AlphaQuest LLC Purchases 3,208 Shares of Keysight Technologies Inc. $KEYS

Key Points

• AlphaQuest LLC significantly increased its position in Keysight Technologies Inc. by 237.8% in the first quarter, resulting in total holdings worth $683,000.
• Keysight Technologies reported a quarterly revenue of $1.35 billion, exceeding expectations, alongside an earnings per share (EPS) of $1.72, which also surpassed analyst estimates.
• Institutional investors currently hold 84.58% of Keysight Technologies' stock, indicating strong institutional interest in the company.

AlphaQuest LLC boosted its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 237.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,557 shares of the scientific and technical instruments company's stock after purchasing an additional 3,208 shares during the quarter. AlphaQuest LLC's holdings in Keysight Technologies were worth $683,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in KEYS. Central Pacific Bank Trust Division boosted its stake in Keysight Technologies by 97.8% during the 1st quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company's stock valued at $27,000 after purchasing an additional 90 shares during the period. Accent Capital Management LLC acquired a new position in Keysight Technologies in the 1st quarter valued at approximately $28,000. Manchester Capital Management LLC raised its holdings in Keysight Technologies by 85.0% in the 1st quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company's stock valued at $35,000 after acquiring an additional 108 shares in the last quarter. Zions Bancorporation National Association UT acquired a new position in Keysight Technologies in the 1st quarter valued at approximately $36,000. Finally, Private Trust Co. NA raised its holdings in Keysight Technologies by 39.9% in the 1st quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company's stock valued at $39,000 after acquiring an additional 75 shares in the last quarter. Institutional investors own 84.58% of the company's stock.

Wall Street Analyst Weigh In

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

Keysight Technologies Price Performance

KEYS stock traded down $3.12 during midday trading on Friday, reaching $163.42. 703,374 shares of the company's stock traded hands, compared to its average volume of 989,101. The company has a 50-day simple moving average of $163.68 and a two-hundred day simple moving average of $157.93. Keysight Technologies Inc. has a 1-year low of $121.43 and a 1-year high of $186.20. The company has a market cap of $28.13 billion, a price-to-earnings ratio of 52.04, a PEG ratio of 2.33 and a beta of 1.11. 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 released its quarterly earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share 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 firm 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 EPS. 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. On average, analysts anticipate that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 10,000 shares of the stock in a transaction 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 directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Neil Dougherty sold 12,215 shares of the stock in a transaction on Monday, June 30th. The shares were sold at an average price of $164.60, for a total value of $2,010,589.00. Following the completion of the transaction, the chief financial officer owned 115,228 shares in the company, valued at $18,966,528.80. The trade was a 9.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.61% of the company's stock.

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.