26,873 Shares in Keysight Technologies Inc. $KEYS Bought by Firetrail Investments PTY Ltd.

Firetrail Investments PTY Ltd. purchased a new stake in Keysight Technologies Inc. (NYSE:KEYSFree Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 26,873 shares of the scientific and technical instruments company’s stock, valued at approximately $9,350,000. Keysight Technologies comprises approximately 2.6% of Firetrail Investments PTY Ltd.’s portfolio, making the stock its 17th largest holding.

Several other large investors also recently bought and sold shares of the stock. Norges Bank purchased a new position in shares of Keysight Technologies during the fourth quarter worth about $435,542,000. Focus Partners Wealth lifted its holdings in shares of Keysight Technologies by 3,941.3% in the 4th quarter. Focus Partners Wealth now owns 1,406,286 shares of the scientific and technical instruments company’s stock valued at $285,743,000 after purchasing an additional 1,371,488 shares during the last quarter. Woodline Partners LP purchased a new stake in shares of Keysight Technologies in the 3rd quarter valued at about $208,891,000. M&T Bank Corp boosted its position in shares of Keysight Technologies by 9,349.0% in the 4th quarter. M&T Bank Corp now owns 1,048,176 shares of the scientific and technical instruments company’s stock valued at $212,979,000 after purchasing an additional 1,037,083 shares during the period. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Keysight Technologies in the 2nd quarter valued at about $312,523,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Activity

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $340.87, for a total transaction of $681,740.00. Following the completion of the sale, the senior vice president owned 105,861 shares in the company, valued at $36,084,839.07. This represents a 1.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Satish Dhanasekaran sold 507 shares of the company’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $361.32, for a total value of $183,189.24. Following the sale, the chief executive officer owned 121,391 shares of the company’s stock, valued at $43,860,996.12. This trade represents a 0.42% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 5,507 shares of company stock valued at $1,904,669. Company insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets

KEYS has been the topic of a number of research reports. Truist Financial raised their price target on Keysight Technologies from $310.00 to $376.00 and gave the stock a “hold” rating in a research note on Thursday, May 21st. Robert W. Baird boosted their price objective on Keysight Technologies from $375.00 to $385.00 and gave the company an “outperform” rating in a research note on Wednesday, May 20th. Zacks Research raised Keysight Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Weiss Ratings lowered shares of Keysight Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, July 28th. Finally, Wells Fargo & Company lifted their target price on shares of Keysight Technologies from $300.00 to $390.00 and gave the company an “overweight” rating in a report on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $371.92.

Check Out Our Latest Research Report on KEYS

Keysight Technologies Stock Performance

NYSE KEYS opened at $358.15 on Monday. The firm has a market cap of $61.21 billion, a P/E ratio of 58.91, a P/E/G ratio of 2.04 and a beta of 1.22. Keysight Technologies Inc. has a 52-week low of $152.85 and a 52-week high of $374.96. The business’s 50-day moving average price is $333.35 and its 200 day moving average price is $312.09. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.29.

Keysight Technologies (NYSE:KEYSGet Free Report) last posted its quarterly earnings data on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, beating the consensus estimate of $2.32 by $0.55. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The firm had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same period in the prior year, the business earned $1.70 EPS. The firm’s revenue was up 31.5% compared to the same quarter last year. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, equities research analysts expect that Keysight Technologies Inc. will post 9.03 earnings per share for the current year.

Keysight Technologies Company Profile

(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.

Further Reading

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

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