Fruth Investment Management Sells 12,352 Shares of Keysight Technologies Inc. $KEYS

Fruth Investment Management lowered its stake in shares of Keysight Technologies Inc. (NYSE:KEYS) by 56.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 9,403 shares of the scientific and technical instruments company’s stock after selling 12,352 shares during the quarter. Fruth Investment Management’s holdings in Keysight Technologies were worth $3,291,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Belpointe Asset Management LLC acquired a new stake in Keysight Technologies in the fourth quarter valued at approximately $1,123,000. Oak Harvest Investment Services acquired a new position in shares of Keysight Technologies during the fourth quarter worth approximately $4,070,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Keysight Technologies by 21.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 30,986 shares of the scientific and technical instruments company’s stock worth $6,296,000 after purchasing an additional 5,375 shares in the last quarter. Fortis Capital Advisors LLC bought a new position in shares of Keysight Technologies in the 4th quarter worth $1,123,000. Finally, Comerica Bank grew its position in Keysight Technologies by 57.2% in the 4th quarter. Comerica Bank now owns 52,506 shares of the scientific and technical instruments company’s stock valued at $10,669,000 after purchasing an additional 19,104 shares during the period. Institutional investors own 84.58% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Satish Dhanasekaran sold 507 shares of the company’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $361.32, for a total value of $183,189.24. Following the completion of the transaction, the chief executive officer directly owned 121,391 shares of the company’s stock, valued at $43,860,996.12. This represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Cullen sold 3,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $346.58, for a total value of $1,039,740.00. Following the sale, the director directly owned 21,821 shares of the company’s stock, valued at $7,562,722.18. The trade was a 12.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 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.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on KEYS. Barclays upped their price objective on shares of Keysight Technologies from $320.00 to $387.00 and gave the stock an “overweight” rating in a report on Wednesday, May 20th. Wells Fargo & Company lifted their price objective on shares of Keysight Technologies from $300.00 to $390.00 and gave the company an “overweight” rating in a report on Wednesday, May 20th. Truist Financial boosted their target price on shares of Keysight Technologies from $310.00 to $376.00 and gave the stock a “hold” rating in a research report on Thursday, May 21st. Susquehanna upped their target price on shares of Keysight Technologies from $415.00 to $425.00 and gave the stock a “positive” rating in a report on Wednesday, May 20th. Finally, Robert W. Baird raised their price target on shares of Keysight Technologies from $375.00 to $385.00 and gave the company an “outperform” rating in a research report on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $371.92.

Keysight Technologies Price Performance

KEYS opened at $344.01 on Wednesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.90 and a quick ratio of 1.51. The company has a market capitalization of $58.79 billion, a price-to-earnings ratio of 56.58, a P/E/G ratio of 1.91 and a beta of 1.22. The firm’s fifty day moving average price is $332.51 and its two-hundred day moving average price is $309.11. Keysight Technologies Inc. has a 1 year low of $152.85 and a 1 year high of $374.96.

Keysight Technologies (NYSE:KEYS) last announced its earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, beating the consensus estimate of $2.32 by $0.55. Keysight Technologies had a net margin of 17.25% and a return on equity of 21.58%. The company had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter in the prior year, the company 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. As a group, analysts anticipate that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal 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.