Bessemer Group Inc. lessened its stake in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 0.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,433,680 shares of the scientific and technical instruments company’s stock after selling 7,093 shares during the period. Bessemer Group Inc. owned 0.83% of Keysight Technologies worth $234,921,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of KEYS. Price T Rowe Associates Inc. MD raised its position in Keysight Technologies by 16.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 18,790,100 shares of the scientific and technical instruments company’s stock worth $2,814,195,000 after purchasing an additional 2,675,148 shares during the last quarter. Victory Capital Management Inc. raised its position in Keysight Technologies by 1,224.5% in the 1st quarter. Victory Capital Management Inc. now owns 1,991,884 shares of the scientific and technical instruments company’s stock worth $298,324,000 after purchasing an additional 1,841,494 shares during the last quarter. Assenagon Asset Management S.A. raised its position in Keysight Technologies by 310.2% in the 2nd quarter. Assenagon Asset Management S.A. now owns 415,782 shares of the scientific and technical instruments company’s stock worth $68,130,000 after purchasing an additional 314,420 shares during the last quarter. ANTIPODES PARTNERS Ltd raised its position in Keysight Technologies by 49.4% in the 1st quarter. ANTIPODES PARTNERS Ltd now owns 935,490 shares of the scientific and technical instruments company’s stock worth $140,120,000 after purchasing an additional 309,345 shares during the last quarter. Finally, Boston Partners raised its position in shares of Keysight Technologies by 7.7% during the 1st quarter. Boston Partners now owns 4,263,417 shares of the scientific and technical instruments company’s stock valued at $636,854,000 after acquiring an additional 305,143 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.
Analysts Set New Price Targets
Several analysts have commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Keysight Technologies in a research report on Saturday. Bank of America upped their target price on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a research report on Wednesday, August 20th. Morgan Stanley reiterated an “equal weight” rating and set a $180.00 target price on shares of Keysight Technologies in a research report on Friday, October 10th. Wall Street Zen upgraded shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 18th. Finally, Barclays dropped their target price on shares of Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a research report on Wednesday, August 20th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $187.38.
Keysight Technologies Stock Up 0.7%
NYSE:KEYS opened at $169.49 on Monday. Keysight Technologies Inc. has a 1 year low of $121.43 and a 1 year high of $186.20. The company has a current ratio of 3.59, a quick ratio of 2.94 and a debt-to-equity ratio of 0.45. The stock has a market cap of $29.13 billion, a price-to-earnings ratio of 53.98, a PEG ratio of 2.36 and a beta of 1.18. The stock has a 50-day moving average price of $168.71 and a two-hundred day moving average price of $161.42.
Keysight Technologies (NYSE:KEYS – Get Free Report) last posted its earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.05. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the previous year, the firm earned $1.57 earnings per share. The company’s revenue was up 11.1% on a year-over-year basis. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. As a group, equities analysts expect that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.
Insider Transactions at Keysight Technologies
In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total transaction of $347,960.00. Following the completion of the transaction, the senior vice president owned 106,590 shares in the company, valued at approximately $18,544,528.20. This represents a 1.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.61% of the company’s stock.
Keysight Technologies Profile
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.
Recommended Stories
- Five stocks we like better than Keysight Technologies
- What Are Dividends? Buy the Best Dividend Stocks
- PulteGroup Is Down But Not Out—Here’s What Wall Street Missed
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Cleveland-Cliffs Breaks to New Highs on Earnings, More Upside?
- What is a Dividend King?
- Is Landstar the Next Big Winner in Transportation Stocks?
Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies Inc. (NYSE:KEYS – Free Report).
Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
