Graham Capital Management L.P. Invests $2.76 Million in Keysight Technologies Inc. $KEYS

Key Points

• Graham Capital Management L.P. has acquired 18,437 shares of Keysight Technologies Inc. valued at approximately $2.76 million, representing a new position in the company.
• Keysight Technologies reported a 12-month high stock price of $186.20 and earnings of $1.72 per share for the last quarter, surpassing analyst estimates.
• Brokerages have shown mixed sentiments, with Barclays lowering their price target on Keysight Technologies to $195, while JPMorgan Chase & Co. raised it to $200, indicating a strong but varied outlook among analysts.

Graham Capital Management L.P. purchased a new position in Keysight Technologies Inc. (NYSE:KEYS - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 18,437 shares of the scientific and technical instruments company's stock, valued at approximately $2,761,000.

Several other large investors also recently modified their holdings of the business. Central Pacific Bank Trust Division grew its holdings in shares of Keysight Technologies by 97.8% during the first quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company's stock worth $27,000 after buying an additional 90 shares in the last quarter. Accent Capital Management LLC bought a new position in shares of Keysight Technologies during the first quarter worth about $28,000. Manchester Capital Management LLC grew its holdings in shares of Keysight Technologies by 85.0% during the first quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company's stock worth $35,000 after buying an additional 108 shares in the last quarter. Zions Bancorporation National Association UT bought a new position in shares of Keysight Technologies during the first quarter worth about $36,000. Finally, Private Trust Co. NA grew its holdings in shares of Keysight Technologies by 39.9% during the first quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company's stock worth $39,000 after buying an additional 75 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Bank of America increased their price objective on Keysight Technologies from $175.00 to $179.00 and gave the stock a "neutral" rating in a report on Wednesday, August 20th. JPMorgan Chase & Co. increased their price objective on Keysight Technologies from $177.00 to $200.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Barclays decreased their price objective on Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating for the company in a report on Wednesday, August 20th. Finally, Morgan Stanley increased their price objective on Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a report on Tuesday, May 13th. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $187.38.

Keysight Technologies Stock Up 0.9%

NYSE KEYS traded up $1.52 during trading hours on Thursday, hitting $166.84. 816,460 shares of the company traded hands, compared to its average volume of 989,837. Keysight Technologies Inc. has a twelve month low of $121.43 and a twelve month high of $186.20. The stock has a market capitalization of $28.72 billion, a price-to-earnings ratio of 53.14, a P/E/G ratio of 2.29 and a beta of 1.16. The business's 50-day moving average is $163.81 and its 200-day moving average is $157.51. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.94 and a current ratio of 3.59.

Keysight Technologies (NYSE:KEYS - Get Free Report) last released its quarterly earnings data 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 company had revenue of $1.35 billion during the quarter, compared to analysts' expectations of $1.32 billion. During the same period last year, the firm posted $1.57 earnings per share. The business'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. Sell-side analysts anticipate that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

Insider Buying and Selling

In other news, CFO Neil Dougherty sold 12,215 shares of the stock in a transaction that occurred on 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 transaction, the chief financial officer owned 115,228 shares in the company, valued at approximately $18,966,528.80. This trade represents a 9.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Ingrid A. Estrada sold 10,000 shares of the stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $158.97, for a total value of $1,589,700.00. Following the transaction, the senior vice president owned 108,590 shares in the company, valued at approximately $17,262,552.30. This trade represents a 8.43% decrease in their position. The disclosure for this sale can be found here. 0.61% of the stock is currently owned by company insiders.

Keysight Technologies Company 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.