State of New Jersey Common Pension Fund D Sells 417 Shares of Keysight Technologies Inc. $KEYS

State of New Jersey Common Pension Fund D trimmed its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS) by 0.7% in the second quarter, according to its most recent filing with the SEC. The firm owned 57,354 shares of the scientific and technical instruments company’s stock after selling 417 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Keysight Technologies were worth $9,398,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in shares of Keysight Technologies by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 20,969,511 shares of the scientific and technical instruments company’s stock worth $3,140,604,000 after buying an additional 95,876 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in Keysight Technologies by 16.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 18,790,100 shares of the scientific and technical instruments company’s stock worth $2,814,195,000 after acquiring an additional 2,675,148 shares in the last quarter. Boston Partners lifted its holdings in shares of Keysight Technologies by 7.7% during the first quarter. Boston Partners now owns 4,263,417 shares of the scientific and technical instruments company’s stock valued at $636,854,000 after acquiring an additional 305,143 shares during the period. T. Rowe Price Investment Management Inc. boosted its stake in shares of Keysight Technologies by 1.0% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,317,700 shares of the scientific and technical instruments company’s stock valued at $496,892,000 after purchasing an additional 33,818 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Keysight Technologies by 2.4% in the 1st quarter. Invesco Ltd. now owns 2,273,896 shares of the scientific and technical instruments company’s stock worth $340,561,000 after purchasing an additional 53,846 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Keysight Technologies in a research report on Saturday. Bank of America raised their price target on Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a report on Wednesday, August 20th. JPMorgan Chase & Co. lifted their price target on Keysight Technologies from $177.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. Morgan Stanley reissued an “equal weight” rating and set a $180.00 price objective on shares of Keysight Technologies in a report on Friday, October 10th. Finally, Wall Street Zen raised shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 18th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $187.38.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $169.49 on Friday. The stock has a market cap of $29.13 billion, a PE ratio of 53.98, a price-to-earnings-growth ratio of 2.36 and a beta of 1.18. The stock has a 50-day moving average of $168.71 and a 200-day moving average of $161.29. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94. Keysight Technologies Inc. has a one year low of $121.43 and a one year high of $186.20.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.05. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period last year, the business posted $1.57 earnings per share. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. As a group, sell-side analysts expect that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

Insider Buying and Selling

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total transaction of $347,960.00. Following the completion of the transaction, the senior vice president directly owned 106,590 shares of the company’s stock, valued at $18,544,528.20. This trade represents a 1.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.61% of the company’s stock.

About Keysight Technologies

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.