Mirae Asset Global Investments Co. Ltd. Acquires 65,672 Shares of Keysight Technologies Inc. $KEYS

Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 65,672 shares of the scientific and technical instruments company’s stock, valued at approximately $23,907,000.

A number of other hedge funds have also bought and sold shares of KEYS. Railway Pension Investments Ltd bought a new position in Keysight Technologies during the 2nd quarter valued at about $36,099,000. Allworth Financial LP bought a new stake in Keysight Technologies in the second quarter worth about $2,316,000. Findlay Park Partners LLP bought a new stake in Keysight Technologies in the second quarter worth about $157,137,000. Citizens Financial Group Inc. RI lifted its stake in Keysight Technologies by 54.8% in the third quarter. Citizens Financial Group Inc. RI now owns 4,798 shares of the scientific and technical instruments company’s stock worth $1,747,000 after purchasing an additional 1,698 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of Keysight Technologies by 3.4% during the second quarter. Envestnet Asset Management Inc. now owns 382,082 shares of the scientific and technical instruments company’s stock valued at $133,755,000 after buying an additional 12,508 shares during the period. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Trading Down 2.8%

KEYS stock opened at $298.69 on Tuesday. The company has a market capitalization of $50.85 billion, a PE ratio of 41.03, a P/E/G ratio of 1.06 and a beta of 1.17. Keysight Technologies Inc. has a 12 month low of $167.23 and a 12 month high of $389.93. The firm’s 50-day moving average is $340.57 and its 200 day moving average is $315.80. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.02 and a quick ratio of 1.62.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share for the quarter, beating analysts’ consensus estimates of $2.48 by $0.59. The company had revenue of $1.85 billion during 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 firm’s revenue for the quarter was up 36.5% on a year-over-year basis. During the same quarter last year, the business posted $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, research analysts anticipate that Keysight Technologies Inc. will post 10.33 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on KEYS shares. Truist Financial upped their target price on Keysight Technologies from $376.00 to $400.00 and gave the company a “hold” rating in a research note on Wednesday, August 19th. Zacks Research lowered Keysight Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 19th. UBS Group raised their price target on Keysight Technologies from $420.00 to $440.00 and gave the stock a “buy” rating in a research note on Wednesday, August 19th. Weiss Ratings upgraded Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 20th. Finally, Citigroup reaffirmed a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, August 19th. Eleven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $401.42.

Insider Buying and Selling at Keysight Technologies

In other news, VP Lisa Poole sold 200 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, September 23rd. The shares were sold at an average price of $348.01, for a total transaction of $69,602.00. Following the completion of the sale, the vice president owned 6,134 shares of the company’s stock, valued at approximately $2,134,693.34. The trade was a 3.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Ingrid Estrada sold 2,000 shares of Keysight Technologies stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $326.10, for a total transaction of $652,200.00. Following the sale, the senior vice president directly owned 101,861 shares of the company’s stock, valued at $33,216,872.10. This represents a 1.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 12,200 shares of company stock valued at $4,082,752. 0.40% of the stock is owned by corporate insiders.

Keysight Technologies Company Profile

Keysight Technologies, Inc (NYSE: KEYS) provides electronic design and test solutions used to develop, validate, and optimize communications systems, electronic devices, and other technologies. Its customers include companies in the communications, aerospace and defense, automotive, semiconductor, electronics, energy, education, and government sectors.

The company’s product portfolio includes electronic test and measurement instruments, software, network test and visibility solutions, radio-frequency and microwave systems, oscilloscopes, signal analyzers, wireless and wireline test platforms, and cybersecurity testing tools.