Keysight Technologies Inc. $KEYS Stock: Ritholtz Wealth Management Increases Stake

Ritholtz Wealth Management lifted its stake in shares of Keysight Technologies Inc. (NYSE:KEYS) by 135.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,017 shares of the scientific and technical instruments company’s stock after acquiring an additional 2,888 shares during the quarter. Ritholtz Wealth Management’s holdings in Keysight Technologies were worth $1,826,000 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 the company. BlackRock Inc. purchased a new position in Keysight Technologies during the second quarter valued at approximately $7,030,806,000. State Street Corp boosted its position in shares of Keysight Technologies by 3.4% in the second quarter. State Street Corp now owns 8,270,708 shares of the scientific and technical instruments company’s stock worth $2,895,327,000 after purchasing an additional 273,042 shares during the period. Amundi increased its stake in shares of Keysight Technologies by 12.1% in the first quarter. Amundi now owns 2,224,264 shares of the scientific and technical instruments company’s stock worth $628,065,000 after purchasing an additional 240,167 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Keysight Technologies by 1.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,550,122 shares of the scientific and technical instruments company’s stock worth $437,708,000 after purchasing an additional 20,325 shares in the last quarter. Finally, Legal & General Group Plc purchased a new stake in shares of Keysight Technologies in the second quarter worth $464,017,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 2,000 shares of Keysight Technologies stock in a transaction on Monday, September 21st. The shares were sold at an average price of $340.79, for a total value of $681,580.00. Following the sale, the chief financial officer directly owned 123,390 shares in the company, valued at approximately $42,050,078.10. The trade was a 1.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Lisa M. Poole sold 200 shares of the business’s stock in a transaction on Wednesday, September 23rd. The stock was sold at an average price of $348.01, for a total transaction of $69,602.00. Following the completion of the sale, the vice president owned 6,134 shares in the company, valued at approximately $2,134,693.34. The trade was a 3.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 12,200 shares of company stock valued at $4,082,752 in the last ninety days. Corporate insiders own 0.40% of the company’s stock.

Keysight Technologies Price Performance

KEYS traded down $6.80 during trading on Friday, reaching $297.43. 1,032,603 shares of the company traded hands, compared to its average volume of 1,466,596. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.62 and a current ratio of 2.02. Keysight Technologies Inc. has a 12-month low of $167.23 and a 12-month high of $389.93. The firm has a fifty day simple moving average of $335.02 and a 200 day simple moving average of $319.21. The company has a market cap of $50.64 billion, a P/E ratio of 40.86, a PEG ratio of 0.76 and a beta of 1.19.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.48 by $0.59. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The firm had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.75 billion. During the same quarter last year, the business posted $1.72 earnings per share. The company’s revenue for the quarter was up 36.5% compared to the same quarter last year. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. On average, equities analysts forecast that Keysight Technologies Inc. will post 10.33 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on KEYS. Barclays raised their price objective on shares of Keysight Technologies from $387.00 to $429.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. Citigroup reaffirmed a “buy” rating on shares of Keysight Technologies in a report on Wednesday, August 19th. Wall Street Zen lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. UBS Group raised their price target on Keysight Technologies from $420.00 to $440.00 and gave the company a “buy” rating in a report on Wednesday, August 19th. Finally, JPMorgan Chase & Co. boosted their price objective on Keysight Technologies from $400.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. Eleven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $401.42.

About Keysight Technologies

Keysight Technologies, Inc. develops electronic design, test and measurement solutions used to design, validate and monitor electronic systems. Its offerings include instruments, software and services that help customers evaluate the performance and reliability of products and networks. The company serves industries including communications, aerospace and defense, automotive, semiconductor and general electronics. Its solutions support work ranging from chip and device development to testing wireless networks, data centers and connected systems.