Assenagon Asset Management S.A. Acquires 235,362 Shares of Keysight Technologies Inc. $KEYS

Key Points

• Assenagon Asset Management increased its Keysight Technologies stake by 68.6% in the second quarter, purchasing 235,362 additional shares to hold 578,386 shares worth approximately $202.5 million. Institutional investors collectively own 84.58% of the company.
• Keysight reported quarterly adjusted earnings of $2.87 per share, beating estimates of $2.32, while revenue rose 31.5% year over year to $1.72 billion. The company issued third-quarter 2026 EPS guidance of $2.43–$2.49.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $371.92; however, insiders sold 5,507 shares worth about $1.9 million over the past three months.

Assenagon Asset Management S.A. lifted its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 68.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 578,386 shares of the scientific and technical instruments company's stock after purchasing an additional 235,362 shares during the period. Assenagon Asset Management S.A. owned 0.34% of Keysight Technologies worth $202,476,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Quarry LP bought a new position in Keysight Technologies during the 4th quarter worth $25,000. Cornerstone Planning Group LLC lifted its holdings in Keysight Technologies by 36.1% during the 1st 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. Oslo Pensjonsforsikring AS bought a new stake in shares of Keysight Technologies in the 1st quarter valued at about $44,000. Entrust Financial LLC bought a new stake in shares of Keysight Technologies in the 4th quarter valued at about $45,000. Finally, DV Equities LLC acquired a new stake in shares of Keysight Technologies in the fourth quarter valued at about $49,000. Institutional investors and hedge funds own 84.58% of the company's stock.

Insiders Place Their Bets

In other Keysight Technologies news, Director James Cullen sold 3,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total transaction of $1,039,740.00. Following the transaction, the director directly owned 21,821 shares in the company, valued at approximately $7,562,722.18. This represents a 12.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Satish Dhanasekaran sold 507 shares of the firm's stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $361.32, for a total transaction of $183,189.24. Following the sale, the chief executive officer directly owned 121,391 shares of the company's stock, valued at approximately $43,860,996.12. This trade 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 three months, insiders have sold 5,507 shares of company stock worth $1,904,669. Corporate insiders own 0.40% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on KEYS. Morgan Stanley raised their price objective on Keysight Technologies from $305.00 to $350.00 and gave the stock an "equal weight" rating in a research report on Wednesday, May 20th. Barclays upped their target price on Keysight Technologies from $320.00 to $387.00 and gave the company an "overweight" rating in a report on Wednesday, May 20th. Robert W. Baird increased their target price on shares of Keysight Technologies from $375.00 to $385.00 and gave the company an "outperform" rating in a research report on Wednesday, May 20th. Zacks Research upgraded shares of Keysight Technologies from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 29th. Finally, Susquehanna boosted their price target on shares of Keysight Technologies from $415.00 to $425.00 and gave the stock a "positive" rating in a research report on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $371.92.

Keysight Technologies Stock Performance

KEYS stock opened at $337.28 on Friday. The firm has a market cap of $57.64 billion, a PE ratio of 55.47, a price-to-earnings-growth ratio of 1.91 and a beta of 1.22. The company has a current ratio of 1.90, a quick ratio of 1.51 and a debt-to-equity ratio of 0.29. The stock has a 50-day moving average price of $332.38 and a 200-day moving average price of $306.45. Keysight Technologies Inc. has a 1-year low of $152.85 and a 1-year high of $374.96.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, beating the consensus estimate of $2.32 by $0.55. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The company had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same quarter in the prior year, the company earned $1.70 EPS. The firm's revenue for the quarter was up 31.5% compared to the same quarter last year. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. As a group, equities research analysts expect that Keysight Technologies Inc. will post 9.03 earnings per share for the current year.

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.

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