Invesco Ltd. Reduces Stake in Keysight Technologies Inc. $KEYS

Invesco Ltd. cut its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS) by 11.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,005,904 shares of the scientific and technical instruments company’s stock after selling 267,992 shares during the quarter. Invesco Ltd. owned 1.17% of Keysight Technologies worth $328,687,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of KEYS. True Wealth Design LLC raised its holdings in shares of Keysight Technologies by 358.3% during the second quarter. True Wealth Design LLC now owns 165 shares of the scientific and technical instruments company’s stock worth $27,000 after purchasing an additional 129 shares during the last quarter. NewSquare Capital LLC boosted its holdings in Keysight Technologies by 155.2% in the second quarter. NewSquare Capital LLC now owns 171 shares of the scientific and technical instruments company’s stock valued at $28,000 after purchasing an additional 104 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new stake in Keysight Technologies during the 2nd quarter worth about $34,000. Zions Bancorporation National Association UT purchased a new position in shares of Keysight Technologies during the 1st quarter valued at about $36,000. Finally, WPG Advisers LLC purchased a new position in shares of Keysight Technologies during the 1st quarter valued at about $39,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Trading Up 0.6%

Shares of KEYS stock opened at $210.31 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.35 and a quick ratio of 1.78. The company has a market cap of $36.14 billion, a price-to-earnings ratio of 43.01, a PEG ratio of 2.22 and a beta of 1.19. The stock has a 50 day simple moving average of $178.31 and a 200-day simple moving average of $169.35. Keysight Technologies Inc. has a 1-year low of $121.43 and a 1-year high of $211.57.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Monday, November 24th. The scientific and technical instruments company reported $1.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.08. The firm had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.39 billion. Keysight Technologies had a net margin of 15.71% and a return on equity of 19.30%. The firm’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.65 EPS. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. On average, equities research analysts expect that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Keysight Technologies announced that its Board of Directors has initiated a share buyback program on Monday, November 24th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the scientific and technical instruments company to purchase up to 4.9% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

KEYS has been the topic of a number of recent research reports. Bank of America upped their target price on Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 20th. Morgan Stanley upped their price objective on Keysight Technologies from $180.00 to $208.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 25th. UBS Group set a $230.00 price objective on shares of Keysight Technologies in a research note on Tuesday, November 25th. JPMorgan Chase & Co. boosted their target price on shares of Keysight Technologies from $200.00 to $207.00 and gave the company an “overweight” rating in a research note on Tuesday, November 25th. Finally, Robert W. Baird set a $210.00 price target on shares of Keysight Technologies in a report on Wednesday, November 26th. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $214.82.

Insiders Place Their Bets

In other news, CEO Satish Dhanasekaran sold 12,528 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $196.42, for a total transaction of $2,460,749.76. Following the completion of the sale, the chief executive officer owned 132,361 shares of the company’s stock, valued at $25,998,347.62. The trade was a 8.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Ingrid A. Estrada sold 4,827 shares of the company’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $196.42, for a total transaction of $948,119.34. Following the transaction, the senior vice president owned 110,079 shares of the company’s stock, valued at approximately $21,621,717.18. This trade represents a 4.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 59,807 shares of company stock valued at $11,730,353. 0.61% of the stock is owned by company insiders.

Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.