Drive Wealth Management LLC Has $725,000 Stock Position in Keysight Technologies Inc. $KEYS

Drive Wealth Management LLC reduced its position in shares of Keysight Technologies Inc. (NYSE:KEYS) by 7.9% during the second quarter, Holdings Channel reports. The institutional investor owned 4,428 shares of the scientific and technical instruments company’s stock after selling 381 shares during the period. Drive Wealth Management LLC’s holdings in Keysight Technologies were worth $725,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Praxis Investment Management Inc. raised its stake in Keysight Technologies by 45.8% during the 1st quarter. Praxis Investment Management Inc. now owns 6,371 shares of the scientific and technical instruments company’s stock worth $954,000 after buying an additional 2,000 shares during the period. Foyston Gordon & Payne Inc increased its holdings in Keysight Technologies by 11.5% during the 1st quarter. Foyston Gordon & Payne Inc now owns 59,851 shares of the scientific and technical instruments company’s stock worth $8,964,000 after purchasing an additional 6,186 shares in the last quarter. GAMMA Investing LLC increased its holdings in Keysight Technologies by 142.8% during the 1st quarter. GAMMA Investing LLC now owns 5,012 shares of the scientific and technical instruments company’s stock worth $751,000 after purchasing an additional 2,948 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Keysight Technologies by 3.2% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 52,174 shares of the scientific and technical instruments company’s stock worth $7,828,000 after purchasing an additional 1,635 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Keysight Technologies by 19.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 12,730 shares of the scientific and technical instruments company’s stock worth $1,906,000 after purchasing an additional 2,106 shares in the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total transaction of $347,960.00. Following the completion of the sale, the senior vice president owned 106,590 shares of the company’s stock, valued at $18,544,528.20. The trade was a 1.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.61% of the stock is owned by insiders.

Keysight Technologies Price Performance

KEYS stock opened at $162.30 on Monday. The firm has a 50 day moving average price of $168.55 and a 200-day moving average price of $160.16. Keysight Technologies Inc. has a 52-week low of $121.43 and a 52-week high of $186.20. The firm has a market capitalization of $27.89 billion, a price-to-earnings ratio of 51.69, a PEG ratio of 2.26 and a beta of 1.18. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.94 and a current ratio of 3.59.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.05. The company had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.57 earnings per share. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. Equities research analysts forecast that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Wall Street Zen raised Keysight Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday. Weiss Ratings restated a “hold (c)” rating on shares of Keysight Technologies in a research report on Wednesday, October 8th. Bank of America increased their price objective on Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 20th. JPMorgan Chase & Co. increased their price objective on Keysight Technologies from $177.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $180.00 target price on shares of Keysight Technologies in a research note on Friday, October 10th. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $187.38.

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.