Firetrail Investments PTY Ltd. Invests $9.35 Million in Keysight Technologies Inc. $KEYS

Firetrail Investments PTY Ltd. acquired a new stake in Keysight Technologies Inc. (NYSE:KEYS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 26,873 shares of the scientific and technical instruments company’s stock, valued at approximately $9,350,000. Keysight Technologies accounts for about 2.6% of Firetrail Investments PTY Ltd.’s investment portfolio, making the stock its 17th biggest holding.

A number of other institutional investors have also recently made changes to their positions in the business. Cornerstone Planning Group LLC lifted its holdings in Keysight Technologies by 36.1% during the 1st quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock worth $32,000 after buying an additional 30 shares in the last quarter. Quarry LP acquired a new position in shares of Keysight Technologies in the fourth quarter worth $25,000. Oslo Pensjonsforsikring AS purchased a new stake in shares of Keysight Technologies during the first quarter worth $44,000. Eastern Bank increased its position in shares of Keysight Technologies by 79.0% during the second quarter. Eastern Bank now owns 179 shares of the scientific and technical instruments company’s stock worth $63,000 after acquiring an additional 79 shares during the period. Finally, Western Wealth Management LLC purchased a new stake in shares of Keysight Technologies during the first quarter worth $58,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $358.15 on Monday. The company has a current ratio of 1.90, a quick ratio of 1.51 and a debt-to-equity ratio of 0.29. The firm has a fifty day moving average price of $333.35 and a 200 day moving average price of $312.09. The company has a market cap of $61.21 billion, a P/E ratio of 58.91, a PEG ratio of 2.04 and a beta of 1.22. Keysight Technologies Inc. has a 12 month low of $152.85 and a 12 month high of $374.96.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, beating the consensus estimate of $2.32 by $0.55. The firm had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.71 billion. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.Keysight Technologies’s revenue for the quarter was up 31.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.70 earnings per share. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. Sell-side analysts predict that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.

Insider Activity

In other news, Director James Cullen sold 3,000 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total value of $1,039,740.00. Following the transaction, the director owned 21,821 shares in the company, valued at approximately $7,562,722.18. This represents a 12.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $340.87, for a total value of $681,740.00. Following the sale, the senior vice president directly owned 105,861 shares in the company, valued at $36,084,839.07. This trade represents a 1.85% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 5,507 shares of company stock worth $1,904,669. 0.40% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on KEYS. Barclays lifted their target price on Keysight Technologies from $320.00 to $387.00 and gave the company an “overweight” rating in a report on Wednesday, May 20th. Wall Street Zen downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. Wells Fargo & Company increased their price target on Keysight Technologies from $300.00 to $390.00 and gave the company an “overweight” rating in a research report on Wednesday, May 20th. Susquehanna lifted their price objective on Keysight Technologies from $415.00 to $425.00 and gave the company a “positive” rating in a research note on Wednesday, May 20th. Finally, Robert W. Baird boosted their price objective on Keysight Technologies from $375.00 to $385.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $371.92.

About Keysight Technologies

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.