares of the stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $364.13, for a total transaction of $1,092,390.00. Following the completion of the transaction, the chief executive officer owned 118,391 shares of the company’s stock, valued at $43,109,714.83. This represents a 2.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 12,200 shares of company stock valued at $4,082,752. Corporate insiders own 0.40% of the company’s stock.
Keysight Technologies Stock Performance
KEYS stock traded down $7.18 during trading on Tuesday, reaching $370.51. 1,168,403 shares of the company’s stock were exchanged, compared to its average volume of 1,400,052. The company has a quick ratio of 1.62, a current ratio of 2.02 and a debt-to-equity ratio of 0.28. Keysight Technologies Inc. has a 1-year low of $160.51 and a 1-year high of $389.93. The company’s fifty day moving average price is $342.74 and its 200-day moving average price is $335.40. The firm has a market cap of $63.08 billion, a PE ratio of 50.89, a P/E/G ratio of 1.21 and a beta of 1.17.
Keysight Technologies (NYSE:KEYS – Get Free Report) last released its quarterly earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.59. The company had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.75 billion. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%. The company’s revenue for the quarter was up 36.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.72 earnings per share. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. On average, research analysts expect that Keysight Technologies Inc. will post 10.33 EPS for the current fiscal year.
About Keysight Technologies
Keysight Technologies, Inc is a technology company that provides electronic design and test solutions for communications, aerospace and defense, automotive, semiconductor, energy, and other industries. Its products and services help engineers design, validate, manufacture, and optimize electronic systems and communications networks.
The company offers test and measurement instruments, software, network test and visibility solutions, simulation and modeling tools, cybersecurity testing capabilities, and related technical services.
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