Maloon Powers Pitre Higgins & Dennehy LLC bought a new position in Keysight Technologies Inc. (NYSE:KEYS – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,533 shares of the scientific and technical instruments company’s stock, valued at approximately $537,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Markowski Investments purchased a new position in Keysight Technologies during the 2nd quarter valued at approximately $38,000. Turner Financial Group Inc. bought a new position in shares of Keysight Technologies during the 2nd quarter valued at approximately $274,000. Three Seasons Wealth LLC purchased a new position in shares of Keysight Technologies in the second quarter valued at $795,000. TD Waterhouse Canada Inc. increased its position in Keysight Technologies by 11,545.3% in the second quarter. TD Waterhouse Canada Inc. now owns 8,734 shares of the scientific and technical instruments company’s stock worth $2,934,000 after purchasing an additional 8,659 shares during the last quarter. Finally, Premier Path Wealth Partners LLC raised its stake in Keysight Technologies by 3.0% during the second quarter. Premier Path Wealth Partners LLC now owns 1,307 shares of the scientific and technical instruments company’s stock valued at $457,000 after purchasing an additional 38 shares in the last quarter. 84.58% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts have commented on KEYS shares. Truist Financial lifted their price objective on shares of Keysight Technologies from $376.00 to $400.00 and gave the stock a “hold” rating in a research note on Wednesday, August 19th. The Goldman Sachs Group restated a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, May 20th. Wells Fargo & Company increased their price target on shares of Keysight Technologies from $390.00 to $405.00 and gave the company an “overweight” rating in a report on Wednesday, August 19th. UBS Group boosted their price objective on Keysight Technologies from $420.00 to $440.00 and gave the stock a “buy” rating in a research note on Wednesday, August 19th. Finally, Robert W. Baird upped their price objective on Keysight Technologies from $385.00 to $410.00 and gave the company an “outperform” rating in a research report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $392.83.
Insider Buying and Selling at Keysight Technologies
In other Keysight Technologies news, Director Jean Mcclung Nye sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $319.22, for a total transaction of $957,660.00. Following the completion of the transaction, the director owned 35,752 shares in the company, valued at $11,412,753.44. The trade was a 7.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Satish Dhanasekaran sold 507 shares of the company’s stock in a transaction that occurred 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 directly owned 121,391 shares in the company, valued at approximately $43,860,996.12. This represents a 0.42% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 7,507 shares of company stock worth $2,451,909 over the last 90 days. Company insiders own 0.40% of the company’s stock.
Keysight Technologies Trading Up 1.3%
Shares of KEYS opened at $326.79 on Friday. The company’s fifty day simple moving average is $325.95 and its 200-day simple moving average is $321.75. The company has a market cap of $55.63 billion, a P/E ratio of 44.89, a P/E/G ratio of 1.66 and a beta of 1.21. The company has a current ratio of 2.02, a quick ratio of 1.62 and a debt-to-equity ratio of 0.28. Keysight Technologies Inc. has a twelve month low of $158.79 and a twelve month high of $374.96.
Keysight Technologies (NYSE:KEYS – Get Free Report) last released its quarterly earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, topping analysts’ consensus estimates of $2.48 by $0.59. The firm had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.75 billion. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The firm’s revenue for the quarter was up 36.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.72 EPS. 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. As a group, analysts expect that Keysight Technologies Inc. will post 10.03 EPS for the current year.
Keysight Technologies Company 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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