Ariel Investments LLC Sells 5,882 Shares of Keysight Technologies Inc. $KEYS

Key Points

• Ariel Investments LLC has reduced its stake in Keysight Technologies by 2.0%, holding approximately $42.14 million worth of shares after selling 5,882 shares.
• Keysight Technologies reported earnings per share of $1.72 for the last quarter, surpassing expectations and indicating 11.1% year-over-year revenue growth.
• Institutional investors own 84.58% of Keysight Technologies' stock, with notable increases in stakes from several funds, including a 16.6% increase by Price T. Rowe Associates.

Ariel Investments LLC lowered its position in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 2.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 281,354 shares of the scientific and technical instruments company's stock after selling 5,882 shares during the period. Ariel Investments LLC owned about 0.16% of Keysight Technologies worth $42,138,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD increased its holdings in shares of Keysight Technologies by 16.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 18,790,100 shares of the scientific and technical instruments company's stock worth $2,814,195,000 after buying an additional 2,675,148 shares during the period. Victory Capital Management Inc. increased its holdings in shares of Keysight Technologies by 1,224.5% in the first quarter. Victory Capital Management Inc. now owns 1,991,884 shares of the scientific and technical instruments company's stock worth $298,324,000 after buying an additional 1,841,494 shares during the period. Point72 Asset Management L.P. increased its holdings in shares of Keysight Technologies by 343.6% in the fourth quarter. Point72 Asset Management L.P. now owns 1,008,192 shares of the scientific and technical instruments company's stock worth $161,946,000 after buying an additional 780,893 shares during the period. GAMMA Investing LLC increased its holdings in shares of Keysight Technologies by 36,268.6% in the first quarter. GAMMA Investing LLC now owns 750,647 shares of the scientific and technical instruments company's stock worth $112,424,000 after buying an additional 748,583 shares during the period. Finally, ANTIPODES PARTNERS Ltd increased its holdings in shares of Keysight Technologies by 49.4% in the first quarter. ANTIPODES PARTNERS Ltd now owns 935,490 shares of the scientific and technical instruments company's stock worth $140,120,000 after buying an additional 309,345 shares during the period. Institutional investors own 84.58% of the company's stock.

Keysight Technologies Stock Up 0.7%

Keysight Technologies stock traded up $1.16 during trading hours on Friday, hitting $168.11. 957,194 shares of the stock traded hands, compared to its average volume of 1,040,006. The firm's 50-day moving average price is $163.92 and its two-hundred day moving average price is $157.09. The company has a current ratio of 3.59, a quick ratio of 2.94 and a debt-to-equity ratio of 0.45. The company has a market cap of $28.89 billion, a PE ratio of 53.54, a PEG ratio of 2.35 and a beta of 1.16. Keysight Technologies Inc. has a one year low of $121.43 and a one year high of $186.20.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $1.35 billion for the quarter, compared to analysts' expectations of $1.32 billion. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The business's revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.57 EPS. 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, research analysts forecast that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Insider Buying and Selling

In other news, CFO Neil Dougherty sold 12,215 shares of the business's stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $164.60, for a total value of $2,010,589.00. Following the sale, the chief financial officer directly owned 115,228 shares of the company's stock, valued at $18,966,528.80. The trade was a 9.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Ingrid A. Estrada sold 10,000 shares of the business's stock in a transaction that occurred 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 completion of the sale, the senior vice president directly owned 108,590 shares in the company, valued at approximately $17,262,552.30. This represents a 8.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.61% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on KEYS. Morgan Stanley lifted their price objective on Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a report on Tuesday, May 13th. Barclays reduced their price target on Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating on the stock in a report on Wednesday, August 20th. Wall Street Zen upgraded Keysight Technologies from a "buy" rating to a "strong-buy" rating in a report on Friday. JPMorgan Chase & Co. boosted their price target on Keysight Technologies from $177.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. Finally, Bank of America boosted their price target on Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a report on Wednesday, August 20th. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $187.38.

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.