Pacer Advisors Inc. decreased its position in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 2.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 683,256 shares of the scientific and technical instruments company’s stock after selling 19,396 shares during the quarter. Pacer Advisors Inc.’s holdings in Keysight Technologies were worth $119,515,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in the company. BSW Wealth Partners purchased a new position in shares of Keysight Technologies in the third quarter valued at $311,000. Milestone Asset Management LLC acquired a new position in Keysight Technologies in the 3rd quarter worth $555,000. Norden Group LLC purchased a new position in Keysight Technologies in the 3rd quarter valued at about $205,000. Global X Japan Co. Ltd. grew its stake in shares of Keysight Technologies by 5,721.4% during the third quarter. Global X Japan Co. Ltd. now owns 815 shares of the scientific and technical instruments company’s stock valued at $143,000 after acquiring an additional 801 shares in the last quarter. Finally, DAVENPORT & Co LLC increased its position in shares of Keysight Technologies by 5.2% during the third quarter. DAVENPORT & Co LLC now owns 33,890 shares of the scientific and technical instruments company’s stock worth $5,900,000 after acquiring an additional 1,672 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.
Analyst Upgrades and Downgrades
KEYS has been the subject of a number of analyst reports. Robert W. Baird set a $210.00 price target on Keysight Technologies in a report on Wednesday, November 26th. Barclays increased their target price on Keysight Technologies from $195.00 to $232.00 and gave the company an “overweight” rating in a research note on Tuesday, November 25th. Jefferies Financial Group lifted their price target on shares of Keysight Technologies from $195.00 to $220.00 and gave the stock a “hold” rating in a research note on Wednesday, December 10th. Morgan Stanley upped their price target on shares of Keysight Technologies from $208.00 to $227.00 and gave the company an “equal weight” rating in a report on Wednesday, December 17th. Finally, UBS Group set a $230.00 price objective on shares of Keysight Technologies in a report on Tuesday, November 25th. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $218.82.
Keysight Technologies Stock Performance
KEYS stock opened at $205.33 on Friday. The stock’s 50 day simple moving average is $188.65 and its 200 day simple moving average is $173.82. Keysight Technologies Inc. has a 12-month low of $121.43 and a 12-month high of $214.58. The firm has a market cap of $35.28 billion, a P/E ratio of 41.99, a P/E/G ratio of 2.18 and a beta of 1.19. The company has a current ratio of 2.35, a quick ratio of 1.78 and a debt-to-equity ratio of 0.43.
Keysight Technologies (NYSE:KEYS – Get Free Report) last released its 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. The firm had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.39 billion. Keysight Technologies had a net margin of 15.71% and a return on equity of 19.30%. The firm’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.65 earnings per share. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. As a group, equities research analysts predict that Keysight Technologies Inc. will post 6.32 EPS for the current year.
Keysight Technologies declared that its Board of Directors has approved a share buyback program on Monday, November 24th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the scientific and technical instruments company to repurchase up to 4.9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.
Insider Buying and Selling at Keysight Technologies
In related news, CEO Satish Dhanasekaran sold 4,230 shares of the business’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $211.43, for a total transaction of $894,348.90. Following the completion of the sale, the chief executive officer owned 128,131 shares of the company’s stock, valued at $27,090,737.33. This represents a 3.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Ingrid A. Estrada sold 4,827 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $196.42, for a total transaction 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. This represents a 4.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 76,895 shares of company stock worth $15,454,296. 0.61% of the stock is owned by company insiders.
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.
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