Assenagon Asset Management S.A. Purchases 314,420 Shares of Keysight Technologies Inc. $KEYS

Key Points

• Assenagon Asset Management S.A. has significantly increased its stake in Keysight Technologies Inc. by 310.2%, totaling $68.13 million, with 415,782 shares as of the last quarter.
• The company's recent quarterly earnings report showed an EPS of $1.72, surpassing estimates and reflecting an 11.1% year-over-year revenue growth.
• Keysight Technologies has a current market cap of $30.65 billion and has received varied ratings from analysts, with a consensus price target of $187.38.

Assenagon Asset Management S.A. increased its stake in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 310.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 415,782 shares of the scientific and technical instruments company's stock after acquiring an additional 314,420 shares during the quarter. Assenagon Asset Management S.A. owned about 0.24% of Keysight Technologies worth $68,130,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. State of Wyoming grew its stake in Keysight Technologies by 63.5% in the fourth quarter. State of Wyoming now owns 1,030 shares of the scientific and technical instruments company's stock valued at $165,000 after acquiring an additional 400 shares during the period. Squarepoint Ops LLC increased its position in shares of Keysight Technologies by 366.9% during the 4th quarter. Squarepoint Ops LLC now owns 4,664 shares of the scientific and technical instruments company's stock valued at $749,000 after purchasing an additional 3,665 shares during the last quarter. Vident Advisory LLC boosted its holdings in Keysight Technologies by 24.2% during the 4th quarter. Vident Advisory LLC now owns 3,228 shares of the scientific and technical instruments company's stock valued at $519,000 after acquiring an additional 630 shares during the period. Waverly Advisors LLC purchased a new stake in Keysight Technologies during the 4th quarter valued at about $295,000. Finally, Sunbelt Securities Inc. boosted its holdings in Keysight Technologies by 241.8% during the 4th quarter. Sunbelt Securities Inc. now owns 270 shares of the scientific and technical instruments company's stock valued at $44,000 after acquiring an additional 191 shares during the period. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Stock Up 0.0%

Shares of KEYS stock traded up $0.07 during trading hours on Tuesday, reaching $177.89. 263,277 shares of the company's stock were exchanged, compared to its average volume of 986,337. The stock's 50 day moving average is $166.10 and its 200-day moving average is $157.77. The company has a market cap of $30.57 billion, a price-to-earnings ratio of 56.65, a P/E/G ratio of 2.48 and a beta of 1.16. The company has a current ratio of 3.59, a quick ratio of 2.94 and a debt-to-equity ratio of 0.45. Keysight Technologies Inc. has a fifty-two week low of $121.43 and a fifty-two week high of $186.20.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.67 by $0.05. The business had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.32 billion. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The business's quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.57 earnings per share. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. Analysts predict that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

KEYS has been the subject of a number of research analyst reports. Wall Street Zen cut Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Bank of America lifted their target price on Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a research report on Wednesday, August 20th. Barclays lowered their price objective on Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 20th. Finally, JPMorgan Chase & Co. boosted their price objective on Keysight Technologies from $177.00 to $200.00 and gave the company an "overweight" rating in a research report on Thursday, July 17th. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Keysight Technologies presently has an average rating of "Moderate Buy" and an average target price of $187.38.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total transaction of $347,960.00. Following the transaction, the senior vice president owned 106,590 shares of the company's stock, valued at $18,544,528.20. The trade was a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Neil Dougherty sold 12,215 shares of the company's stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $164.60, for a total transaction of $2,010,589.00. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 14,357 shares of company stock valued at $2,383,195. Insiders own 0.61% of the company's stock.

Keysight Technologies Company 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.