Bessemer Group Inc. Trims Stake in Keysight Technologies Inc. $KEYS

Bessemer Group Inc. reduced its position in shares of Keysight Technologies Inc. (NYSE:KEYSFree Report) by 15.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,036,110 shares of the scientific and technical instruments company’s stock after selling 191,684 shares during the period. Bessemer Group Inc.’s holdings in Keysight Technologies were worth $292,565,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Quarry LP bought a new stake in Keysight Technologies during the fourth quarter valued at $25,000. Entrust Financial LLC purchased a new position in Keysight Technologies during the fourth quarter worth about $45,000. DV Equities LLC bought a new position in Keysight Technologies in the 4th quarter worth about $49,000. Atlantic Edge Private Wealth Management LLC increased its stake in Keysight Technologies by 497.7% in the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 257 shares of the scientific and technical instruments company’s stock worth $52,000 after acquiring an additional 214 shares during the last quarter. Finally, Atlas Capital Advisors Inc. purchased a new stake in shares of Keysight Technologies in the 4th quarter valued at about $57,000. Institutional investors own 84.58% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. JPMorgan Chase & Co. lifted their price target on Keysight Technologies from $360.00 to $390.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. Zacks Research upgraded shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Robert W. Baird raised their target price on shares of Keysight Technologies from $375.00 to $385.00 and gave the company an “outperform” rating in a research note on Wednesday, May 20th. Susquehanna lifted their target price on shares of Keysight Technologies from $415.00 to $425.00 and gave the company a “positive” rating in a research report on Wednesday, May 20th. Finally, Wells Fargo & Company boosted their price target on shares of Keysight Technologies from $300.00 to $390.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $371.92.

Get Our Latest Analysis on KEYS

Insiders Place Their Bets

In other news, Director James Cullen sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total transaction of $1,039,740.00. Following the transaction, the director directly owned 21,821 shares of the company’s stock, valued at approximately $7,562,722.18. This trade represents a 12.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Satish Dhanasekaran sold 507 shares of Keysight Technologies stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $361.32, for a total value of $183,189.24. Following the completion of the transaction, the chief executive officer owned 121,391 shares in the company, valued at approximately $43,860,996.12. This represents a 0.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 5,507 shares of company stock valued at $1,904,669 over the last three months. Insiders own 0.40% of the company’s stock.

Keysight Technologies Trading Down 3.1%

KEYS stock opened at $312.60 on Friday. The company has a market capitalization of $53.42 billion, a PE ratio of 51.41, a price-to-earnings-growth ratio of 1.84 and a beta of 1.21. Keysight Technologies Inc. has a one year low of $152.85 and a one year high of $374.96. The company’s 50 day moving average price is $341.24 and its two-hundred day moving average price is $294.58. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.51 and a current ratio of 1.90.

Keysight Technologies (NYSE:KEYSGet Free Report) last announced its quarterly earnings data on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share for the quarter, topping analysts’ consensus estimates of $2.32 by $0.55. Keysight Technologies had a net margin of 17.25% and a return on equity of 21.58%. The firm had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.71 billion. During the same period in the previous year, the business posted $1.70 EPS. The business’s quarterly revenue was up 31.5% on a year-over-year basis. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. As a group, analysts predict that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.

Keysight Technologies Company Profile

(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.

Further Reading

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

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