Keysight Technologies Inc. $KEYS Shares Purchased by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. increased its position in shares of Keysight Technologies Inc. (NYSE:KEYSFree Report) by 10.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,051 shares of the scientific and technical instruments company’s stock after purchasing an additional 2,581 shares during the quarter. Rakuten Investment Management Inc.’s holdings in Keysight Technologies were worth $9,541,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. Glenview Trust Co purchased a new position in Keysight Technologies in the 2nd quarter valued at $583,000. United Capital Financial Advisors LLC grew its holdings in shares of Keysight Technologies by 9.2% during the second quarter. United Capital Financial Advisors LLC now owns 5,956 shares of the scientific and technical instruments company’s stock worth $2,085,000 after buying an additional 503 shares in the last quarter. Equitable Holdings Inc. purchased a new stake in shares of Keysight Technologies during the second quarter worth $242,000. Centaurus Financial Inc. acquired a new stake in shares of Keysight Technologies in the second quarter valued at about $402,000. Finally, Jefferies Financial Group Inc. raised its position in shares of Keysight Technologies by 172.4% in the second quarter. Jefferies Financial Group Inc. now owns 26,972 shares of the scientific and technical instruments company’s stock valued at $9,442,000 after buying an additional 17,071 shares during the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director James Cullen sold 3,000 shares of the firm’s stock in a transaction dated 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 sale, the director directly owned 21,821 shares of the company’s stock, valued at approximately $7,562,722.18. This trade represents a 12.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Satish Dhanasekaran sold 507 shares of the business’s 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 completion of the sale, the chief executive officer owned 121,391 shares in the company, valued at approximately $43,860,996.12. This trade represents a 0.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 10,507 shares of company stock worth $3,491,649. Company insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group restated a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, May 20th. Wall Street Zen downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. Citigroup reissued a “buy” rating on shares of Keysight Technologies in a research note on Wednesday, August 19th. UBS Group boosted their target price on Keysight Technologies from $420.00 to $440.00 and gave the stock a “buy” rating in a report on Wednesday, August 19th. Finally, Barclays upped their price target on Keysight Technologies from $387.00 to $429.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $392.83.

Read Our Latest Stock Analysis on KEYS

Keysight Technologies Stock Performance

Keysight Technologies stock opened at $319.58 on Friday. The firm has a 50 day simple moving average of $329.16 and a 200-day simple moving average of $318.66. Keysight Technologies Inc. has a 1-year low of $158.79 and a 1-year high of $374.96. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.02 and a quick ratio of 1.62. The stock has a market cap of $54.62 billion, a price-to-earnings ratio of 43.90, a price-to-earnings-growth ratio of 1.64 and a beta of 1.22.

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 EPS for the quarter, beating the consensus estimate of $2.48 by $0.59. The firm had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.75 billion. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The business’s revenue for the quarter was up 36.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.72 EPS. 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. On average, analysts expect that Keysight Technologies Inc. will post 10.03 EPS for the current year.

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

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

Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.