Martingale Asset Management L P grew its stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 26.4% in the 1st quarter, Holdings Channel.com reports. The fund owned 10,307 shares of the scientific and technical instruments company’s stock after acquiring an additional 2,150 shares during the period. Martingale Asset Management L P’s holdings in Keysight Technologies were worth $1,544,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of KEYS. Central Pacific Bank Trust Division increased its holdings in shares of Keysight Technologies by 97.8% during the first quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company’s stock valued at $27,000 after acquiring an additional 90 shares in the last quarter. Accent Capital Management LLC bought a new position in shares of Keysight Technologies during the first quarter valued at $28,000. Manchester Capital Management LLC increased its holdings in shares of Keysight Technologies by 85.0% during the first quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company’s stock valued at $35,000 after acquiring an additional 108 shares in the last quarter. Zions Bancorporation National Association UT bought a new position in shares of Keysight Technologies during the first quarter valued at $36,000. Finally, Private Trust Co. NA increased its holdings in shares of Keysight Technologies by 39.9% during the first quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company’s stock valued at $39,000 after acquiring an additional 75 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors.
Insider Transactions at Keysight Technologies
In other Keysight Technologies news, SVP John Page sold 7,368 shares of the firm’s stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $157.78, for a total value of $1,162,523.04. Following the transaction, the senior vice president directly owned 36,986 shares of the company’s stock, valued at approximately $5,835,651.08. This trade represents a 16.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Ingrid A. Estrada sold 10,000 shares of the firm’s stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $158.97, for a total value of $1,589,700.00. Following the completion of the transaction, the senior vice president directly owned 108,590 shares in the company, valued at $17,262,552.30. The trade was a 8.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 30,241 shares of company stock valued at $4,866,631. Company insiders own 0.61% of the company’s stock.
Keysight Technologies Trading Up 3.9%
Keysight Technologies (NYSE:KEYS – Get Free Report) last announced its earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.05. The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The business’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period last year, the firm posted $1.57 earnings per share. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. Analysts expect that Keysight Technologies Inc. will post 6.32 EPS for the current year.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the company. Barclays reduced their price target on Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a report on Wednesday. Morgan Stanley lifted their price objective on Keysight Technologies from $156.00 to $180.00 and gave the stock an “overweight” rating in a report on Tuesday, May 13th. Bank of America lifted their price objective on Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a report on Wednesday. Finally, JPMorgan Chase & Co. lifted their price objective on Keysight Technologies from $177.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $187.38.
Get Our Latest Report on Keysight Technologies
Keysight Technologies Company Profile
Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.
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