Blue Grotto Capital LLC Acquires Shares of 167,637 Keysight Technologies Inc. $KEYS

Blue Grotto Capital LLC acquired a new position in shares of Keysight Technologies Inc. (NYSE:KEYS) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 167,637 shares of the scientific and technical instruments company’s stock, valued at approximately $29,323,000. Keysight Technologies comprises approximately 3.4% of Blue Grotto Capital LLC’s investment portfolio, making the stock its 13th biggest position.

Other institutional investors have also modified their holdings of the company. Optiver Holding B.V. bought a new position in shares of Keysight Technologies during the third quarter worth about $35,000. Westfuller Advisors LLC bought a new stake in Keysight Technologies in the third quarter valued at about $45,000. True Wealth Design LLC increased its holdings in Keysight Technologies by 68.5% in the third quarter. True Wealth Design LLC now owns 278 shares of the scientific and technical instruments company’s stock valued at $49,000 after buying an additional 113 shares during the last quarter. Atlantic Union Bankshares Corp raised its stake in Keysight Technologies by 36.2% during the third quarter. Atlantic Union Bankshares Corp now owns 286 shares of the scientific and technical instruments company’s stock valued at $50,000 after buying an additional 76 shares in the last quarter. Finally, Root Financial Partners LLC bought a new position in Keysight Technologies during the 3rd quarter worth approximately $51,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on KEYS. Jefferies Financial Group raised their price objective on Keysight Technologies from $195.00 to $220.00 and gave the stock a “hold” rating in a research note on Wednesday, December 10th. Morgan Stanley raised their target price on shares of Keysight Technologies from $227.00 to $268.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 24th. Robert W. Baird boosted their price objective on Keysight Technologies from $230.00 to $257.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. The Goldman Sachs Group increased their price objective on shares of Keysight Technologies from $243.00 to $322.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Finally, UBS Group raised their price target on shares of Keysight Technologies from $230.00 to $340.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $295.36.

Keysight Technologies Stock Performance

KEYS opened at $283.24 on Friday. Keysight Technologies Inc. has a 52-week low of $121.43 and a 52-week high of $317.00. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.02 and a current ratio of 2.60. The stock has a 50-day moving average of $240.60 and a 200-day moving average of $202.16. The company has a market cap of $48.58 billion, a PE ratio of 51.03, a price-to-earnings-growth ratio of 2.21 and a beta of 1.12.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $2.00 by $0.17. Keysight Technologies had a net margin of 16.84% and a return on equity of 19.26%. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same quarter last year, the firm posted $1.82 earnings per share. The company’s quarterly revenue was up 23.3% compared to the same quarter last year. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. As a group, equities research analysts forecast that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Keysight Technologies declared that its board has initiated a stock buyback program on Monday, November 24th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the scientific and technical instruments company to buy up to 4.9% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In other Keysight Technologies news, CFO Neil Dougherty sold 1,000 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $203.72, for a total value of $203,720.00. Following the transaction, the chief financial officer directly owned 127,833 shares of the company’s stock, valued at $26,042,138.76. The trade was a 0.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Sung Yoon sold 889 shares of the business’s stock in a transaction on Tuesday, December 30th. The stock was sold at an average price of $206.66, for a total transaction of $183,720.74. Following the transaction, the senior vice president directly owned 16,953 shares in the company, valued at $3,503,506.98. This trade represents a 4.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 4,889 shares of company stock worth $1,167,221. Corporate insiders own 0.40% of the company’s stock.

Keysight Technologies Company Profile

Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.

Keysight’s product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.