First Manhattan CO. LLC. Has $85.47 Million Stock Holdings in Keysight Technologies Inc. $KEYS

First Manhattan CO. LLC. cut its stake in shares of Keysight Technologies Inc. (NYSE:KEYS) by 36.4% during the first quarter, Holdings Channel reports. The firm owned 570,648 shares of the scientific and technical instruments company’s stock after selling 326,651 shares during the quarter. First Manhattan CO. LLC.’s holdings in Keysight Technologies were worth $85,466,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Central Pacific Bank Trust Division grew 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 buying an additional 90 shares in the last quarter. Accent Capital Management LLC purchased a new position in shares of Keysight Technologies during the first quarter valued at $28,000. Manchester Capital Management LLC grew 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 buying an additional 108 shares in the last quarter. Zions Bancorporation National Association UT purchased a new position in shares of Keysight Technologies during the first quarter valued at $36,000. Finally, Private Trust Co. NA grew 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 buying an additional 75 shares in the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Keysight Technologies

In related news, CFO Neil Dougherty sold 12,215 shares of Keysight Technologies stock in a transaction on Monday, June 30th. The shares were sold at an average price of $164.60, for a total value of $2,010,589.00. Following the transaction, the chief financial officer owned 115,228 shares in the company, valued at $18,966,528.80. This trade represents a 9.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Ingrid A. Estrada sold 10,000 shares of the business’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 transaction, the senior vice president directly owned 108,590 shares of the company’s stock, valued at $17,262,552.30. This represents a 8.43% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.61% of the company’s stock.

Keysight Technologies Stock Performance

KEYS opened at $163.42 on Monday. The company has a market cap of $28.13 billion, a PE ratio of 52.04, a price-to-earnings-growth ratio of 2.29 and a beta of 1.16. The stock has a 50-day moving average of $163.76 and a 200-day moving average of $157.55. Keysight Technologies Inc. has a 52-week low of $121.43 and a 52-week high of $186.20. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.94 and a current ratio of 3.59.

Keysight Technologies (NYSE:KEYS) last released its quarterly 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 company had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The firm’s revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.57 EPS. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. As a group, equities research analysts forecast that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Morgan Stanley lifted their price target on Keysight Technologies from $156.00 to $180.00 and gave the company an “overweight” rating in a report on Tuesday, May 13th. JPMorgan Chase & Co. boosted their target price on Keysight Technologies from $177.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Bank of America boosted their target price on Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a research note on Wednesday, August 20th. Finally, Barclays lowered their target price on Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 20th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $187.38.

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.