Stanley Laman Group Ltd. Purchases New Position in Keysight Technologies Inc. $KEYS

Stanley Laman Group Ltd. acquired a new stake in Keysight Technologies Inc. (NYSE:KEYSFree Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,422 shares of the scientific and technical instruments company’s stock, valued at approximately $424,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of KEYS. Vanguard Group Inc. grew its stake in shares of Keysight Technologies by 1.7% in the second quarter. Vanguard Group Inc. now owns 21,326,774 shares of the scientific and technical instruments company’s stock valued at $3,494,605,000 after buying an additional 357,263 shares in the last quarter. State Street Corp boosted its holdings in Keysight Technologies by 0.7% in the 2nd quarter. State Street Corp now owns 7,973,742 shares of the scientific and technical instruments company’s stock worth $1,306,577,000 after acquiring an additional 55,358 shares during the period. Boston Partners grew its position in Keysight Technologies by 10.5% in the second quarter. Boston Partners now owns 4,709,540 shares of the scientific and technical instruments company’s stock valued at $771,359,000 after acquiring an additional 446,123 shares in the last quarter. Geode Capital Management LLC grew its position in Keysight Technologies by 0.9% in the second quarter. Geode Capital Management LLC now owns 4,575,953 shares of the scientific and technical instruments company’s stock valued at $747,437,000 after acquiring an additional 40,560 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Keysight Technologies during the second quarter valued at approximately $316,690,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on KEYS. Citigroup upped their target price 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. The Goldman Sachs Group reissued a “buy” rating and issued a $232.00 price objective on shares of Keysight Technologies in a research report on Tuesday, November 25th. UBS Group set a $230.00 target price on Keysight Technologies in a research report on Tuesday, November 25th. JPMorgan Chase & Co. raised their price objective on Keysight Technologies from $200.00 to $207.00 and gave the company an “overweight” rating in a research note on Tuesday, November 25th. Finally, Robert W. Baird set a $210.00 target price on Keysight Technologies in a research report on Wednesday, November 26th. Eight investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $218.82.

Check Out Our Latest Analysis on Keysight Technologies

Keysight Technologies Stock Performance

Shares of KEYS opened at $208.96 on Tuesday. The stock has a market capitalization of $35.90 billion, a PE ratio of 42.73, a price-to-earnings-growth ratio of 2.19 and a beta of 1.18. The business’s fifty day moving average price is $194.16 and its 200 day moving average price is $176.19. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.35 and a quick ratio of 1.78. Keysight Technologies Inc. has a 12-month low of $121.43 and a 12-month high of $214.58.

Keysight Technologies (NYSE:KEYSGet Free Report) last issued its earnings results on Monday, November 24th. The scientific and technical instruments company reported $1.91 earnings per share 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 period in the prior year, the company earned $1.65 earnings per share. The firm’s revenue was up 10.1% compared to the same quarter last year. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. Equities research analysts forecast that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Keysight Technologies declared that its board has approved a stock repurchase program on Monday, November 24th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the scientific and technical instruments company to buy up to 4.9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Insider Transactions at Keysight Technologies

In other news, SVP Jeffrey K. Li sold 3,934 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $200.84, for a total transaction of $790,104.56. Following the completion of the transaction, the senior vice president directly owned 36,699 shares of the company’s stock, valued at approximately $7,370,627.16. This represents a 9.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Ingrid A. Estrada sold 4,827 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $196.42, for a total value of $948,119.34. Following the sale, the senior vice president owned 110,079 shares in the company, valued at $21,621,717.18. The trade was a 4.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 78,784 shares of company stock valued at $15,841,737 over the last ninety days. Insiders own 0.61% of the company’s stock.

About Keysight Technologies

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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