Allworth Financial LP Buys Shares of 6,616 Keysight Technologies Inc. $KEYS

Key Points

• Allworth Financial initiated a position in Keysight Technologies, buying 6,616 shares valued at approximately $2.3 million in the second quarter. Institutional investors collectively own 84.58% of the company.
• Keysight reported strong quarterly results, with EPS of $3.07 versus the $2.48 consensus and revenue of $1.85 billion, up 36.5% year over year. Management also issued upbeat fourth-quarter guidance, supported by demand tied to AI infrastructure, semiconductors and other technology markets.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $392.83, though the stock’s premium valuation and recent move below its 50-day moving average could limit near-term upside.

Allworth Financial LP purchased a new position in Keysight Technologies Inc. (NYSE:KEYS - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 6,616 shares of the scientific and technical instruments company's stock, valued at approximately $2,316,000.

Several other hedge funds have also bought and sold shares of KEYS. Quarry LP purchased a new stake in Keysight Technologies during the 4th quarter valued at about $25,000. IMG Wealth Management Inc. bought a new position in shares of Keysight Technologies in the second quarter worth approximately $29,000. Cornerstone Planning Group LLC increased its stake in shares of Keysight Technologies by 36.1% in the first 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 period. Virtus Advisers LLC bought a new stake in Keysight Technologies during the 2nd quarter valued at $35,000. Finally, Oslo Pensjonsforsikring AS purchased a new position in shares of Keysight Technologies in the first quarter valued at about $44,000. 84.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on KEYS. Wall Street Zen cut Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 1st. Truist Financial boosted their price objective on shares of Keysight Technologies from $376.00 to $400.00 and gave the company a "hold" rating in a research report on Wednesday. Weiss Ratings upgraded Keysight Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday. Citigroup reaffirmed a "buy" rating on shares of Keysight Technologies in a research report on Wednesday. Finally, Morgan Stanley increased their target price on Keysight Technologies from $400.00 to $425.00 and gave the stock an "overweight" rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Keysight Technologies currently has a consensus rating of "Moderate Buy" and a consensus target price of $392.83.

More Keysight Technologies News

Here are the key news stories impacting Keysight Technologies this week:

• Positive Sentiment: Strong results and raised outlook: Keysight reported fiscal third-quarter EPS of $3.07, well above the $2.48 consensus, while revenue reached $1.85 billion versus expectations of $1.75 billion. Revenue increased 36.5% year over year, and management issued upbeat fourth-quarter guidance. Keysight Technologies Gains Attention After Results Update
• Positive Sentiment: AI growth opportunity: Analysts view Keysight’s testing and measurement equipment as a potential durable beneficiary of AI data-center and networking investment, supporting the company’s raised outlook. Keysight Raised Its Outlook
• Positive Sentiment: Multiple growth drivers: Coverage highlights momentum in AI infrastructure, advanced semiconductors, 6G, automotive technology and energy-transition applications, particularly within Keysight’s Electronic Industrial Solutions Group. Keysight Focuses on AI Infrastructure Keysight Rides on EISG Strength
• Positive Sentiment: Analyst support: JPMorgan and Robert W. Baird commentary points to further price appreciation, reinforcing bullish sentiment following the earnings update. JPMorgan Forecasts Strong Price Appreciation Baird Analyst Expects Keysight Stock to Rise
• Neutral Sentiment: Additional analyst coverage remains focused on whether AI-related equipment demand can sustain Keysight’s growth, with broader market attention supporting visibility but not necessarily creating a new company-specific catalyst. Analyst Insights on Keysight Technologies
• Negative Sentiment: Valuation and technical factors could temper enthusiasm: KEYS trades at a forward-looking premium, and its recent retreat has left the shares below the 50-day moving average, potentially encouraging profit-taking despite strong fundamentals. Why Keysight Technologies Is in Focus

Keysight Technologies Price Performance

NYSE:KEYS opened at $315.95 on Friday. The business's 50-day simple moving average is $332.86 and its two-hundred day simple moving average is $315.34. Keysight Technologies Inc. has a 52 week low of $158.79 and a 52 week high of $374.96. The stock has a market cap of $54.00 billion, a PE ratio of 43.40, a P/E/G ratio of 1.80 and a beta of 1.22. The company has a quick ratio of 1.51, a current ratio of 2.02 and a debt-to-equity ratio of 0.28.

Keysight Technologies (NYSE:KEYS - Get Free Report) last released its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share for the quarter, topping analysts' consensus estimates of $2.48 by $0.59. The firm had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.75 billion. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%.The business's quarterly revenue was up 36.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.72 earnings per share. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. As a group, analysts forecast that Keysight Technologies Inc. will post 9.03 EPS for the current fiscal year.

Insider Activity

In related news, SVP Ingrid A. Estrada sold 2,000 shares of the firm's stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $340.87, for a total transaction of $681,740.00. Following the completion of the transaction, the senior vice president directly owned 105,861 shares of the company's stock, valued at approximately $36,084,839.07. This trade represents a 1.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Satish Dhanasekaran sold 507 shares of Keysight Technologies stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $361.32, for a total transaction of $183,189.24. Following the completion of the sale, the chief executive officer owned 121,391 shares in the company, valued at approximately $43,860,996.12. This represents a 0.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 5,507 shares of company stock worth $1,904,669 over the last quarter. Insiders own 0.40% of the company's stock.

Keysight Technologies Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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