XTX Topco Ltd cut its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 63.9% during the second quarter, Holdings Channel.com reports. The fund owned 2,798 shares of the scientific and technical instruments company’s stock after selling 4,956 shares during the period. XTX Topco Ltd’s holdings in Keysight Technologies were worth $458,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. LPL Financial LLC lifted its stake in Keysight Technologies by 5.6% in the 1st quarter. LPL Financial LLC now owns 53,432 shares of the scientific and technical instruments company’s stock worth $8,002,000 after purchasing an additional 2,836 shares in the last quarter. Thoroughbred Financial Services LLC lifted its position in shares of Keysight Technologies by 4.4% in the first quarter. Thoroughbred Financial Services LLC now owns 2,292 shares of the scientific and technical instruments company’s stock worth $343,000 after buying an additional 97 shares in the last quarter. Empower Advisory Group LLC bought a new position in Keysight Technologies during the first quarter valued at approximately $211,000. Vanguard Group Inc. boosted its stake in Keysight Technologies by 0.5% during the first quarter. Vanguard Group Inc. now owns 20,969,511 shares of the scientific and technical instruments company’s stock valued at $3,140,604,000 after buying an additional 95,876 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Keysight Technologies by 2.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,036,642 shares of the scientific and technical instruments company’s stock worth $155,258,000 after acquiring an additional 20,967 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.
Insider Buying and Selling
In related news, SVP Ingrid A. Estrada sold 4,827 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $196.42, for a total value of $948,119.34. Following the completion of the transaction, the senior vice president directly owned 110,079 shares in the company, valued at $21,621,717.18. The trade was a 4.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Ronald S. Nersesian sold 30,000 shares of the firm’s stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $196.88, for a total value of $5,906,400.00. Following the sale, the director owned 198,389 shares in the company, valued at $39,058,826.32. This trade represents a 13.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 59,807 shares of company stock worth $11,730,353 in the last quarter. 0.61% of the stock is currently owned by corporate insiders.
Keysight Technologies Price Performance
Keysight Technologies (NYSE:KEYS – Get Free Report) last released its quarterly earnings results on Monday, November 24th. The scientific and technical instruments company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.08. Keysight Technologies had a net margin of 15.71% and a return on equity of 19.30%. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same period in the previous year, the company earned $1.65 earnings per share. The business’s revenue for the quarter was up 10.1% on a year-over-year basis. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. Research analysts anticipate that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.
Keysight Technologies declared that its Board of Directors has approved a share repurchase plan on Monday, November 24th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the scientific and technical instruments company to buy up to 4.9% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on the company. Wall Street Zen upgraded Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research report on Friday, November 28th. Robert W. Baird set a $210.00 price target on Keysight Technologies in a research report on Wednesday, November 26th. UBS Group set a $230.00 price target on Keysight Technologies in a research report on Tuesday, November 25th. Morgan Stanley lifted their price objective on shares of Keysight Technologies from $180.00 to $208.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 25th. Finally, JPMorgan Chase & Co. increased their target price on shares of Keysight Technologies from $200.00 to $207.00 and gave the company an “overweight” rating in a research note on Tuesday, November 25th. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $214.82.
Check Out Our Latest Report on Keysight Technologies
Keysight Technologies Company 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.
See Also
- Five stocks we like better than Keysight Technologies
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Gates Foundation Sells MSFT Stock—Should Investors Be Worried?
- Compound Interest and Why It Matters When Investing
- MarketBeat Week in Review – 12/1 – 12/5
- Following Congress Stock Trades
- Rocket Lab’s Big Rebound? Analysts Suggest the Dip’s a Gift
Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies Inc. (NYSE:KEYS – Free Report).
Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
