QRG Capital Management Inc. Cuts Stake in Keysight Technologies Inc. $KEYS

QRG Capital Management Inc. lessened its stake in Keysight Technologies Inc. (NYSE:KEYS) by 29.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,358 shares of the scientific and technical instruments company’s stock after selling 7,352 shares during the quarter. QRG Capital Management Inc.’s holdings in Keysight Technologies were worth $3,036,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of KEYS. Paradiem LLC purchased a new stake in shares of Keysight Technologies in the third quarter valued at $979,000. Bank Julius Baer & Co. Ltd Zurich bought a new position in Keysight Technologies during the 2nd quarter valued at about $621,000. JPMorgan Chase & Co. raised its position in Keysight Technologies by 3.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,107,655 shares of the scientific and technical instruments company’s stock worth $181,507,000 after purchasing an additional 33,768 shares during the period. Fenimore Asset Management Inc lifted its stake in Keysight Technologies by 1.1% in the third quarter. Fenimore Asset Management Inc now owns 632,432 shares of the scientific and technical instruments company’s stock worth $110,625,000 after purchasing an additional 6,629 shares during the last quarter. Finally, Teacher Retirement System of Texas boosted its position in shares of Keysight Technologies by 17.9% during the second quarter. Teacher Retirement System of Texas now owns 67,236 shares of the scientific and technical instruments company’s stock valued at $11,017,000 after buying an additional 10,215 shares during the period. Institutional investors own 84.58% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on KEYS shares. Citigroup increased their price target on Keysight Technologies from $215.00 to $220.00 and gave the stock a “buy” rating in a report on Tuesday, November 25th. Weiss Ratings reiterated a “hold (c)” rating on shares of Keysight Technologies in a research note on Monday, December 29th. Morgan Stanley lifted their target price on Keysight Technologies from $208.00 to $227.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 17th. JPMorgan Chase & Co. upped their price target on shares of Keysight Technologies from $200.00 to $207.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. Finally, Wells Fargo & Company raised their price target on shares of Keysight Technologies from $190.00 to $225.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Keysight Technologies presently has an average rating of “Moderate Buy” and an average target price of $219.82.

Insider Activity

In related news, SVP John Page sold 15,000 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $213.48, for a total transaction of $3,202,200.00. Following the transaction, the senior vice president directly owned 21,393 shares of the company’s stock, valued at $4,566,977.64. This trade represents a 41.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Jeffrey K. Li sold 3,934 shares of the company’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $200.84, for a total value of $790,104.56. Following the sale, the senior vice president owned 36,699 shares of the company’s stock, valued at approximately $7,370,627.16. This represents a 9.68% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 78,784 shares of company stock valued at $15,841,737. 0.61% of the stock is currently owned by corporate insiders.

Keysight Technologies Price Performance

KEYS opened at $214.37 on Monday. The company has a market capitalization of $36.83 billion, a price-to-earnings ratio of 43.84, a PEG ratio of 2.27 and a beta of 1.18. The company has a current ratio of 2.35, a quick ratio of 1.78 and a debt-to-equity ratio of 0.43. Keysight Technologies Inc. has a 12-month low of $121.43 and a 12-month high of $218.15. The business’s fifty day simple moving average is $199.77 and its 200-day simple moving average is $179.18.

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 for the quarter, beating the consensus estimate of $1.83 by $0.08. Keysight Technologies had a return on equity of 19.30% and a net margin of 15.71%.The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same period in the previous year, the company posted $1.65 earnings per share. The firm’s quarterly 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. On average, equities research analysts anticipate that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Keysight Technologies announced that its board has approved a stock buyback plan 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 purchase up to 4.9% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board believes its stock is undervalued.

Keysight Technologies Company Profile

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.