Styrax Capital LP Invests $70.59 Million in Keysight Technologies Inc. $KEYS

Styrax Capital LP acquired a new position in Keysight Technologies Inc. (NYSE:KEYS) during the 1st quarter, HoldingsChannel reports. The fund acquired 250,000 shares of the scientific and technical instruments company’s stock, valued at approximately $70,592,000. Keysight Technologies accounts for approximately 4.9% of Styrax Capital LP’s holdings, making the stock its 11th biggest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. OMERS ADMINISTRATION Corp boosted its position in Keysight Technologies by 15.7% during the first quarter. OMERS ADMINISTRATION Corp now owns 18,514 shares of the scientific and technical instruments company’s stock worth $5,228,000 after purchasing an additional 2,509 shares in the last quarter. Lombard Odier Asset Management Switzerland SA purchased a new stake in Keysight Technologies during the 1st quarter worth approximately $1,052,000. Waverly Advisors LLC increased its position in shares of Keysight Technologies by 16.8% during the first quarter. Waverly Advisors LLC now owns 3,009 shares of the scientific and technical instruments company’s stock worth $850,000 after purchasing an additional 432 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of Keysight Technologies by 58.6% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 10,776 shares of the scientific and technical instruments company’s stock worth $3,043,000 after buying an additional 3,983 shares in the last quarter. Finally, Dai ichi Life Insurance Company Ltd raised its holdings in Keysight Technologies by 7.8% in the 1st quarter. Dai ichi Life Insurance Company Ltd now owns 7,413 shares of the scientific and technical instruments company’s stock valued at $2,093,000 after acquiring an additional 536 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

KEYS has been the subject of a number of recent research reports. Truist Financial raised their target price on Keysight Technologies from $310.00 to $376.00 and gave the stock a “hold” rating in a research note on Thursday, May 21st. UBS Group upped their price objective on Keysight Technologies from $340.00 to $420.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Weiss Ratings upgraded Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, July 13th. JPMorgan Chase & Co. raised their target price on Keysight Technologies from $360.00 to $390.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $371.92.

Insiders Place Their Bets

In other Keysight Technologies news, Director James Cullen sold 3,000 shares of Keysight Technologies stock in a transaction that occurred on 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 owned 21,821 shares of the company’s stock, valued at $7,562,722.18. The trade was a 12.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Satish Dhanasekaran sold 507 shares of Keysight Technologies stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $361.32, for a total transaction of $183,189.24. Following the completion of the transaction, the chief executive officer directly owned 121,391 shares in the company, valued at $43,860,996.12. The trade was a 0.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 5,507 shares of company stock valued at $1,904,669 over the last quarter. Company insiders own 0.40% of the company’s stock.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $319.22 on Monday. Keysight Technologies Inc. has a 12 month low of $152.85 and a 12 month high of $374.96. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.90 and a quick ratio of 1.51. The firm has a market capitalization of $54.55 billion, a PE ratio of 52.50, a price-to-earnings-growth ratio of 1.81 and a beta of 1.21. The business’s fifty day moving average price is $336.66 and its 200 day moving average price is $299.48.

Keysight Technologies (NYSE:KEYS) last released 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 company had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same quarter last year, the company earned $1.70 earnings per share. The firm’s revenue for the quarter was up 31.5% on a year-over-year basis. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, sell-side analysts anticipate that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.

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.