Aigen Investment Management LP Buys Shares of 6,262 Keysight Technologies Inc. $KEYS

Key Points

• Aigen Investment Management initiated a new position in Keysight Technologies, buying 6,262 shares worth about $1.27 million in the fourth quarter.
• Several other large investors also boosted or opened stakes in the company, and institutional holders now own 84.58% of Keysight’s stock.
• Analysts remain generally upbeat: Keysight carries a Moderate Buy consensus with an average price target of $371.92, while the company recently beat earnings expectations and reported 31.5% revenue growth year over year.

Aigen Investment Management LP bought a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,262 shares of the scientific and technical instruments company's stock, valued at approximately $1,272,000.

A number of other hedge funds have also made changes to their positions in the company. Norges Bank purchased a new stake in shares of Keysight Technologies in the fourth quarter valued at approximately $435,542,000. Woodline Partners LP purchased a new stake in shares of Keysight Technologies in the third quarter valued at approximately $208,891,000. M&T Bank Corp grew its position in shares of Keysight Technologies by 9,349.0% in the fourth quarter. M&T Bank Corp now owns 1,048,176 shares of the scientific and technical instruments company's stock valued at $212,979,000 after purchasing an additional 1,037,083 shares in the last quarter. Man Group plc grew its position in shares of 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 valued at $165,564,000 after purchasing an additional 628,082 shares in the last quarter. Finally, AQR Capital Management LLC grew its position in shares of Keysight Technologies by 2,004.8% in the second 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 purchasing an additional 545,620 shares in 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 analyst reports. Wall Street Zen upgraded Keysight Technologies from a "hold" rating to a "buy" rating in a research report on Saturday, February 28th. Susquehanna upped their price target on Keysight Technologies from $415.00 to $425.00 and gave the company a "positive" rating in a research report on Wednesday, May 20th. The Goldman Sachs Group reiterated a "buy" rating on shares of Keysight Technologies in a research report on Wednesday, May 20th. Robert W. Baird raised their price target on Keysight Technologies from $375.00 to $385.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 20th. Finally, JPMorgan Chase & Co. raised their price target on Keysight Technologies from $360.00 to $390.00 and gave the stock an "overweight" rating in a research report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $371.92.

Keysight Technologies Stock Up 2.9%

Keysight Technologies stock opened at $349.99 on Friday. Keysight Technologies Inc. has a 1-year low of $152.85 and a 1-year high of $370.17. 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 stock has a market cap of $59.81 billion, a PE ratio of 57.56, a P/E/G ratio of 2.00 and a beta of 1.22. The stock's fifty day moving average is $338.15 and its two-hundred day moving average is $271.52.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, topping analysts' consensus estimates of $2.32 by $0.55. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The business had revenue of $1.72 billion for the quarter, compared to analysts' expectations of $1.71 billion. During the same quarter in the previous year, the firm earned $1.70 earnings per share. The business's revenue was up 31.5% compared to the same quarter last year. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, sell-side analysts expect that Keysight Technologies Inc. will post 9.03 EPS for the current fiscal year.

Insider Buying and Selling

In other Keysight Technologies news, Director James Cullen sold 3,000 shares of the business's 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 sale, the director directly owned 21,821 shares in the company, valued at approximately $7,562,722.18. The trade was a 12.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Satish Dhanasekaran sold 1,667 shares of the company's stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $300.00, for a total value of $500,100.00. Following the completion of the sale, the chief executive officer directly owned 122,398 shares in the company, valued at approximately $36,719,400. The trade was a 1.34% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 40,334 shares of company stock worth $11,793,190 in the last three months. Company insiders own 0.40% of the company's stock.

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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