Financiere des Professionnels Fonds d investissement inc. Takes $275,000 Position in Keysight Technologies Inc. $KEYS

Key Points

• Financiere des Professionnels Fonds d investissement inc. acquired 1,680 shares of Keysight Technologies, valued at approximately $275,000, as reported in their recent SEC filing.
• Keysight Technologies' CFO, Neil Dougherty, sold 12,215 shares for over $2 million, indicating a 9.58% decrease in his ownership of the stock.
• Wall Street analysts have a consensus target price of $187.38 for Keysight Technologies, with several firms raising their price targets and ratings recently.

Financiere des Professionnels Fonds d investissement inc. bought a new position in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,680 shares of the scientific and technical instruments company's stock, valued at approximately $275,000.

Several other hedge funds and other institutional investors have also bought and sold shares of KEYS. Praxis Investment Management Inc. grew its holdings in shares of Keysight Technologies by 45.8% during the first quarter. Praxis Investment Management Inc. now owns 6,371 shares of the scientific and technical instruments company's stock worth $954,000 after buying an additional 2,000 shares in the last quarter. Foyston Gordon & Payne Inc raised its position in shares of Keysight Technologies by 11.5% during the first quarter. Foyston Gordon & Payne Inc now owns 59,851 shares of the scientific and technical instruments company's stock worth $8,964,000 after purchasing an additional 6,186 shares during the period. GAMMA Investing LLC grew its holdings in Keysight Technologies by 142.8% during the first quarter. GAMMA Investing LLC now owns 5,012 shares of the scientific and technical instruments company's stock valued at $751,000 after purchasing an additional 2,948 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of Keysight Technologies by 3.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 52,174 shares of the scientific and technical instruments company's stock valued at $7,828,000 after acquiring an additional 1,635 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of Keysight Technologies by 19.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 12,730 shares of the scientific and technical instruments company's stock valued at $1,906,000 after acquiring an additional 2,106 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.

Keysight Technologies Price Performance

Shares of NYSE KEYS traded up $1.15 during trading on Friday, hitting $178.36. The company had a trading volume of 2,324,472 shares, compared to its average volume of 924,305. Keysight Technologies Inc. has a 52 week low of $121.43 and a 52 week high of $186.20. The company has a market cap of $30.65 billion, a P/E ratio of 29.50, a PEG ratio of 2.48 and a beta of 1.16. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.94 and a current ratio of 3.59. The business's 50-day moving average is $165.82 and its 200 day moving average is $157.62.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.05. The company had revenue of $1.35 billion during the quarter, compared to analysts' expectations of $1.32 billion. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.Keysight Technologies's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.57 earnings per share. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. Equities research analysts predict that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total value of $347,960.00. Following the completion of the transaction, the senior vice president directly owned 106,590 shares of the company's stock, valued at approximately $18,544,528.20. This trade represents a 1.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Neil Dougherty sold 12,215 shares of the business's stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $164.60, for a total transaction of $2,010,589.00. Following the completion of the transaction, the chief financial officer directly owned 115,228 shares in the company, valued at $18,966,528.80. This trade represents a 9.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 14,357 shares of company stock worth $2,383,195 in the last 90 days. Company insiders own 0.61% of the company's stock.

Analysts Set New Price Targets

A number of analysts have weighed in on KEYS shares. Barclays cut their target price on shares of Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 20th. Bank of America upped their price target on shares of Keysight Technologies from $175.00 to $179.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 20th. JPMorgan Chase & Co. boosted their price objective on Keysight Technologies from $177.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. Finally, Wall Street Zen downgraded Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, Keysight Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $187.38.

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.