Bank of New York Mellon Corp Trims Holdings in Keysight Technologies Inc. $KEYS

Bank of New York Mellon Corp decreased its position in shares of Keysight Technologies Inc. (NYSE:KEYS) by 4.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 883,976 shares of the scientific and technical instruments company’s stock after selling 36,619 shares during the quarter. Bank of New York Mellon Corp’s holdings in Keysight Technologies were worth $249,608,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Quarry LP purchased a new stake in Keysight Technologies in the 4th quarter worth approximately $25,000. Entrust Financial LLC bought a new stake in shares of Keysight Technologies in the fourth quarter worth about $45,000. DV Equities LLC bought a new stake in shares of Keysight Technologies in the fourth quarter worth about $49,000. Atlantic Edge Private Wealth Management LLC lifted its position in shares of Keysight Technologies by 497.7% in the fourth quarter. Atlantic Edge Private Wealth Management LLC now owns 257 shares of the scientific and technical instruments company’s stock worth $52,000 after buying an additional 214 shares in the last quarter. Finally, Atlas Capital Advisors Inc. purchased a new stake in shares of Keysight Technologies in the fourth quarter worth about $57,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Price Performance

Shares of KEYS opened at $315.70 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.90 and a quick ratio of 1.51. The company’s fifty day moving average price is $340.35 and its 200-day moving average price is $294.73. Keysight Technologies Inc. has a 1-year low of $152.85 and a 1-year high of $374.96. The firm has a market capitalization of $53.95 billion, a PE ratio of 51.92, a price-to-earnings-growth ratio of 1.78 and a beta of 1.21.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.55. The company had revenue of $1.72 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the company posted $1.70 earnings per share. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, equities research analysts predict that Keysight Technologies Inc. will post 9.03 EPS for the current year.

Insiders Place Their Bets

In related news, SVP Ingrid A. Estrada sold 2,000 shares of the company’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $340.87, for a total transaction of $681,740.00. Following the completion of the sale, the senior vice president owned 105,861 shares of the company’s stock, valued at approximately $36,084,839.07. This represents a 1.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Satish Dhanasekaran sold 507 shares of the stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $361.32, for a total transaction of $183,189.24. Following the completion of the sale, the chief executive officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 5,507 shares of company stock valued at $1,904,669 in the last 90 days. 0.40% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on KEYS shares. Truist Financial raised their price objective on Keysight Technologies from $310.00 to $376.00 and gave the company a “hold” rating in a research note on Thursday, May 21st. Weiss Ratings upgraded shares of Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. UBS Group boosted their price objective on Keysight Technologies from $340.00 to $420.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Wall Street Zen upgraded Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 13th. Finally, JPMorgan Chase & Co. lifted their target price on Keysight Technologies from $360.00 to $390.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price 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.