Foyston Gordon & Payne Inc acquired a new position in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) during the second quarter, Holdings Channel reports. The institutional investor acquired 11,714 shares of the scientific and technical instruments company’s stock, valued at approximately $4,101,000.
Other hedge funds have also modified their holdings of the company. AQR Capital Management LLC raised its position in Keysight Technologies by 92.6% in the 1st quarter. AQR Capital Management LLC now owns 27,216 shares of the scientific and technical instruments company’s stock valued at $3,965,000 after purchasing an additional 13,085 shares in the last quarter. Integrated Wealth Concepts LLC grew its position in shares of Keysight Technologies by 5.0% during the first quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company’s stock worth $387,000 after buying an additional 122 shares in the last quarter. Empowered Funds LLC increased its stake in shares of Keysight Technologies by 30.0% during the first quarter. Empowered Funds LLC now owns 10,652 shares of the scientific and technical instruments company’s stock worth $1,595,000 after buying an additional 2,461 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of Keysight Technologies by 66.5% during the first quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock worth $59,000 after buying an additional 157 shares during the period. Finally, Sivia Capital Partners LLC acquired a new stake in Keysight Technologies in the second quarter valued at approximately $254,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.
Keysight Technologies Price Performance
Shares of KEYS opened at $315.95 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.02 and a quick ratio of 1.51. Keysight Technologies Inc. has a 1-year low of $158.79 and a 1-year high of $374.96. The stock has a market cap of $54.00 billion, a PE ratio of 43.40, a price-to-earnings-growth ratio of 1.80 and a beta of 1.22. The firm has a fifty day moving average price of $332.86 and a 200 day moving average price of $315.34.
Analyst Ratings Changes
A number of research analysts recently issued reports on the stock. Barclays lifted their price target on shares of Keysight Technologies from $387.00 to $429.00 and gave the stock an “overweight” rating in a research note on Wednesday. JPMorgan Chase & Co. lifted their price objective on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday. Morgan Stanley boosted their target price on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday. Wells Fargo & Company raised their price target on Keysight Technologies from $390.00 to $405.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, UBS Group lifted their price target on Keysight Technologies from $420.00 to $440.00 and gave the stock a “buy” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $392.83.
View Our Latest Report on Keysight Technologies
Insider Buying and Selling
In other news, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $340.87, for a total transaction of $681,740.00. Following the transaction, the senior vice president directly owned 105,861 shares in the company, valued at approximately $36,084,839.07. This trade represents a 1.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Satish Dhanasekaran sold 507 shares of Keysight Technologies stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $361.32, for a total transaction of $183,189.24. Following the completion of the transaction, the chief executive officer directly owned 121,391 shares in the company, valued at $43,860,996.12. The trade was a 0.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 5,507 shares of company stock worth $1,904,669 in the last quarter. 0.40% of the stock is owned by insiders.
Key Stories Impacting Keysight Technologies
Here are the key news stories impacting Keysight Technologies this week:
- Positive Sentiment: Strong results and raised outlook: Keysight reported fiscal third-quarter EPS of $3.07, well above the $2.48 consensus, while revenue reached $1.85 billion versus expectations of $1.75 billion. Revenue increased 36.5% year over year, and management issued upbeat fourth-quarter guidance. Keysight Technologies Gains Attention After Results Update
- Positive Sentiment: AI growth opportunity: Analysts view Keysight’s testing and measurement equipment as a potential durable beneficiary of AI data-center and networking investment, supporting the company’s raised outlook. Keysight Raised Its Outlook
- Positive Sentiment: Multiple growth drivers: Coverage highlights momentum in AI infrastructure, advanced semiconductors, 6G, automotive technology and energy-transition applications, particularly within Keysight’s Electronic Industrial Solutions Group. Keysight Focuses on AI Infrastructure Keysight Rides on EISG Strength
- Positive Sentiment: Analyst support: JPMorgan and Robert W. Baird commentary points to further price appreciation, reinforcing bullish sentiment following the earnings update. JPMorgan Forecasts Strong Price Appreciation Baird Analyst Expects Keysight Stock to Rise
- Neutral Sentiment: Additional analyst coverage remains focused on whether AI-related equipment demand can sustain Keysight’s growth, with broader market attention supporting visibility but not necessarily creating a new company-specific catalyst. Analyst Insights on Keysight Technologies
- Negative Sentiment: Valuation and technical factors could temper enthusiasm: KEYS trades at a forward-looking premium, and its recent retreat has left the shares below the 50-day moving average, potentially encouraging profit-taking despite strong fundamentals. Why Keysight Technologies Is in Focus
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.
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