The Manufacturers Life Insurance Company cut its holdings in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 5.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 86,880 shares of the scientific and technical instruments company’s stock after selling 5,022 shares during the period. The Manufacturers Life Insurance Company owned 0.05% of Keysight Technologies worth $30,414,000 as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of KEYS. Quarry LP bought a new position in Keysight Technologies in the 4th quarter worth $25,000. Fiduciary Financial Advisors purchased a new position in Keysight Technologies during the second quarter valued at $28,000. IMG Wealth Management Inc. purchased a new stake in Keysight Technologies in the second quarter worth about $29,000. Cornerstone Planning Group LLC increased its position in Keysight Technologies by 36.1% in the first quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock worth $32,000 after buying an additional 30 shares in the last quarter. Finally, Compass Financial Management LLC purchased a new stake in Keysight Technologies in the second quarter worth about $34,000. Institutional investors own 84.58% of the company’s stock.
Insider Buying and Selling at Keysight Technologies
In other Keysight Technologies news, CEO Satish Dhanasekaran sold 507 shares of the stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $361.32, for a total transaction of $183,189.24. Following the completion of the transaction, the chief executive officer owned 121,391 shares of the company’s stock, valued at $43,860,996.12. This represents a 0.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jean Mcclung Nye sold 3,000 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $319.22, for a total value of $957,660.00. Following the transaction, the director owned 35,752 shares of the company’s stock, valued at approximately $11,412,753.44. The trade was a 7.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 9,507 shares of company stock valued at $3,104,109 in the last 90 days. Insiders own 0.40% of the company’s stock.
Keysight Technologies Trading Up 4.1%
Keysight Technologies (NYSE:KEYS – Get Free Report) last issued its earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share for the quarter, topping analysts’ consensus estimates of $2.48 by $0.59. The firm had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.75 billion. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. Keysight Technologies’s revenue for the quarter was up 36.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.72 earnings per share. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. On average, equities analysts predict that Keysight Technologies Inc. will post 10.33 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on KEYS. Morgan Stanley lifted their price objective on Keysight Technologies from $400.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. Weiss Ratings raised shares of Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 20th. UBS Group raised their target price on shares of Keysight Technologies from $420.00 to $440.00 and gave the stock a “buy” rating in a research note on Wednesday, August 19th. Susquehanna lifted their price target on shares of Keysight Technologies from $425.00 to $440.00 and gave the company a “positive” rating in a report on Wednesday, August 19th. Finally, Truist Financial upped their price target on shares of Keysight Technologies from $376.00 to $400.00 and gave the stock a “hold” rating in a research report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $392.83.
View Our Latest Report on KEYS
About Keysight Technologies
Keysight Technologies, Inc is a technology company that provides electronic design and test solutions for engineers, manufacturers and service providers. Its products and services help customers design, validate, manufacture and optimize electronic and communications systems across the product life cycle.
The company offers electronic measurement instruments, software and related services for applications including radio-frequency and microwave testing, wireless communications, high-speed digital systems, semiconductor development and power electronics.
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