Danica Pension Livsforsikringsaktieselskab cut its stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 3.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 46,870 shares of the scientific and technical instruments company’s stock after selling 1,780 shares during the quarter. Danica Pension Livsforsikringsaktieselskab’s holdings in Keysight Technologies were worth $17,063,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. BlackRock Inc. acquired a new position in Keysight Technologies in the 2nd quarter valued at $7,030,806,000. State Street Corp lifted its stake in shares of Keysight Technologies by 3.4% in the 2nd quarter. State Street Corp now owns 8,270,708 shares of the scientific and technical instruments company’s stock worth $2,895,327,000 after acquiring an additional 273,042 shares during the period. Amundi lifted its stake in shares of Keysight Technologies by 12.1% in the 1st quarter. Amundi now owns 2,224,264 shares of the scientific and technical instruments company’s stock worth $628,065,000 after acquiring an additional 240,167 shares during the period. Legal & General Group Plc acquired a new stake in shares of Keysight Technologies in the 2nd quarter worth $464,017,000. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of Keysight Technologies by 1.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,550,122 shares of the scientific and technical instruments company’s stock valued at $437,708,000 after acquiring an additional 20,325 shares in the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
KEYS has been the subject of several analyst reports. JPMorgan Chase & Co. increased their price target on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, August 19th. Zacks Research lowered Keysight Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 19th. Morgan Stanley boosted their target price on Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. Robert W. Baird increased their target price on Keysight Technologies from $385.00 to $410.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 19th. Finally, Susquehanna raised their price target on Keysight Technologies from $425.00 to $440.00 and gave the company a “positive” rating in a report on Wednesday, August 19th. Eleven analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $401.42.
Read Our Latest Stock Report on Keysight Technologies
Insider Activity
In other Keysight Technologies news, CFO Neil Dougherty sold 2,000 shares of the business’s stock in a transaction on Monday, September 21st. The stock was sold at an average price of $340.79, for a total transaction of $681,580.00. Following the sale, the chief financial officer directly owned 123,390 shares in the company, valued at approximately $42,050,078.10. The trade was a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Lisa Poole sold 200 shares of the company’s stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of $348.01, for a total value of $69,602.00. Following the completion of the sale, the vice president directly owned 6,134 shares in the company, valued at $2,134,693.34. This trade represents a 3.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 12,200 shares of company stock valued at $4,082,752 in the last 90 days. Insiders own 0.40% of the company’s stock.
Keysight Technologies Price Performance
KEYS stock traded down $6.80 during trading on Friday, reaching $297.43. 1,032,603 shares of the company were exchanged, compared to its average volume of 1,466,596. 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 stock’s 50 day moving average price is $335.02 and its 200 day moving average price is $319.21. Keysight Technologies Inc. has a 52-week low of $167.23 and a 52-week high of $389.93. The company has a market cap of $50.64 billion, a P/E ratio of 40.86, a PEG ratio of 0.76 and a beta of 1.19.
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 (EPS) for the quarter, beating analysts’ consensus estimates of $2.48 by $0.59. The company had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.75 billion. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The firm’s quarterly revenue was up 36.5% compared to the same quarter last year. During the same period last year, the company posted $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. As a group, analysts predict that Keysight Technologies Inc. will post 10.33 earnings per share for the current fiscal year.
Keysight Technologies Company Profile
Keysight Technologies, Inc. develops electronic design, test and measurement solutions used to design, validate and monitor electronic systems. Its offerings include instruments, software and services that help customers evaluate the performance and reliability of products and networks. The company serves industries including communications, aerospace and defense, automotive, semiconductor and general electronics. Its solutions support work ranging from chip and device development to testing wireless networks, data centers and connected systems.
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