Sanctuary Advisors LLC acquired a new stake in Keysight Technologies Inc. (NYSE:KEYS – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 21,782 shares of the scientific and technical instruments company’s stock, valued at approximately $7,625,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Allworth Financial LP acquired a new position in Keysight Technologies in the 2nd quarter valued at about $2,316,000. Findlay Park Partners LLP purchased a new stake in Keysight Technologies during the 2nd quarter valued at approximately $157,137,000. Oppenheimer Asset Management Inc. acquired a new stake in Keysight Technologies during the 2nd quarter worth approximately $11,917,000. Comerica Bank lifted its position in Keysight Technologies by 57.2% during the 4th quarter. Comerica Bank now owns 52,506 shares of the scientific and technical instruments company’s stock worth $10,669,000 after acquiring an additional 19,104 shares during the period. Finally, Jefferies Financial Group Inc. purchased a new position in shares of Keysight Technologies in the 4th quarter valued at approximately $9,739,000. 84.58% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other news, Director James Cullen sold 3,000 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $346.58, for a total value of $1,039,740.00. Following the completion of the transaction, the director owned 21,821 shares in the company, valued at $7,562,722.18. This trade represents a 12.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $314.66, for a total transaction of $629,320.00. Following the completion of the sale, the senior vice president owned 103,861 shares of the company’s stock, valued at $32,680,902.26. This trade represents a 1.89% 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 ninety days, insiders have sold 7,507 shares of company stock worth $2,533,989. Corporate insiders own 0.40% of the company’s stock.
Keysight Technologies Stock Down 1.7%
Keysight Technologies (NYSE:KEYS – Get Free Report) last announced its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share for the quarter, topping analysts’ consensus estimates of $2.48 by $0.59. The firm had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.75 billion. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%.Keysight Technologies’s quarterly revenue was up 36.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.72 earnings per share. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. On average, equities analysts anticipate that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several research firms have recently commented on KEYS. Morgan Stanley upped their price target on Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. Susquehanna lifted their price objective on shares of Keysight Technologies from $425.00 to $440.00 and gave the company a “positive” rating in a research report on Wednesday, August 19th. Wall Street Zen cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Wells Fargo & Company upped their price objective on shares of Keysight Technologies from $390.00 to $405.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. Finally, UBS Group raised their target price on shares of Keysight Technologies from $420.00 to $440.00 and gave the stock a “buy” rating in a research note on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $392.83.
Read Our Latest Stock Analysis on KEYS
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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