Handelsbanken Fonder AB lowered its holdings in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 3.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 99,283 shares of the scientific and technical instruments company’s stock after selling 3,756 shares during the period. Handelsbanken Fonder AB owned 0.06% of Keysight Technologies worth $34,756,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in the business. Cornerstone Planning Group LLC boosted its stake in Keysight Technologies by 36.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock worth $32,000 after buying an additional 30 shares during the last quarter. Quarry LP acquired a new position in shares of Keysight Technologies during the 4th quarter valued at about $25,000. Oslo Pensjonsforsikring AS purchased a new position in shares of Keysight Technologies during the 1st quarter worth about $44,000. Eastern Bank lifted its holdings in shares of Keysight Technologies by 79.0% during the 2nd quarter. Eastern Bank now owns 179 shares of the scientific and technical instruments company’s stock worth $63,000 after acquiring an additional 79 shares during the period. Finally, Western Wealth Management LLC acquired a new stake in shares of Keysight Technologies in the first quarter worth approximately $58,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other news, CEO Satish Dhanasekaran sold 507 shares of the firm’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $361.32, for a total value of $183,189.24. Following the transaction, the chief executive officer owned 121,391 shares of the company’s stock, valued at approximately $43,860,996.12. This trade represents a 0.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Cullen sold 3,000 shares of Keysight Technologies stock in a transaction on Tuesday, June 2nd. The shares were 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 in the company, valued at $7,562,722.18. The trade was a 12.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 5,507 shares of company stock valued at $1,904,669. Company insiders own 0.40% of the company’s stock.
Keysight Technologies Stock Up 2.6%
Keysight Technologies (NYSE:KEYS – Get Free Report) last posted its quarterly earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, beating the consensus estimate of $2.32 by $0.55. The firm had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.71 billion. Keysight Technologies had a net margin of 17.25% and a return on equity of 21.58%. Keysight Technologies’s revenue for the quarter was up 31.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.70 earnings per share. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. Equities analysts forecast that Keysight Technologies Inc. will post 9.03 earnings per share for the current year.
Wall Street Analysts Forecast Growth
KEYS has been the subject of a number of recent analyst reports. Wells Fargo & Company boosted their target price on shares of Keysight Technologies from $300.00 to $390.00 and gave the company an “overweight” rating in a report on Wednesday, May 20th. Zacks Research upgraded shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. boosted their price objective on shares of Keysight Technologies from $360.00 to $390.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. Susquehanna boosted their price objective on shares of Keysight Technologies from $415.00 to $425.00 and gave the company a “positive” rating in a research note on Wednesday, May 20th. Finally, Barclays upped their price objective on Keysight Technologies from $320.00 to $387.00 and gave the stock an “overweight” rating in a report on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Keysight Technologies has an average rating of “Moderate Buy” and an average price target of $371.92.
Read Our Latest Stock Report on KEYS
About Keysight Technologies
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.
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