Groupama Asset Managment decreased its holdings in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 30.5% in the first quarter, HoldingsChannel.com reports. The fund owned 3,800 shares of the scientific and technical instruments company’s stock after selling 1,666 shares during the period. Groupama Asset Managment’s holdings in Keysight Technologies were worth $1,073,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in the stock. Segall Bryant & Hamill LLC purchased a new position in Keysight Technologies during the 1st quarter valued at $6,905,000. Essential Partners LLC lifted its position in shares of Keysight Technologies by 14.1% in the 1st quarter. Essential Partners LLC now owns 323 shares of the scientific and technical instruments company’s stock worth $91,000 after purchasing an additional 40 shares during the period. Groupe la Francaise boosted its stake in shares of Keysight Technologies by 5.2% during the 1st quarter. Groupe la Francaise now owns 31,234 shares of the scientific and technical instruments company’s stock valued at $8,820,000 after purchasing an additional 1,542 shares in the last quarter. Western Wealth Management LLC purchased a new position in shares of Keysight Technologies during the first quarter valued at about $58,000. Finally, Bank of America Corp DE raised its stake in Keysight Technologies by 17.2% in the first quarter. Bank of America Corp DE now owns 886,823 shares of the scientific and technical instruments company’s stock worth $250,412,000 after buying an additional 129,907 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have commented on KEYS. Zacks Research upgraded shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Susquehanna increased their target price on Keysight Technologies from $415.00 to $425.00 and gave the stock a “positive” rating in a research report on Wednesday, May 20th. JPMorgan Chase & Co. raised their target price on Keysight Technologies from $360.00 to $390.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. Citigroup lifted their price target on Keysight Technologies from $320.00 to $396.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Finally, Morgan Stanley upped their price target on Keysight Technologies from $305.00 to $350.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $371.92.
Insider Buying and Selling at Keysight Technologies
In other news, Director James Cullen sold 3,000 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total value of $1,039,740.00. Following the sale, the director directly owned 21,821 shares of the company’s stock, valued at approximately $7,562,722.18. This represents a 12.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Satish Dhanasekaran sold 507 shares of the firm’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $361.32, for a total value of $183,189.24. Following the transaction, the chief executive officer owned 121,391 shares of the company’s stock, valued at $43,860,996.12. The trade was a 0.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 5,507 shares of company stock worth $1,904,669. 0.40% of the stock is owned by insiders.
Keysight Technologies Price Performance
Shares of NYSE KEYS opened at $319.96 on Friday. Keysight Technologies Inc. has a fifty-two week low of $152.85 and a fifty-two week high of $374.96. The company has a 50 day simple moving average of $333.40 and a two-hundred day simple moving average of $302.34. The company has a market capitalization of $54.68 billion, a price-to-earnings ratio of 52.63, a P/E/G ratio of 1.82 and a beta of 1.21. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.51 and a current ratio of 1.90.
Keysight Technologies (NYSE:KEYS – Get Free Report) last issued its quarterly earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.55. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The firm had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same period in the previous year, the firm posted $1.70 EPS. The business’s revenue for the quarter was up 31.5% compared to the same quarter last year. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. Analysts expect that Keysight Technologies Inc. will post 9.03 EPS for the current fiscal year.
Keysight Technologies 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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