Police & Firemen s Retirement System of New Jersey lifted its position in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 3.8% in the second quarter, Holdings Channel reports. The institutional investor owned 26,272 shares of the scientific and technical instruments company’s stock after acquiring an additional 968 shares during the period. Police & Firemen s Retirement System of New Jersey’s holdings in Keysight Technologies were worth $4,305,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also modified their holdings of KEYS. Price T Rowe Associates Inc. MD raised its stake in Keysight Technologies by 16.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 18,790,100 shares of the scientific and technical instruments company’s stock worth $2,814,195,000 after purchasing an additional 2,675,148 shares in the last quarter. Boston Partners increased its holdings in shares of Keysight Technologies by 10.3% during the second quarter. Boston Partners now owns 4,704,010 shares of the scientific and technical instruments company’s stock worth $770,453,000 after purchasing an additional 440,593 shares during the period. Assenagon Asset Management S.A. increased its holdings in shares of Keysight Technologies by 310.2% during the second quarter. Assenagon Asset Management S.A. now owns 415,782 shares of the scientific and technical instruments company’s stock worth $68,130,000 after purchasing an additional 314,420 shares during the period. ANTIPODES PARTNERS Ltd raised its position in shares of Keysight Technologies by 49.4% in the first quarter. ANTIPODES PARTNERS Ltd now owns 935,490 shares of the scientific and technical instruments company’s stock valued at $140,120,000 after buying an additional 309,345 shares in the last quarter. Finally, Citigroup Inc. boosted its stake in shares of Keysight Technologies by 37.0% in the first quarter. Citigroup Inc. now owns 1,095,914 shares of the scientific and technical instruments company’s stock valued at $164,135,000 after buying an additional 296,028 shares during the period. 84.58% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities analysts have commented on KEYS shares. Barclays lowered their price objective 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. Wall Street Zen cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 1st. Bank of America upped their price objective on shares of Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 20th. Jefferies Financial Group started coverage on shares of Keysight Technologies in a report on Monday, October 27th. They issued a “hold” rating and a $180.00 target price on the stock. Finally, UBS Group started coverage on shares of Keysight Technologies in a research report on Tuesday. They issued a “buy” rating and a $220.00 target price for the company. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $192.18.
Keysight Technologies Price Performance
Keysight Technologies stock opened at $178.97 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 has a market capitalization of $30.76 billion, a PE ratio of 57.00, a P/E/G ratio of 2.38 and a beta of 1.22. Keysight Technologies Inc. has a 12 month low of $121.43 and a 12 month high of $187.67. The stock has a 50-day moving average price of $173.20 and a two-hundred day moving average price of $165.77.
Keysight Technologies (NYSE:KEYS – Get Free Report) last released its quarterly earnings results 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 return on equity of 19.53% and a net margin of 10.36%.The company had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the previous year, the business posted $1.57 earnings per share. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. 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.
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 that occurred on Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total value of $347,960.00. Following the completion of the transaction, the senior vice president directly owned 106,590 shares in the company, valued at approximately $18,544,528.20. This represents a 1.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.61% of the stock is owned by insiders.
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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