Mackenzie Financial Corp Cuts Stock Holdings in Keysight Technologies Inc. $KEYS

Mackenzie Financial Corp trimmed its position in shares of Keysight Technologies Inc. (NYSE:KEYS) by 6.3% during the third quarter, Holdings Channel reports. The institutional investor owned 987,903 shares of the scientific and technical instruments company’s stock after selling 66,923 shares during the quarter. Mackenzie Financial Corp’s holdings in Keysight Technologies were worth $172,804,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. AQR Capital Management LLC boosted its stake in Keysight Technologies by 92.6% in the first quarter. AQR Capital Management LLC now owns 27,216 shares of the scientific and technical instruments company’s stock valued at $3,965,000 after acquiring an additional 13,085 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in Keysight Technologies by 5.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company’s stock worth $387,000 after purchasing an additional 122 shares during the period. Empowered Funds LLC raised its stake in shares of Keysight Technologies by 30.0% during the 1st quarter. Empowered Funds LLC now owns 10,652 shares of the scientific and technical instruments company’s stock worth $1,595,000 after buying an additional 2,461 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Keysight Technologies by 66.5% in the first quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock valued at $59,000 after buying an additional 157 shares in the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in shares of Keysight Technologies in the second quarter valued at approximately $254,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

KEYS has been the subject of several research analyst reports. Morgan Stanley increased their price objective on Keysight Technologies from $227.00 to $268.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 24th. Jefferies Financial Group increased their price target on shares of Keysight Technologies from $195.00 to $220.00 and gave the company a “hold” rating in a report on Wednesday, December 10th. UBS Group raised their price objective on shares of Keysight Technologies from $230.00 to $340.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Susquehanna restated a “positive” rating and set a $300.00 target price on shares of Keysight Technologies in a research report on Tuesday, February 24th. Finally, Robert W. Baird raised their price target on Keysight Technologies from $230.00 to $257.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $295.36.

Insiders Place Their Bets

In related news, SVP Jo Ann Juskie sold 1,000 shares of Keysight Technologies stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $304.42, for a total transaction of $304,420.00. Following the sale, the senior vice president directly owned 12,552 shares in the company, valued at $3,821,079.84. The trade was a 7.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $237.68, for a total transaction of $475,360.00. Following the sale, the senior vice president owned 107,861 shares in the company, valued at $25,636,402.48. This trade represents a 1.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 4,889 shares of company stock worth $1,167,221. Insiders own 0.40% of the company’s stock.

Keysight Technologies Price Performance

KEYS opened at $285.21 on Wednesday. The company has a current ratio of 2.60, a quick ratio of 2.02 and a debt-to-equity ratio of 0.41. Keysight Technologies Inc. has a twelve month low of $121.43 and a twelve month high of $317.00. The company has a fifty day simple moving average of $237.38 and a 200 day simple moving average of $201.01. The firm has a market cap of $48.91 billion, a price-to-earnings ratio of 51.39, a PEG ratio of 2.19 and a beta of 1.12.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $2.00 by $0.17. Keysight Technologies had a return on equity of 19.26% and a net margin of 16.84%.The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same period last year, the firm earned $1.82 earnings per share. The company’s revenue for the quarter was up 23.3% compared to the same quarter last year. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. Equities research analysts expect that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Keysight Technologies announced that its board has initiated a share buyback plan on Monday, November 24th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the scientific and technical instruments company to purchase up to 4.9% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

About Keysight Technologies

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.