Kornitzer Capital Management Inc. KS acquired a new position in Keysight Technologies Inc. (NYSE:KEYS – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,003 shares of the scientific and technical instruments company’s stock, valued at approximately $729,000.
Several other large investors have also added to or reduced their stakes in the business. Railway Pension Investments Ltd bought a new stake in Keysight Technologies during the second quarter worth about $36,099,000. Allworth Financial LP acquired a new position in Keysight Technologies during the second quarter valued at approximately $2,316,000. Findlay Park Partners LLP acquired a new position in Keysight Technologies during the second quarter valued at approximately $157,137,000. Citizens Financial Group Inc. RI boosted its position in Keysight Technologies by 54.8% during the third quarter. Citizens Financial Group Inc. RI now owns 4,798 shares of the scientific and technical instruments company’s stock valued at $1,747,000 after purchasing an additional 1,698 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in Keysight Technologies by 3.4% in the second quarter. Envestnet Asset Management Inc. now owns 382,082 shares of the scientific and technical instruments company’s stock valued at $133,755,000 after purchasing an additional 12,508 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts have weighed in on KEYS shares. Weiss Ratings raised Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 20th. The Goldman Sachs Group increased their price objective on Keysight Technologies from $452.00 to $487.00 and gave the company a “buy” rating in a report on Tuesday, October 6th. JPMorgan Chase & Co. raised their target price on shares of Keysight Technologies from $400.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, August 19th. Citigroup reissued a “buy” rating on shares of Keysight Technologies in a research note on Wednesday, August 19th. Finally, Wall Street Zen downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. Eleven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $401.42.
View Our Latest Report on KEYS
Insider Activity at Keysight Technologies
In related news, VP Lisa Poole sold 200 shares of the business’s stock in a transaction that occurred on Wednesday, September 23rd. The stock was sold at an average price of $348.01, for a total transaction of $69,602.00. Following the transaction, the vice president directly owned 6,134 shares of the company’s stock, valued at approximately $2,134,693.34. The trade was a 3.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jean Mcclung Nye sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $319.22, for a total value of $957,660.00. Following the transaction, the director directly owned 35,752 shares in the company, valued at $11,412,753.44. The trade was a 7.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 12,200 shares of company stock worth $4,082,752 in the last three months. 0.40% of the stock is owned by company insiders.
Keysight Technologies Stock Up 0.7%
Shares of KEYS stock opened at $291.08 on Wednesday. Keysight Technologies Inc. has a 52-week low of $167.23 and a 52-week high of $389.93. The stock has a market cap of $49.56 billion, a price-to-earnings ratio of 39.98, a PEG ratio of 0.72 and a beta of 1.20. The firm’s 50-day moving average is $336.16 and its 200-day moving average is $317.90. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.62 and a current ratio of 2.02.
Keysight Technologies (NYSE:KEYS – Get Free Report) last announced its quarterly earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share for the quarter, topping analysts’ consensus estimates of $2.48 by $0.59. The firm had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.75 billion. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%. The business’s revenue was up 36.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.72 earnings per share. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. Sell-side analysts predict that Keysight Technologies Inc. will post 10.33 EPS for the current year.
Keysight Technologies Company Profile
Keysight Technologies, Inc. develops electronic design, test and measurement solutions used to design, validate and monitor electronic systems. Its offerings include instruments, software and services that help customers evaluate the performance and reliability of products and networks. The company serves industries including communications, aerospace and defense, automotive, semiconductor and general electronics. Its solutions support work ranging from chip and device development to testing wireless networks, data centers and connected systems.
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