Guinness Asset Management LTD Cuts Stock Position in Keysight Technologies Inc. $KEYS

Guinness Asset Management LTD reduced its position in Keysight Technologies Inc. (NYSE:KEYS) by 13.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,742 shares of the scientific and technical instruments company’s stock after selling 411 shares during the quarter. Guinness Asset Management LTD’s holdings in Keysight Technologies were worth $411,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Central Pacific Bank Trust Division boosted its holdings in shares of Keysight Technologies by 97.8% in the 1st quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company’s stock worth $27,000 after purchasing an additional 90 shares in the last quarter. Accent Capital Management LLC purchased a new position in shares of Keysight Technologies in the 1st quarter worth about $28,000. Manchester Capital Management LLC boosted its holdings in shares of 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 worth $35,000 after purchasing an additional 108 shares in the last quarter. Zions Bancorporation National Association UT purchased a new position in shares of Keysight Technologies in the 1st quarter worth about $36,000. Finally, WPG Advisers LLC purchased a new stake in Keysight Technologies during the 1st quarter valued at about $39,000. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 10,000 shares of the stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $158.97, for a total value of $1,589,700.00. Following the completion of the sale, the senior vice president owned 108,590 shares in the company, valued at approximately $17,262,552.30. This trade represents a 8.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Neil Dougherty sold 12,215 shares of the stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $164.60, for a total value of $2,010,589.00. Following the completion of the sale, the chief financial officer owned 115,228 shares of the company’s stock, valued at approximately $18,966,528.80. This trade represents a 9.58% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.61% of the company’s stock.

Wall Street Analysts Forecast Growth

KEYS has been the subject of several analyst reports. Barclays dropped their target price on Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a report on Wednesday, August 20th. Bank of America increased their target price on Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a report on Wednesday, August 20th. JPMorgan Chase & Co. increased their target price on Keysight Technologies from $177.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. Finally, Wall Street Zen upgraded Keysight Technologies from a “buy” rating to a “strong-buy” rating in a report on Friday, September 5th. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $187.38.

Keysight Technologies Trading Up 1.3%

NYSE KEYS opened at $172.43 on Friday. Keysight Technologies Inc. has a fifty-two week low of $121.43 and a fifty-two week high of $186.20. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.94 and a current ratio of 3.59. The stock has a 50 day simple moving average of $164.49 and a two-hundred day simple moving average of $157.02. The stock has a market cap of $29.63 billion, a P/E ratio of 54.91, a price-to-earnings-growth ratio of 2.38 and a beta of 1.16.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.05. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The business had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter last year, the business posted $1.57 EPS. The business’s revenue 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. On average, analysts forecast that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

Keysight Technologies Company 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.