Fenimore Asset Management Inc Cuts Stake in Keysight Technologies Inc. $KEYS

Fenimore Asset Management Inc cut its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS) by 2.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 469,043 shares of the scientific and technical instruments company’s stock after selling 13,279 shares during the period. Keysight Technologies makes up about 3.7% of Fenimore Asset Management Inc’s investment portfolio, making the stock its 7th largest holding. Fenimore Asset Management Inc owned about 0.28% of Keysight Technologies worth $170,750,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in KEYS. Fiduciary Financial Advisors bought a new stake in Keysight Technologies during the 2nd quarter valued at $28,000. IMG Wealth Management Inc. bought a new position in shares of Keysight Technologies in the second quarter worth $29,000. Compass Financial Management LLC acquired a new position in shares of Keysight Technologies during the second quarter valued at $34,000. Virtus Advisers LLC acquired a new position in shares of Keysight Technologies during the second quarter valued at $35,000. Finally, Markowski Investments bought a new stake in shares of Keysight Technologies during the second quarter valued at about $38,000. 84.58% of the stock is owned by institutional investors.

Analysts Set New Price Targets

KEYS has been the subject of several research analyst reports. Susquehanna upped their price objective on shares of Keysight Technologies from $425.00 to $440.00 and gave the stock a “positive” rating in a report on Wednesday, August 19th. Weiss Ratings upgraded shares of Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 20th. Citigroup restated a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, August 19th. Wells Fargo & Company upped their price target on shares of Keysight Technologies from $390.00 to $405.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Keysight Technologies from $400.00 to $425.00 and gave the company an “overweight” rating in a 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 given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $401.42.

Insider Buying and Selling

In other news, CEO Satish Dhanasekaran sold 3,000 shares of the stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $364.13, for a total transaction of $1,092,390.00. Following the completion of the sale, the chief executive officer owned 118,391 shares in the company, valued at approximately $43,109,714.83. This represents a 2.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Neil Dougherty sold 2,000 shares of the firm’s stock in a transaction on Monday, September 21st. The stock was sold at an average price of $340.79, for a total value of $681,580.00. Following the sale, the chief financial officer directly owned 123,390 shares of the company’s stock, valued at approximately $42,050,078.10. This represents a 1.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 12,200 shares of company stock valued at $4,082,752 in the last three months. Insiders own 0.40% of the company’s stock.

Keysight Technologies Price Performance

NYSE KEYS traded down $6.93 on Thursday, reaching $374.49. The company’s stock had a trading volume of 1,992,703 shares, compared to its average volume of 1,404,910. Keysight Technologies Inc. has a twelve month low of $158.79 and a twelve month high of $389.93. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.62 and a current ratio of 2.02. The firm’s 50 day moving average is $339.14 and its two-hundred day moving average is $333.51. The stock has a market cap of $63.75 billion, a PE ratio of 51.44, a PEG ratio of 1.22 and a beta of 1.17.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.59. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The company had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.75 billion. During the same quarter in the previous year, the company posted $1.72 EPS. The business’s revenue was up 36.5% compared to the same quarter last year. 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. As a group, sell-side analysts predict that Keysight Technologies Inc. will post 10.33 EPS for the current year.

About Keysight Technologies

Keysight Technologies, Inc is a technology company that provides electronic design and test solutions for communications, aerospace and defense, automotive, semiconductor, energy, and other industries. Its products and services help engineers design, validate, manufacture, and optimize electronic systems and communications networks.

The company offers test and measurement instruments, software, network test and visibility solutions, simulation and modeling tools, cybersecurity testing capabilities, and related technical services.