Envestnet Asset Management Inc. Buys 7,301 Shares of Keysight Technologies Inc. $KEYS

Envestnet Asset Management Inc. boosted its stake in Keysight Technologies Inc. (NYSE:KEYS) by 1.8% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 411,576 shares of the scientific and technical instruments company’s stock after acquiring an additional 7,301 shares during the period. Envestnet Asset Management Inc.’s holdings in Keysight Technologies were worth $67,418,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Wealthfront Advisers LLC boosted its stake in shares of Keysight Technologies by 27.4% in the 2nd quarter. Wealthfront Advisers LLC now owns 14,199 shares of the scientific and technical instruments company’s stock valued at $2,327,000 after purchasing an additional 3,058 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its stake in shares of Keysight Technologies by 5.7% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 53,303 shares of the scientific and technical instruments company’s stock valued at $8,734,000 after purchasing an additional 2,877 shares during the last quarter. Leeward Investments LLC MA boosted its stake in shares of Keysight Technologies by 16.3% in the 2nd quarter. Leeward Investments LLC MA now owns 108,088 shares of the scientific and technical instruments company’s stock valued at $17,711,000 after purchasing an additional 15,143 shares during the last quarter. Brighton Jones LLC boosted its stake in shares of Keysight Technologies by 30.9% in the 2nd quarter. Brighton Jones LLC now owns 4,208 shares of the scientific and technical instruments company’s stock valued at $689,000 after purchasing an additional 994 shares during the last quarter. Finally, AG2R LA Mondiale Gestion D Actifs boosted its stake in shares of Keysight Technologies by 3.1% in the 2nd quarter. AG2R LA Mondiale Gestion D Actifs now owns 8,016 shares of the scientific and technical instruments company’s stock valued at $1,314,000 after purchasing an additional 240 shares during the last quarter. 84.58% of the stock is owned by institutional investors.

Keysight Technologies Stock Performance

KEYS opened at $175.31 on Friday. The company has a current ratio of 3.59, a quick ratio of 2.94 and a debt-to-equity ratio of 0.45. The company’s fifty day moving average price is $169.44 and its two-hundred day moving average price is $162.21. Keysight Technologies Inc. has a 1-year low of $121.43 and a 1-year high of $186.20. The company has a market cap of $30.13 billion, a price-to-earnings ratio of 55.83, a PEG ratio of 2.38 and a beta of 1.18.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.05. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. The firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the prior year, the company posted $1.57 earnings per share. The business’s revenue was up 11.1% on a year-over-year basis. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. On average, analysts expect that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the company’s stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total transaction of $347,960.00. Following the transaction, the senior vice president owned 106,590 shares in the company, valued at approximately $18,544,528.20. This represents a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.61% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Jefferies Financial Group assumed coverage on shares of Keysight Technologies in a research note on Monday. They issued a “hold” rating and a $180.00 price objective on the stock. Wall Street Zen raised shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Keysight Technologies in a research note on Wednesday, October 8th. JPMorgan Chase & Co. increased their target price on shares of Keysight Technologies from $177.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Finally, Bank of America increased their target price on shares of Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 20th. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $186.56.

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.