Amundi Has $726.96 Million Stake in Keysight Technologies Inc. $KEYS

Key Points

• Amundi reduced its Keysight Technologies stake by 6.6% in the second quarter, selling 147,654 shares but retaining 2.08 million shares worth approximately $727 million, or 1.22% of the company.
• Keysight reported strong quarterly results, with EPS of $3.07 and revenue of $1.85 billion, beating estimates and marking 36.5% year-over-year revenue growth.
• Wall Street remains broadly positive: analysts have an average “Moderate Buy” rating and a $392.83 price target, while several firms recently raised their targets to between $410 and $440.

Amundi reduced its stake in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 6.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,076,610 shares of the scientific and technical instruments company's stock after selling 147,654 shares during the period. Amundi owned 1.22% of Keysight Technologies worth $726,959,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in KEYS. Allworth Financial LP bought a new position in shares of Keysight Technologies in the second quarter valued at approximately $2,316,000. Findlay Park Partners LLP bought a new stake in shares of Keysight Technologies during the 2nd quarter worth $157,137,000. Oppenheimer Asset Management Inc. bought a new stake in shares of Keysight Technologies during the 2nd quarter worth $11,917,000. Jefferies Financial Group Inc. acquired a new position in Keysight Technologies in the 4th quarter valued at $9,739,000. Finally, Private Advisory Group LLC acquired a new position in Keysight Technologies in the 2nd quarter valued at $2,050,000. Institutional investors and hedge funds own 84.58% of the company's stock.

Keysight Technologies Stock Performance

NYSE KEYS opened at $326.79 on Monday. The company's fifty day moving average is $325.95 and its two-hundred day moving average is $322.37. Keysight Technologies Inc. has a 52-week low of $158.79 and a 52-week high of $374.96. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.02 and a quick ratio of 1.62. The firm has a market capitalization of $55.63 billion, a price-to-earnings ratio of 44.89, a P/E/G ratio of 1.63 and a beta of 1.21.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, beating analysts' consensus estimates of $2.48 by $0.59. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The business had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.75 billion. During the same quarter in the prior year, the business earned $1.72 earnings per share. The firm's revenue for the quarter was up 36.5% on a year-over-year basis. 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. Equities research analysts forecast that Keysight Technologies Inc. will post 10.33 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on KEYS shares. JPMorgan Chase & Co. boosted their target price on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 19th. UBS Group raised their price target on Keysight Technologies from $420.00 to $440.00 and gave the company a "buy" rating in a research report on Wednesday, August 19th. Robert W. Baird lifted their price objective on Keysight Technologies from $385.00 to $410.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 19th. Wall Street Zen cut Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 1st. Finally, Susquehanna increased their target price on Keysight Technologies from $425.00 to $440.00 and gave the company a "positive" rating in a research note on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Keysight Technologies presently has an average rating of "Moderate Buy" and an average price target of $392.83.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the business's stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $314.66, for a total value of $629,320.00. Following the sale, the senior vice president owned 103,861 shares of the company's stock, valued at $32,680,902.26. The trade was a 1.89% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Satish Dhanasekaran sold 507 shares of the 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 transaction, the chief executive officer owned 121,391 shares of the company's stock, valued at approximately $43,860,996.12. This represents a 0.42% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 7,507 shares of company stock worth $2,451,909. 0.40% of the stock is currently owned by company insiders.

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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