PNC Financial Services Group Inc. raised its position in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 5.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 58,921 shares of the scientific and technical instruments company’s stock after purchasing an additional 3,282 shares during the period. PNC Financial Services Group Inc.’s holdings in Keysight Technologies were worth $9,655,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. True Wealth Design LLC boosted its position in shares of Keysight Technologies by 358.3% in the 2nd quarter. True Wealth Design LLC now owns 165 shares of the scientific and technical instruments company’s stock worth $27,000 after buying an additional 129 shares in the last quarter. Accent Capital Management LLC purchased a new position in shares of Keysight Technologies during the 1st quarter worth approximately $28,000. NewSquare Capital LLC raised its position in shares of Keysight Technologies by 155.2% during the 2nd quarter. NewSquare Capital LLC now owns 171 shares of the scientific and technical instruments company’s stock worth $28,000 after purchasing an additional 104 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new stake in Keysight Technologies in the 2nd quarter valued at approximately $34,000. Finally, Manchester Capital Management LLC lifted its stake in Keysight Technologies by 85.0% in the 1st quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company’s stock valued at $35,000 after buying an additional 108 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.
Insider Transactions at Keysight Technologies
In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total value of $347,960.00. Following the transaction, the senior vice president directly owned 106,590 shares of the company’s stock, valued at $18,544,528.20. This trade represents a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.61% of the company’s stock.
Keysight Technologies Stock Up 0.3%
Keysight Technologies (NYSE:KEYS – Get Free Report) last released its quarterly earnings data on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) 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 company had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the previous year, the firm earned $1.57 earnings per share. Keysight Technologies’s revenue for the quarter 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. Sell-side analysts expect that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.
Wall Street Analysts Forecast Growth
KEYS has been the subject of a number of recent research reports. Jefferies Financial Group initiated coverage on Keysight Technologies in a research report on Monday, October 27th. They set a “hold” rating and a $180.00 price objective for the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Keysight Technologies in a research note on Thursday. Citigroup assumed coverage on Keysight Technologies in a research note on Friday. They set a “buy” rating and a $215.00 price target on the stock. Morgan Stanley restated an “equal weight” rating and set a $180.00 price objective on shares of Keysight Technologies in a report on Friday, October 10th. Finally, UBS Group started coverage on Keysight Technologies in a research note on Tuesday. They issued a “buy” rating and a $220.00 target price for the company. Eight analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Keysight Technologies presently has an average rating of “Moderate Buy” and an average price target of $192.18.
Read Our Latest Report on Keysight Technologies
Keysight Technologies 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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