London Co. of Virginia Sells 43,082 Shares of Keysight Technologies Inc. $KEYS

London Co. of Virginia lowered its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS) by 4.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,027,020 shares of the scientific and technical instruments company’s stock after selling 43,082 shares during the period. London Co. of Virginia owned about 0.60% of Keysight Technologies worth $168,288,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of KEYS. True Wealth Design LLC increased its holdings in Keysight Technologies by 358.3% in the second quarter. True Wealth Design LLC now owns 165 shares of the scientific and technical instruments company’s stock valued at $27,000 after purchasing an additional 129 shares during the period. NewSquare Capital LLC grew its position in shares of Keysight Technologies by 155.2% in the 2nd quarter. NewSquare Capital LLC now owns 171 shares of the scientific and technical instruments company’s stock valued at $28,000 after buying an additional 104 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new stake in shares of Keysight Technologies in the second quarter valued at about $34,000. WPG Advisers LLC bought a new position in shares of Keysight Technologies during the first quarter worth about $39,000. Finally, IFP Advisors Inc raised its position 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 worth $40,000 after acquiring an additional 81 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on KEYS. Weiss Ratings reiterated a “hold (c)” rating on shares of Keysight Technologies in a report on Monday, December 1st. Citigroup upped their price objective on shares of Keysight Technologies from $215.00 to $220.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Wall Street Zen upgraded shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research report on Friday, November 28th. Barclays lifted their target price on shares of Keysight Technologies from $195.00 to $232.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. Finally, Jefferies Financial Group upped their price target on shares of Keysight Technologies from $195.00 to $220.00 and gave the company a “hold” rating in a research report on Wednesday. Eight analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $217.09.

Insider Transactions at Keysight Technologies

In other news, CEO Satish Dhanasekaran sold 4,230 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $211.43, for a total transaction of $894,348.90. Following the transaction, the chief executive officer directly owned 128,131 shares of the company’s stock, valued at $27,090,737.33. This represents a 3.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP John Page sold 15,000 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $213.48, for a total value of $3,202,200.00. Following the completion of the transaction, the senior vice president owned 21,393 shares in the company, valued at approximately $4,566,977.64. This represents a 41.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 79,037 shares of company stock valued at $15,826,902. Company insiders own 0.61% of the company’s stock.

Keysight Technologies Trading Down 2.5%

NYSE:KEYS opened at $208.70 on Friday. Keysight Technologies Inc. has a 12 month low of $121.43 and a 12 month high of $214.58. The company has a current ratio of 2.35, a quick ratio of 1.78 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $35.87 billion, a price-to-earnings ratio of 42.68, a PEG ratio of 2.28 and a beta of 1.19. The firm has a fifty day simple moving average of $182.04 and a two-hundred day simple moving average of $171.08.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Monday, November 24th. The scientific and technical instruments company reported $1.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.08. Keysight Technologies had a net margin of 15.71% and a return on equity of 19.30%. The company had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same quarter in the prior year, the firm earned $1.65 EPS. The business’s revenue was up 10.1% on a year-over-year basis. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. Analysts expect that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Keysight Technologies declared that its Board of Directors has initiated a share repurchase plan on Monday, November 24th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the scientific and technical instruments company to repurchase up to 4.9% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

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.