Plato Investment Management Ltd acquired a new stake in Keysight Technologies Inc. (NYSE:KEYS – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,940 shares of the scientific and technical instruments company’s stock, valued at approximately $2,415,000.
A number of other hedge funds also recently modified their holdings of the stock. Quarry LP bought a new position in shares of Keysight Technologies during the fourth quarter worth approximately $25,000. Cornerstone Planning Group LLC grew its stake in shares of Keysight Technologies by 36.1% in the first quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock valued at $32,000 after acquiring an additional 30 shares in the last quarter. Oslo Pensjonsforsikring AS acquired a new position in shares of Keysight Technologies in the first quarter valued at about $44,000. Entrust Financial LLC bought a new position in Keysight Technologies during the fourth quarter worth about $45,000. Finally, DV Equities LLC bought a new stake in Keysight Technologies in the 4th quarter valued at about $49,000. Institutional investors and hedge funds own 84.58% of the company’s stock.
Analyst Ratings Changes
Several research analysts have recently commented on the stock. Truist Financial raised their target price on shares of Keysight Technologies from $310.00 to $376.00 and gave the stock a “hold” rating in a report on Thursday, May 21st. Wells Fargo & Company increased their price target on Keysight Technologies from $300.00 to $390.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 20th. Weiss Ratings lowered Keysight Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, July 28th. Morgan Stanley raised their price target on Keysight Technologies from $305.00 to $350.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 20th. Finally, Citigroup boosted their price target on Keysight Technologies from $320.00 to $396.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $371.92.
Keysight Technologies Price Performance
Shares of KEYS stock opened at $358.15 on Monday. The business has a fifty day simple moving average of $333.35 and a 200 day simple moving average of $312.09. The company has a market cap of $61.21 billion, a P/E ratio of 58.91, a P/E/G ratio of 2.04 and a beta of 1.22. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.29. Keysight Technologies Inc. has a twelve month low of $152.85 and a twelve month high of $374.96.
Keysight Technologies (NYSE:KEYS – Get Free Report) last issued its earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, topping the consensus estimate of $2.32 by $0.55. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The firm had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter in the previous year, the firm earned $1.70 earnings per share. The business’s quarterly revenue was up 31.5% on a year-over-year basis. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, sell-side analysts forecast that Keysight Technologies Inc. will post 9.03 EPS for the current fiscal year.
Insider Buying and Selling
In related news, CEO Satish Dhanasekaran sold 507 shares of the stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $361.32, for a total value of $183,189.24. Following the completion of the sale, the chief executive officer directly owned 121,391 shares in the company, valued at $43,860,996.12. This represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Cullen sold 3,000 shares of the firm’s stock in a transaction on 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 directly owned 21,821 shares of the company’s stock, valued at approximately $7,562,722.18. This represents a 12.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 5,507 shares of company stock worth $1,904,669 in the last ninety days. Company 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.
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