Allspring Global Investments Holdings LLC Has $581.25 Million Stock Position in Keysight Technologies Inc. $KEYS

Allspring Global Investments Holdings LLC grew its position in shares of Keysight Technologies Inc. (NYSE:KEYSFree Report) by 4.7% during the first quarter, HoldingsChannel.com reports. The firm owned 2,005,409 shares of the scientific and technical instruments company’s stock after purchasing an additional 90,263 shares during the period. Keysight Technologies makes up approximately 1.0% of Allspring Global Investments Holdings LLC’s portfolio, making the stock its 10th biggest holding. Allspring Global Investments Holdings LLC’s holdings in Keysight Technologies were worth $581,248,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Quarry LP acquired a new position in shares of Keysight Technologies in the fourth quarter valued at approximately $25,000. WPG Advisers LLC increased its position in Keysight Technologies by 16.5% in the 1st quarter. WPG Advisers LLC now owns 219 shares of the scientific and technical instruments company’s stock valued at $62,000 after acquiring an additional 31 shares during the period. Entrust Financial LLC acquired a new position in Keysight Technologies in the 4th quarter valued at approximately $45,000. DV Equities LLC bought a new position in shares of Keysight Technologies during the fourth quarter valued at $49,000. Finally, Atlantic Edge Private Wealth Management LLC raised its stake in shares of Keysight Technologies by 497.7% during the fourth 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 acquiring an additional 214 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Stock Down 3.1%

Keysight Technologies stock opened at $312.60 on Friday. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.29. Keysight Technologies Inc. has a 12-month low of $152.85 and a 12-month high of $374.96. The firm’s fifty day moving average is $341.24 and its 200 day moving average is $294.58. The company has a market capitalization of $53.42 billion, a PE ratio of 51.41, a PEG ratio of 1.84 and a beta of 1.21.

Keysight Technologies (NYSE:KEYSGet Free Report) last posted 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. The business had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.71 billion. Keysight Technologies had a net margin of 17.25% and a return on equity of 21.58%. The business’s quarterly revenue was up 31.5% on a year-over-year basis. During the same period last year, the company posted $1.70 earnings per share. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. As a group, sell-side analysts predict that Keysight Technologies Inc. will post 9.03 EPS for the current fiscal year.

Insider Transactions at Keysight Technologies

In other news, CEO Satish Dhanasekaran sold 507 shares of the stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $361.32, for a total transaction 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. This represents a 0.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $340.87, for a total value of $681,740.00. Following the completion of the sale, the senior vice president owned 105,861 shares of the company’s stock, valued at approximately $36,084,839.07. This represents a 1.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 5,507 shares of company stock valued at $1,904,669 in the last 90 days. 0.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts recently weighed in on KEYS shares. Truist Financial boosted their price objective on shares of Keysight Technologies from $310.00 to $376.00 and gave the stock a “hold” rating in a research note on Thursday, May 21st. Robert W. Baird raised their target price on Keysight Technologies from $375.00 to $385.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 20th. Weiss Ratings raised Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. JPMorgan Chase & Co. lifted their target price on Keysight Technologies from $360.00 to $390.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Finally, UBS Group upped their price target on Keysight Technologies from $340.00 to $420.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and an average price target of $371.92.

Get Our Latest Stock Report on KEYS

About Keysight Technologies

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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