The Manufacturers Life Insurance Company Purchases Shares of 86,880 Keysight Technologies Inc. $KEYS

The Manufacturers Life Insurance Company acquired a new position in Keysight Technologies Inc. (NYSE:KEYSFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 86,880 shares of the scientific and technical instruments company’s stock, valued at approximately $30,414,000. The Manufacturers Life Insurance Company owned approximately 0.05% of Keysight Technologies at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in KEYS. Quarry LP purchased a new stake in Keysight Technologies during the fourth quarter worth $25,000. Fiduciary Financial Advisors purchased a new position in Keysight Technologies in the second quarter valued at $28,000. IMG Wealth Management Inc. purchased a new position in Keysight Technologies in the second quarter valued at $29,000. Cornerstone Planning Group LLC raised its position in shares of Keysight Technologies by 36.1% in the first quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock worth $32,000 after acquiring an additional 30 shares during the period. Finally, Compass Financial Management LLC acquired a new position in shares of Keysight Technologies in the second quarter worth about $34,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Keysight Technologies

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $314.66, for a total value of $629,320.00. Following the transaction, the senior vice president owned 103,861 shares in the company, valued at $32,680,902.26. This trade represents a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Cullen sold 3,000 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total value of $1,039,740.00. Following the completion of the sale, the director directly owned 21,821 shares in the company, valued at $7,562,722.18. This represents a 12.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 10,507 shares of company stock worth $3,491,649 over the last three months. 0.40% of the stock is owned by insiders.

Keysight Technologies Stock Up 1.4%

Shares of NYSE KEYS opened at $326.39 on Friday. The firm has a market cap of $55.78 billion, a price-to-earnings ratio of 44.83, a price-to-earnings-growth ratio of 1.65 and a beta of 1.22. The company’s 50-day simple moving average is $330.03 and its 200-day simple moving average is $318.65. The company has a quick ratio of 1.62, a current ratio of 2.02 and a debt-to-equity ratio of 0.28. Keysight Technologies Inc. has a 52-week low of $158.79 and a 52-week high of $374.96.

Keysight Technologies (NYSE:KEYSGet Free Report) last released its quarterly earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.59. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The firm had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter in the prior year, the firm earned $1.72 EPS. The company’s revenue for the quarter was up 36.5% on a year-over-year basis. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. Equities analysts predict that Keysight Technologies Inc. will post 10.03 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently commented on KEYS. Susquehanna raised their target price on Keysight Technologies from $425.00 to $440.00 and gave the company a “positive” rating in a research report on Wednesday, August 19th. Barclays upped their price target on Keysight Technologies from $387.00 to $429.00 and gave the stock an “overweight” rating in a report on Wednesday, August 19th. UBS Group increased their price target on Keysight Technologies from $420.00 to $440.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. Truist Financial raised their price objective on Keysight Technologies from $376.00 to $400.00 and gave the company a “hold” rating in a report on Wednesday, August 19th. Finally, Citigroup restated a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $392.83.

Read 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.

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

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