Canada Pension Plan Investment Board purchased a new stake in Keysight Technologies Inc. (NYSE:KEYS – Free Report) during the second quarter, HoldingsChannel.com reports. The firm purchased 61,833 shares of the scientific and technical instruments company’s stock, valued at approximately $21,646,000.
Other large investors have also recently bought and sold shares of the company. Fiduciary Financial Advisors acquired a new position in shares of Keysight Technologies in the second quarter valued at approximately $28,000. IMG Wealth Management Inc. acquired a new stake in Keysight Technologies during the 2nd quarter worth approximately $29,000. Compass Financial Management LLC acquired a new stake in Keysight Technologies during the 2nd quarter worth approximately $34,000. Virtus Advisers LLC bought a new stake in Keysight Technologies in the 2nd quarter valued at $35,000. Finally, Cornerstone Planning Group LLC grew its holdings in Keysight Technologies by 36.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock valued at $32,000 after buying an additional 30 shares in the last quarter. 84.58% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on the company. Barclays increased their price objective on Keysight Technologies from $387.00 to $429.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. The Goldman Sachs Group reissued a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, May 20th. Wall Street Zen lowered shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Morgan Stanley raised their price target on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. Finally, Susquehanna lifted their price objective on shares of Keysight Technologies from $425.00 to $440.00 and gave the stock a “positive” rating in a research note on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $392.83.
Keysight Technologies Price Performance
Shares of NYSE:KEYS opened at $319.58 on Friday. The firm has a 50 day moving average of $329.16 and a 200-day moving average of $318.66. Keysight Technologies Inc. has a 12 month low of $158.79 and a 12 month high of $374.96. The company has a current ratio of 2.02, a quick ratio of 1.62 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $54.62 billion, a PE ratio of 43.90, a PEG ratio of 1.67 and a beta of 1.22.
Keysight Technologies (NYSE:KEYS – Get Free Report) last posted its quarterly earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.59. The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.75 billion. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The firm’s revenue for the quarter was up 36.5% on a year-over-year basis. During the same quarter last year, the business posted $1.72 EPS. 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 research analysts predict that Keysight Technologies Inc. will post 10.03 EPS for the current fiscal year.
Insiders Place Their Bets
In other Keysight Technologies news, CEO Satish Dhanasekaran sold 507 shares of the firm’s 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 sale, the chief executive officer owned 121,391 shares of the company’s stock, valued at approximately $43,860,996.12. This trade represents a 0.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jean Mcclung Nye sold 3,000 shares of Keysight Technologies stock in a transaction on Friday, August 21st. The shares were sold at an average price of $319.22, for a total value of $957,660.00. Following the completion of the transaction, the director owned 35,752 shares in the company, valued at approximately $11,412,753.44. The trade was a 7.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 10,507 shares of company stock worth $3,491,649. 0.40% of the stock is owned by company insiders.
Keysight Technologies 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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