Allspring Global Investments Holdings LLC Raises Stock Holdings in Keysight Technologies Inc. $KEYS

Key Points

• Allspring Global Investments Holdings LLC has increased its stake in Keysight Technologies by 14.0%, owning 59,468 shares valued at approximately $9.78 million.
• Recent analyst reports have varied ratings for Keysight Technologies, with Bank of America raising the price target to $179.00 and a consensus rating of "Moderate Buy" from multiple analysts.
• In September, Ingrid A. Estrada, SVP of Keysight Technologies, sold 2,000 shares of the company, reducing her ownership by 1.84% to approximately $18.54 million.

Allspring Global Investments Holdings LLC lifted its stake in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 14.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 59,468 shares of the scientific and technical instruments company's stock after acquiring an additional 7,294 shares during the period. Allspring Global Investments Holdings LLC's holdings in Keysight Technologies were worth $9,781,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in KEYS. CWM LLC raised its stake in Keysight Technologies by 100.0% in the 2nd quarter. CWM LLC now owns 13,153 shares of the scientific and technical instruments company's stock valued at $2,155,000 after purchasing an additional 6,578 shares during the last quarter. OFI Invest Asset Management grew its holdings in shares of Keysight Technologies by 56.0% during the second quarter. OFI Invest Asset Management now owns 688 shares of the scientific and technical instruments company's stock worth $113,000 after buying an additional 247 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its position in shares of Keysight Technologies by 15.4% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 25,965 shares of the scientific and technical instruments company's stock valued at $4,255,000 after buying an additional 3,465 shares during the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of Keysight Technologies by 9.5% during the second quarter. Concurrent Investment Advisors LLC now owns 11,713 shares of the scientific and technical instruments company's stock valued at $1,919,000 after buying an additional 1,013 shares during the period. Finally, Aberdeen Group plc lifted its stake in shares of Keysight Technologies by 10.3% during the second quarter. Aberdeen Group plc now owns 175,415 shares of the scientific and technical instruments company's stock valued at $28,744,000 after buying an additional 16,347 shares during the period. Hedge funds and other institutional investors own 84.58% of the company's stock.

Wall Street Analyst Weigh In

KEYS has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Keysight Technologies in a research note on Wednesday, October 8th. Bank of America raised 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. Wall Street Zen upgraded shares of Keysight Technologies from a "buy" rating to a "strong-buy" rating in a report on Saturday. Barclays decreased their price target on shares of Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating on the stock in a report on Wednesday, August 20th. Finally, JPMorgan Chase & Co. upped 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. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $187.38.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the company's 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 sale, the senior vice president owned 106,590 shares of the company's stock, valued at $18,544,528.20. This represents a 1.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.61% of the stock is owned by insiders.

Keysight Technologies Price Performance

KEYS opened at $162.30 on Friday. Keysight Technologies Inc. has a 52-week low of $121.43 and a 52-week high of $186.20. The company has a 50 day moving average of $168.55 and a two-hundred day moving average of $159.99. The company has a market cap of $27.89 billion, a P/E ratio of 51.69, a P/E/G ratio of 2.26 and a beta of 1.18. The company has a quick ratio of 2.94, a current ratio of 3.59 and a debt-to-equity ratio of 0.45.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its earnings results 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. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the previous year, the business posted $1.57 EPS. The business's quarterly 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. On average, analysts expect that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

About Keysight Technologies

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.

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