Victory Capital Management Inc. Boosts Holdings in Keysight Technologies Inc. $KEYS

Victory Capital Management Inc. increased its stake in shares of Keysight Technologies Inc. (NYSE:KEYS) by 8.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,021,463 shares of the scientific and technical instruments company’s stock after purchasing an additional 237,563 shares during the period. Victory Capital Management Inc. owned 1.76% of Keysight Technologies worth $528,514,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in Keysight Technologies by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 21,423,838 shares of the scientific and technical instruments company’s stock worth $3,747,458,000 after buying an additional 97,064 shares in the last quarter. State Street Corp lifted its position in shares of Keysight Technologies by 0.7% in the second quarter. State Street Corp now owns 7,973,742 shares of the scientific and technical instruments company’s stock valued at $1,306,577,000 after acquiring an additional 55,358 shares in the last quarter. Boston Partners boosted its stake in shares of Keysight Technologies by 10.5% in the second quarter. Boston Partners now owns 4,709,540 shares of the scientific and technical instruments company’s stock worth $771,359,000 after acquiring an additional 446,123 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Keysight Technologies by 0.9% during the second quarter. Geode Capital Management LLC now owns 4,575,953 shares of the scientific and technical instruments company’s stock worth $747,437,000 after purchasing an additional 40,560 shares in the last quarter. Finally, Norges Bank acquired a new position in Keysight Technologies in the 2nd quarter valued at $316,690,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $313.18 on Tuesday. The company’s 50-day moving average is $227.57 and its two-hundred day moving average is $195.75. Keysight Technologies Inc. has a 1-year low of $121.43 and a 1-year high of $317.00. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.60 and a quick ratio of 2.02. The firm has a market capitalization of $53.72 billion, a price-to-earnings ratio of 56.43, a PEG ratio of 2.39 and a beta of 1.12.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 EPS for the quarter, beating the consensus estimate of $2.00 by $0.17. Keysight Technologies had a net margin of 16.84% and a return on equity of 19.26%. The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the previous year, the company earned $1.82 EPS. The business’s revenue for the quarter was up 23.3% compared to the same quarter last year. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. Analysts forecast that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Keysight Technologies declared that its Board of Directors has approved a stock repurchase program on Monday, November 24th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the scientific and technical instruments company to repurchase up to 4.9% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Analysts Set New Price Targets

Several brokerages have issued reports on KEYS. Robert W. Baird lifted their target price on shares of Keysight Technologies from $230.00 to $257.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. Jefferies Financial Group raised their price target on shares of Keysight Technologies from $195.00 to $220.00 and gave the stock a “hold” rating in a research note on Wednesday, December 10th. JPMorgan Chase & Co. upped their price objective on shares of Keysight Technologies from $255.00 to $300.00 and gave the company an “overweight” rating in a research note on Tuesday, February 24th. Susquehanna reissued a “positive” rating and issued a $300.00 target price on shares of Keysight Technologies in a research note on Tuesday, February 24th. Finally, UBS Group upped their price target on Keysight Technologies from $230.00 to $340.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $295.36.

Insider Buying and Selling

In other news, SVP Jo Ann Juskie sold 1,000 shares of the company’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $304.42, for a total value of $304,420.00. Following the transaction, the senior vice president owned 12,552 shares of the company’s stock, valued at $3,821,079.84. This represents a 7.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $237.68, for a total value of $475,360.00. Following the transaction, the senior vice president owned 107,861 shares of the company’s stock, valued at approximately $25,636,402.48. This represents a 1.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 28,053 shares of company stock valued at $6,053,874. 0.40% of the stock is currently owned by company insiders.

Keysight Technologies Company Profile

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.