Boston Partners Sells 840,658 Shares of Keysight Technologies Inc. $KEYS

Boston Partners reduced its stake in shares of Keysight Technologies Inc. (NYSE:KEYSFree Report) by 17.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,029,610 shares of the scientific and technical instruments company’s stock after selling 840,658 shares during the quarter. Keysight Technologies accounts for approximately 0.8% of Boston Partners’ portfolio, making the stock its 18th largest holding. Boston Partners’ holdings in Keysight Technologies were worth $819,463,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Norges Bank purchased a new stake in Keysight Technologies in the fourth quarter worth about $435,542,000. Woodline Partners LP bought a new position in shares of Keysight Technologies during the third quarter valued at approximately $208,891,000. M&T Bank Corp increased its stake in shares of Keysight Technologies by 9,349.0% during the fourth quarter. M&T Bank Corp now owns 1,048,176 shares of the scientific and technical instruments company’s stock valued at $212,979,000 after purchasing an additional 1,037,083 shares in the last quarter. Man Group plc increased its position in shares of Keysight Technologies by 164.3% during the second quarter. Man Group plc now owns 1,010,399 shares of the scientific and technical instruments company’s stock valued at $165,564,000 after acquiring an additional 628,082 shares in the last quarter. Finally, AQR Capital Management LLC increased its position in shares of Keysight Technologies by 2,004.8% during the second quarter. AQR Capital Management LLC now owns 572,836 shares of the scientific and technical instruments company’s stock valued at $93,865,000 after acquiring an additional 545,620 shares in the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on KEYS. Wells Fargo & Company raised their price target on shares of Keysight Technologies from $300.00 to $390.00 and gave the company an “overweight” rating in a research report on Wednesday, May 20th. UBS Group lifted their target price on shares of Keysight Technologies from $340.00 to $420.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. JPMorgan Chase & Co. lifted their price target on shares of Keysight Technologies from $360.00 to $390.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. Susquehanna lifted their target price on shares of Keysight Technologies from $415.00 to $425.00 and gave the company a “positive” rating in a research note on Wednesday, May 20th. Finally, Bank of America upgraded shares of Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 target price on the stock in a research note on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $371.92.

View Our Latest Research Report on Keysight Technologies

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 1,667 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $300.00, for a total transaction of $500,100.00. Following the transaction, the chief executive officer owned 122,398 shares in the company, valued at approximately $36,719,400. This represents a 1.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director James Cullen sold 3,000 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total transaction of $1,039,740.00. Following the completion of the sale, the director owned 21,821 shares in the company, valued at $7,562,722.18. The trade was a 12.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 40,334 shares of company stock worth $11,793,190 in the last three months. 0.40% of the stock is owned by company insiders.

Keysight Technologies Trading Up 2.9%

NYSE:KEYS opened at $349.99 on Friday. Keysight Technologies Inc. has a 52 week low of $152.85 and a 52 week high of $370.17. The firm has a 50 day moving average of $338.15 and a 200 day moving average of $271.52. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $59.81 billion, a price-to-earnings ratio of 57.56, a PEG ratio of 1.94 and a beta of 1.22.

Keysight Technologies (NYSE:KEYSGet Free Report) last posted its earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.32 by $0.55. Keysight Technologies had a net margin of 17.25% and a return on equity of 21.58%. The company had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same quarter in the prior year, the company posted $1.70 earnings per share. Keysight Technologies’s revenue for the quarter was up 31.5% compared to the same quarter last year. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. As a group, sell-side analysts anticipate that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.

Keysight Technologies Company Profile

(Free Report)

Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.

Keysight’s product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.

Further Reading

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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