Robeco Institutional Asset Management B.V. lifted its stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 61.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 422,846 shares of the scientific and technical instruments company’s stock after acquiring an additional 160,750 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Keysight Technologies were worth $153,933,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in Keysight Technologies in the second quarter valued at $7,030,806,000. State Street Corp raised its position in Keysight Technologies by 3.4% during the second quarter. State Street Corp now owns 8,270,708 shares of the scientific and technical instruments company’s stock valued at $2,895,327,000 after purchasing an additional 273,042 shares in the last quarter. Amundi raised its position in Keysight Technologies by 12.1% during the first quarter. Amundi now owns 2,224,264 shares of the scientific and technical instruments company’s stock valued at $628,065,000 after purchasing an additional 240,167 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in Keysight Technologies by 4.7% during the first quarter. Allspring Global Investments Holdings LLC now owns 2,005,409 shares of the scientific and technical instruments company’s stock worth $581,248,000 after purchasing an additional 90,263 shares during the last quarter. Finally, Legal & General Group Plc bought a new stake in Keysight Technologies during the second quarter worth about $464,017,000. 84.58% of the stock is currently owned by hedge funds and other institutional investors.
Keysight Technologies Price Performance
Shares of NYSE:KEYS opened at $341.96 on Thursday. The company has a quick ratio of 1.62, a current ratio of 2.02 and a debt-to-equity ratio of 0.28. The stock has a market cap of $58.22 billion, a PE ratio of 46.97, a PEG ratio of 1.05 and a beta of 1.17. The company’s fifty day moving average is $343.20 and its 200 day moving average is $338.41. Keysight Technologies Inc. has a 52 week low of $163.32 and a 52 week high of $389.93.
Keysight Technologies (NYSE:KEYS – Get Free Report) last posted its quarterly earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share (EPS) for the quarter, beating 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 business had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.75 billion. During the same period in the prior year, the business posted $1.72 earnings per share. The company’s revenue 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. Research analysts anticipate that Keysight Technologies Inc. will post 10.33 earnings per share for the current year.
Insider Buying and Selling
In related news, VP Lisa M. Poole sold 200 shares of the stock in a transaction dated Wednesday, September 23rd. The stock was 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 directly owned 6,134 shares in the company, valued at $2,134,693.34. This represents a 3.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Satish Dhanasekaran sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $364.13, for a total value of $1,092,390.00. Following the transaction, the chief executive officer owned 118,391 shares in the company, valued at approximately $43,109,714.83. The trade was a 2.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 12,200 shares of company stock worth $4,082,752 in the last 90 days. 0.40% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
KEYS has been the subject of a number of research reports. Morgan Stanley upped their price objective on Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, August 19th. Susquehanna increased their price objective 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 raised their price objective on Keysight Technologies from $387.00 to $429.00 and gave the company an “overweight” rating in a report on Wednesday, August 19th. Zacks Research downgraded Keysight Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday. Finally, Wall Street Zen lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Eleven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $401.42.
Check Out Our Latest Analysis on Keysight Technologies
About Keysight Technologies
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.
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