Keysight Technologies Inc. $KEYS Shares Sold by Trueblood Wealth Management LLC

Trueblood Wealth Management LLC lowered its position in Keysight Technologies Inc. (NYSE:KEYS) by 5.9% during the second quarter, Holdings Channel.com reports. The fund owned 1,821 shares of the scientific and technical instruments company’s stock after selling 115 shares during the quarter. Trueblood Wealth Management LLC’s holdings in Keysight Technologies were worth $298,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Summit Financial LLC lifted its stake in shares of Keysight Technologies by 2.2% during the first quarter. Summit Financial LLC now owns 3,468 shares of the scientific and technical instruments company’s stock worth $519,000 after purchasing an additional 73 shares in the last quarter. Private Trust Co. NA lifted its stake in shares of Keysight Technologies by 39.9% during the first quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company’s stock worth $39,000 after purchasing an additional 75 shares in the last quarter. Principal Securities Inc. lifted its stake in shares of Keysight Technologies by 9.1% during the first quarter. Principal Securities Inc. now owns 910 shares of the scientific and technical instruments company’s stock worth $146,000 after purchasing an additional 76 shares in the last quarter. NorthCrest Asset Manangement LLC lifted its stake in shares of Keysight Technologies by 2.4% during the second quarter. NorthCrest Asset Manangement LLC now owns 3,466 shares of the scientific and technical instruments company’s stock worth $579,000 after purchasing an additional 80 shares in the last quarter. Finally, Haven Private LLC lifted its stake in shares of Keysight Technologies by 2.1% during the first quarter. Haven Private LLC now owns 3,974 shares of the scientific and technical instruments company’s stock worth $595,000 after purchasing an additional 82 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Wall Street Analyst Weigh In

KEYS has been the topic of a number of recent research reports. Wall Street Zen cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 20th. Weiss Ratings restated a “hold (c)” rating on shares of Keysight Technologies in a research note on Saturday, September 27th. JPMorgan Chase & Co. boosted their price target on Keysight Technologies from $177.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Bank of America boosted their price target on Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 20th. Finally, Barclays cut their price target on Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 20th. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $187.38.

Insider Activity at Keysight Technologies

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total transaction of $347,960.00. Following the completion of the transaction, the senior vice president directly owned 106,590 shares of the company’s stock, valued at approximately $18,544,528.20. This represents a 1.84% 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 the SEC website. Company insiders own 0.61% of the company’s stock.

Keysight Technologies Trading Down 1.8%

Shares of NYSE KEYS opened at $170.19 on Wednesday. The stock’s 50 day moving average price is $168.14 and its two-hundred day moving average price is $159.36. Keysight Technologies Inc. has a 52-week low of $121.43 and a 52-week high of $186.20. The stock has a market capitalization of $29.25 billion, a P/E ratio of 54.20, a PEG ratio of 2.42 and a beta of 1.18. The company has a quick ratio of 2.94, a current ratio of 3.59 and a debt-to-equity ratio of 0.45.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the prior year, the firm posted $1.57 earnings per share. Keysight Technologies’s revenue for the quarter was up 11.1% compared to the same quarter last year. 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 anticipate that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

About Keysight Technologies

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.