Keysight Technologies Inc. $KEYS Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp trimmed its position in Keysight Technologies Inc. (NYSE:KEYS) by 4.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 959,518 shares of the scientific and technical instruments company’s stock after selling 41,086 shares during the period. Bank of New York Mellon Corp’s holdings in Keysight Technologies were worth $167,839,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of KEYS. Norges Bank acquired a new stake in shares of Keysight Technologies in the second quarter valued at $316,690,000. Allspring Global Investments Holdings LLC raised its position in Keysight Technologies by 2,290.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,421,437 shares of the scientific and technical instruments company’s stock worth $246,051,000 after acquiring an additional 1,361,969 shares in the last quarter. Man Group plc raised its position in Keysight Technologies by 164.3% in the second quarter. Man Group plc now owns 1,010,399 shares of the scientific and technical instruments company’s stock worth $165,564,000 after acquiring an additional 628,082 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Keysight Technologies by 2,004.8% in the 2nd quarter. AQR Capital Management LLC now owns 572,836 shares of the scientific and technical instruments company’s stock valued at $93,865,000 after acquiring an additional 545,620 shares during the last quarter. Finally, Boston Partners boosted its position in shares of Keysight Technologies by 10.5% during the 2nd quarter. Boston Partners now owns 4,709,540 shares of the scientific and technical instruments company’s stock valued at $771,359,000 after purchasing an additional 446,123 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Keysight Technologies

In other news, SVP John Page sold 15,000 shares of the company’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $213.48, for a total value of $3,202,200.00. Following the transaction, the senior vice president owned 21,393 shares in the company, valued at $4,566,977.64. This represents a 41.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Jeffrey K. Li sold 3,934 shares of the 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 sale, the senior vice president directly owned 36,699 shares of the company’s stock, valued at $7,370,627.16. This trade represents a 9.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 78,784 shares of company stock worth $15,841,737. Company insiders own 0.61% of the company’s stock.

Keysight Technologies Price Performance

Shares of NYSE:KEYS opened at $216.42 on Friday. The company’s fifty day moving average is $207.53 and its two-hundred day moving average is $182.69. The company has a market cap of $37.12 billion, a P/E ratio of 44.26, a price-to-earnings-growth ratio of 2.32 and a beta of 1.18. Keysight Technologies Inc. has a 12-month low of $121.43 and a 12-month high of $225.00. The company has a quick ratio of 1.78, a current ratio of 2.35 and a debt-to-equity ratio of 0.43.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Monday, November 24th. The scientific and technical instruments company reported $1.91 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.08. The business had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.39 billion. Keysight Technologies had a return on equity of 19.30% and a net margin of 15.71%.Keysight Technologies’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.65 earnings per share. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. Equities analysts expect that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Keysight Technologies declared that its board has approved a stock repurchase plan on Monday, November 24th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the scientific and technical instruments company to purchase up to 4.9% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of analysts recently commented on KEYS shares. Jefferies Financial Group boosted their target price on shares of Keysight Technologies from $195.00 to $220.00 and gave the stock a “hold” rating in a report on Wednesday, December 10th. JPMorgan Chase & Co. upped their price target on Keysight Technologies from $200.00 to $207.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. Morgan Stanley increased their price objective on Keysight Technologies from $208.00 to $227.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 17th. Citigroup lifted their target price on Keysight Technologies from $215.00 to $220.00 and gave the stock a “buy” rating in a report 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 research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $219.82.

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.