Sumitomo Mitsui Trust Group Inc. Buys 5,086 Shares of Keysight Technologies Inc. $KEYS

Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Keysight Technologies Inc. (NYSE:KEYSFree Report) by 1.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 415,864 shares of the scientific and technical instruments company’s stock after buying an additional 5,086 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Keysight Technologies were worth $72,743,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in KEYS. Paradiem LLC purchased a new position in Keysight Technologies during the 3rd quarter valued at approximately $979,000. Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of Keysight Technologies during the 2nd quarter valued at approximately $621,000. JPMorgan Chase & Co. grew its holdings in shares of Keysight Technologies by 3.1% in the second quarter. JPMorgan Chase & Co. now owns 1,107,655 shares of the scientific and technical instruments company’s stock valued at $181,507,000 after purchasing an additional 33,768 shares in the last quarter. Czech National Bank increased its position in Keysight Technologies by 6.4% in the second quarter. Czech National Bank now owns 42,241 shares of the scientific and technical instruments company’s stock worth $6,922,000 after purchasing an additional 2,527 shares during the last quarter. Finally, Teacher Retirement System of Texas raised its stake in Keysight Technologies by 17.9% during the second quarter. Teacher Retirement System of Texas now owns 67,236 shares of the scientific and technical instruments company’s stock valued at $11,017,000 after purchasing an additional 10,215 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies Stock Up 0.0%

Shares of NYSE:KEYS opened at $209.37 on Thursday. The firm has a market capitalization of $35.97 billion, a PE ratio of 42.82, a price-to-earnings-growth ratio of 2.22 and a beta of 1.18. The business has a 50 day simple moving average of $198.50 and a two-hundred day simple moving average of $178.38. Keysight Technologies Inc. has a 1 year low of $121.43 and a 1 year high of $214.58. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.35 and a quick ratio of 1.78.

Keysight Technologies (NYSE:KEYSGet Free Report) last issued 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 analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $1.39 billion. During the same period last year, the company earned $1.65 EPS. Keysight Technologies’s quarterly 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, equities analysts predict that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Keysight Technologies declared that its board has approved a stock repurchase program 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 purchase up to 4.9% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

A number of brokerages have commented on KEYS. Morgan Stanley lifted their price objective on shares of Keysight Technologies from $208.00 to $227.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 17th. The Goldman Sachs Group reiterated a “buy” rating and issued a $232.00 price target on shares of Keysight Technologies in a research report on Tuesday, November 25th. JPMorgan Chase & Co. upped their price objective on Keysight Technologies from $200.00 to $207.00 and gave the company an “overweight” rating in a research report on Tuesday, November 25th. Weiss Ratings reiterated a “hold (c)” rating on shares of Keysight Technologies in a report on Monday, December 29th. Finally, Citigroup boosted their target price on Keysight Technologies from $215.00 to $220.00 and gave the company a “buy” rating in a research report on Tuesday, November 25th. Eight equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $218.82.

Get Our Latest Analysis on KEYS

Insider Transactions at Keysight Technologies

In related news, CEO Satish Dhanasekaran sold 12,528 shares of the firm’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $196.42, for a total value of $2,460,749.76. Following the transaction, the chief executive officer owned 132,361 shares of the company’s stock, valued at $25,998,347.62. This trade represents a 8.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP John Page sold 15,000 shares of Keysight Technologies stock in a transaction dated 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 of the company’s stock, valued at $4,566,977.64. The trade was a 41.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 78,784 shares of company stock valued at $15,841,737. Company insiders own 0.61% of the company’s stock.

About Keysight Technologies

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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