Hsbc Holdings PLC Decreases Stake in Keysight Technologies Inc. $KEYS

Hsbc Holdings PLC reduced its stake in shares of Keysight Technologies Inc. (NYSE:KEYS) by 16.0% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 341,957 shares of the scientific and technical instruments company’s stock after selling 64,926 shares during the quarter. Hsbc Holdings PLC’s holdings in Keysight Technologies were worth $96,486,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in KEYS. Norges Bank purchased a new position in shares of Keysight Technologies during the fourth quarter valued at approximately $435,542,000. Focus Partners Wealth grew its holdings in Keysight Technologies by 3,941.3% in the fourth quarter. Focus Partners Wealth now owns 1,406,286 shares of the scientific and technical instruments company’s stock valued at $285,743,000 after purchasing an additional 1,371,488 shares during the period. Woodline Partners LP acquired a new position in Keysight Technologies during the third quarter worth approximately $208,891,000. M&T Bank Corp raised its stake in Keysight Technologies by 9,349.0% during the fourth quarter. M&T Bank Corp now owns 1,048,176 shares of the scientific and technical instruments company’s stock worth $212,979,000 after purchasing an additional 1,037,083 shares during the period. Finally, Man Group plc boosted its holdings in shares of Keysight Technologies by 164.3% in the 2nd quarter. Man Group plc now owns 1,010,399 shares of the scientific and technical instruments company’s stock valued at $165,564,000 after purchasing an additional 628,082 shares during the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

KEYS has been the topic of several recent research reports. Robert W. Baird lifted their target price on shares of Keysight Technologies from $375.00 to $385.00 and gave the company an “outperform” rating in a report on Wednesday, May 20th. The Goldman Sachs Group restated a “buy” rating on shares of Keysight Technologies in a report on Wednesday, May 20th. Truist Financial lifted their price objective on shares of Keysight Technologies from $310.00 to $376.00 and gave the company a “hold” rating in a research note on Thursday, May 21st. Wells Fargo & Company boosted their target price on shares of Keysight Technologies from $300.00 to $390.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 20th. Finally, Citigroup raised their price target on shares of Keysight Technologies from $320.00 to $396.00 and gave the company a “buy” rating in a report on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $371.92.

Keysight Technologies Trading Down 0.1%

NYSE:KEYS opened at $315.70 on Monday. Keysight Technologies Inc. has a 52 week low of $152.85 and a 52 week high of $374.96. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.29. The company has a market cap of $53.95 billion, a PE ratio of 51.92, a P/E/G ratio of 1.80 and a beta of 1.21. The business’s 50 day moving average is $340.35 and its two-hundred day moving average is $295.35.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.55. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The firm had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same period last year, the business posted $1.70 earnings per share. The firm’s revenue for the quarter was up 31.5% on a year-over-year basis. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, analysts predict that Keysight Technologies Inc. will post 9.03 EPS for the current year.

Insider Buying and Selling

In other news, Director James Cullen sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total transaction of $1,039,740.00. Following the completion of the transaction, the director directly owned 21,821 shares of the company’s stock, valued at approximately $7,562,722.18. This represents a 12.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $340.87, for a total value of $681,740.00. Following the sale, the senior vice president owned 105,861 shares in the company, valued at $36,084,839.07. The trade was 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 a total of 5,507 shares of company stock worth $1,904,669 over the last quarter. 0.40% of the stock is owned by company insiders.

Keysight Technologies 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.