Peregrine Asset Advisers Inc. Buys Shares of 17,583 Keysight Technologies Inc. $KEYS

Peregrine Asset Advisers Inc. bought a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 17,583 shares of the scientific and technical instruments company’s stock, valued at approximately $4,965,000. Keysight Technologies comprises 1.3% of Peregrine Asset Advisers Inc.’s investment portfolio, making the stock its 22nd largest position.

A number of other hedge funds have also recently made changes to their positions in KEYS. Belpointe Asset Management LLC purchased a new stake in shares of Keysight Technologies in the fourth quarter worth $1,123,000. Confluence Investment Management LLC raised its position in shares of Keysight Technologies by 2.3% in the 4th quarter. Confluence Investment Management LLC now owns 334,338 shares of the scientific and technical instruments company’s stock worth $67,934,000 after purchasing an additional 7,398 shares during the last quarter. Willis Investment Counsel boosted its stake in Keysight Technologies by 5.7% in the 4th quarter. Willis Investment Counsel now owns 80,609 shares of the scientific and technical instruments company’s stock worth $16,379,000 after purchasing an additional 4,333 shares in the last quarter. Guyasuta Investment Advisors Inc. bought a new position in Keysight Technologies in the 4th quarter worth about $1,137,000. Finally, Oak Harvest Investment Services purchased a new stake in Keysight Technologies during the 4th quarter valued at about $4,070,000. 84.58% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. The Goldman Sachs Group restated a “buy” rating on shares of Keysight Technologies in a research note on Wednesday, May 20th. Barclays increased their price target on shares of Keysight Technologies from $320.00 to $387.00 and gave the company an “overweight” rating in a report on Wednesday, May 20th. Weiss Ratings reissued a “hold (c+)” rating on shares of Keysight Technologies in a research report on Wednesday, June 3rd. Wells Fargo & Company boosted their price objective on shares of Keysight Technologies from $300.00 to $390.00 and gave the stock an “overweight” rating in a report on Wednesday, May 20th. Finally, UBS Group upped their price objective on Keysight Technologies from $340.00 to $420.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $371.92.

Keysight Technologies Price Performance

KEYS opened at $314.36 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.51 and a current ratio of 1.90. The stock has a market capitalization of $53.72 billion, a P/E ratio of 51.70, a P/E/G ratio of 1.91 and a beta of 1.21. The company’s 50-day simple moving average is $346.86 and its two-hundred day simple moving average is $286.49. Keysight Technologies Inc. has a 52-week low of $152.85 and a 52-week high of $374.96.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, topping 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 firm had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.71 billion. During the same period in the previous year, the business posted $1.70 earnings per share. The business’s revenue for the quarter was up 31.5% on a year-over-year basis. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. As a group, analysts predict that Keysight Technologies Inc. will post 9.03 EPS for the current year.

Insiders Place Their Bets

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 507 shares of Keysight Technologies stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $361.32, for a total value of $183,189.24. Following the completion of the sale, the chief executive officer owned 121,391 shares of the company’s stock, valued at approximately $43,860,996.12. The trade was a 0.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $340.87, for a total transaction of $681,740.00. Following the sale, the senior vice president owned 105,861 shares of the company’s stock, valued at approximately $36,084,839.07. This represents a 1.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 5,507 shares of company stock valued at $1,904,669. Company insiders own 0.40% of the company’s stock.

Keysight Technologies Profile

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.