Norges Bank Acquires Shares of 2,143,520 Keysight Technologies Inc. $KEYS

Norges Bank acquired a new stake in Keysight Technologies Inc. (NYSE:KEYS) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 2,143,520 shares of the scientific and technical instruments company’s stock, valued at approximately $435,542,000.

A number of other hedge funds have also recently bought and sold shares of KEYS. Optiver Holding B.V. bought a new position in Keysight Technologies in the 3rd quarter valued at $35,000. Entrust Financial LLC bought a new position in Keysight Technologies in the 4th quarter valued at $45,000. Atlantic Union Bankshares Corp boosted its position in Keysight Technologies by 36.2% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 286 shares of the scientific and technical instruments company’s stock valued at $50,000 after buying an additional 76 shares during the last quarter. Atlantic Edge Private Wealth Management LLC boosted its position in Keysight Technologies by 497.7% in the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 257 shares of the scientific and technical instruments company’s stock valued at $52,000 after buying an additional 214 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in Keysight Technologies by 66.5% in the 1st 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 during the last quarter. 84.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

KEYS has been the topic of a number of recent research reports. JPMorgan Chase & Co. increased their price objective on Keysight Technologies from $360.00 to $390.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. Bank of America upgraded Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 price target on the stock in a research report on Tuesday, February 24th. Wall Street Zen upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Robert W. Baird raised their price target on Keysight Technologies from $375.00 to $385.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 20th. Finally, Wells Fargo & Company raised their price target on Keysight Technologies from $300.00 to $390.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $371.92.

Insiders Place Their Bets

In related news, Director Ronald S. Nersesian sold 30,000 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $285.96, for a total transaction of $8,578,800.00. Following the sale, the director owned 163,377 shares of the company’s stock, valued at approximately $46,719,286.92. This trade represents a 15.51% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Jeffrey K. Li sold 2,000 shares of the firm’s stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $297.19, for a total value of $594,380.00. Following the sale, the senior vice president directly owned 34,499 shares in the company, valued at $10,252,757.81. The trade was a 5.48% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 37,334 shares of company stock worth $10,753,450. 0.40% of the stock is owned by corporate insiders.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock opened at $329.76 on Tuesday. The company has a market capitalization of $56.56 billion, a PE ratio of 54.24, a PEG ratio of 2.11 and a beta of 1.26. Keysight Technologies Inc. has a 12 month low of $152.85 and a 12 month high of $370.17. The company has a current ratio of 1.90, a quick ratio of 1.51 and a debt-to-equity ratio of 0.29. The stock’s fifty day simple moving average is $328.41 and its 200 day simple moving average is $261.88.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, topping the consensus estimate of $2.32 by $0.55. The business had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.71 billion. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The firm’s revenue was up 31.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.70 EPS. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, research analysts predict that Keysight Technologies Inc. will post 8.26 EPS for the current year.

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.