Sheets Smith Wealth Management Trims Stock Holdings in Keysight Technologies Inc. $KEYS

Sheets Smith Wealth Management lowered its position in shares of Keysight Technologies Inc. (NYSE:KEYS) by 28.4% in the first quarter, HoldingsChannel.com reports. The fund owned 3,866 shares of the scientific and technical instruments company’s stock after selling 1,535 shares during the quarter. Sheets Smith Wealth Management’s holdings in Keysight Technologies were worth $1,092,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Keysight Technologies in the fourth quarter valued at about $435,542,000. Focus Partners Wealth raised its stake in shares of Keysight Technologies by 3,941.3% in the fourth quarter. Focus Partners Wealth now owns 1,406,286 shares of the scientific and technical instruments company’s stock worth $285,743,000 after purchasing an additional 1,371,488 shares during the last quarter. Woodline Partners LP acquired a new stake in shares of Keysight Technologies during the third quarter worth about $208,891,000. M&T Bank Corp lifted its holdings in shares of Keysight Technologies by 9,349.0% during the fourth quarter. M&T Bank Corp now owns 1,048,176 shares of the scientific and technical instruments company’s stock worth $212,979,000 after purchasing an additional 1,037,083 shares during the period. Finally, Man Group plc boosted its position in Keysight Technologies by 164.3% in the second quarter. Man Group plc now owns 1,010,399 shares of the scientific and technical instruments company’s stock valued at $165,564,000 after buying an additional 628,082 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Insider Activity

In related news, CEO Satish Dhanasekaran sold 1,667 shares of the business’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $300.00, for a total value of $500,100.00. Following the completion of the transaction, the chief executive officer directly owned 122,398 shares in the company, valued at $36,719,400. The trade was a 1.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Neil Dougherty sold 2,000 shares of the stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $298.37, for a total transaction of $596,740.00. Following the sale, the chief financial officer directly owned 125,272 shares in the company, valued at $37,377,406.64. This trade represents a 1.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 8,667 shares of company stock valued at $2,730,960. 0.40% of the stock is currently owned by company insiders.

Keysight Technologies Stock Down 0.1%

Keysight Technologies stock opened at $363.47 on Friday. The business’s 50-day moving average price is $343.99 and its 200 day moving average price is $277.26. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.29. The firm has a market cap of $62.12 billion, a price-to-earnings ratio of 59.78, a price-to-earnings-growth ratio of 2.07 and a beta of 1.22. Keysight Technologies Inc. has a 52 week low of $152.85 and a 52 week high of $370.17.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data 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. The business 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%.The business’s quarterly revenue was up 31.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.70 EPS. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. As a group, sell-side analysts anticipate that Keysight Technologies Inc. will post 9.03 earnings per share for the current year.

Analyst Ratings Changes

KEYS has been the topic of several research reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Keysight Technologies in a report on Wednesday, June 3rd. JPMorgan Chase & Co. lifted their price objective on shares of Keysight Technologies from $360.00 to $390.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Keysight Technologies in a report on Wednesday, May 20th. Zacks Research upgraded shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, Citigroup raised their target price on shares of Keysight Technologies from $320.00 to $396.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $371.92.

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.