Sumitomo Mitsui Trust Group Inc. Increases Position in Keysight Technologies Inc. $KEYS

Sumitomo Mitsui Trust Group Inc. increased its stake in Keysight Technologies Inc. (NYSE:KEYS) by 0.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 410,778 shares of the scientific and technical instruments company’s stock after acquiring an additional 3,274 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Keysight Technologies were worth $67,310,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Summit Financial LLC boosted its position in Keysight Technologies by 2.2% during the first quarter. Summit Financial LLC now owns 3,468 shares of the scientific and technical instruments company’s stock valued at $519,000 after buying an additional 73 shares during the period. Private Trust Co. NA raised its stake in Keysight Technologies by 39.9% in the first quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company’s stock worth $39,000 after buying an additional 75 shares in the last quarter. Principal Securities Inc. raised its stake in Keysight Technologies by 9.1% in the first quarter. Principal Securities Inc. now owns 910 shares of the scientific and technical instruments company’s stock worth $146,000 after buying an additional 76 shares in the last quarter. NorthCrest Asset Manangement LLC increased its stake in shares of Keysight Technologies by 2.4% during the second quarter. NorthCrest Asset Manangement LLC now owns 3,466 shares of the scientific and technical instruments company’s stock valued at $579,000 after purchasing an additional 80 shares in the last quarter. Finally, IFP Advisors Inc increased its stake in shares of Keysight Technologies by 49.1% during the second quarter. IFP Advisors Inc now owns 246 shares of the scientific and technical instruments company’s stock valued at $40,000 after purchasing an additional 81 shares in the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Stock Performance

Shares of NYSE:KEYS opened at $169.49 on Monday. The company has a market capitalization of $29.13 billion, a price-to-earnings ratio of 53.98, a PEG ratio of 2.36 and a beta of 1.18. Keysight Technologies Inc. has a 12 month low of $121.43 and a 12 month high of $186.20. The firm’s 50-day moving average is $168.71 and its 200 day moving average is $161.42. The company has a current ratio of 3.59, a quick ratio of 2.94 and a debt-to-equity ratio of 0.45.

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

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Barclays reduced their price target on shares of Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a research report on Wednesday, August 20th. Wall Street Zen upgraded shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 18th. Morgan Stanley restated an “equal weight” rating and set a $180.00 price objective on shares of Keysight Technologies in a research report on Friday, October 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Keysight Technologies in a report on Saturday. Finally, Bank of America lifted their price target on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a report on Wednesday, August 20th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $187.38.

Insider Buying and Selling

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the company’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total value of $347,960.00. Following the transaction, the senior vice president directly owned 106,590 shares in the company, valued at $18,544,528.20. This represents a 1.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.61% of the stock is owned by corporate insiders.

Keysight Technologies Company Profile

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.