Banque Transatlantique SA Buys 27,443 Shares of Keysight Technologies Inc. $KEYS

Key Points

• Banque Transatlantique SA significantly increased its holdings in Keysight Technologies by 2,222.1%, acquiring an additional 27,443 shares, bringing its total ownership to 28,678 shares valued at approximately $3.97 million.
• Keysight Technologies reported an earnings per share (EPS) of $1.72, exceeding analysts' expectations of $1.67, with a year-over-year revenue increase of 11.1%.
• Multiple analysts have raised their target prices for Keysight Technologies, with Morgan Stanley setting a new target at $180 and JPMorgan Chase increasing it to $200, reflecting a generally positive outlook on the stock's performance.

Banque Transatlantique SA increased its position in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 2,222.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,678 shares of the scientific and technical instruments company's stock after purchasing an additional 27,443 shares during the quarter. Banque Transatlantique SA's holdings in Keysight Technologies were worth $3,969,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Central Pacific Bank Trust Division lifted its position in Keysight Technologies by 97.8% in the first quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company's stock worth $27,000 after purchasing an additional 90 shares during the period. Accent Capital Management LLC bought a new position in Keysight Technologies in the first quarter worth $28,000. Manchester Capital Management LLC lifted its position in Keysight Technologies by 85.0% in the first quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company's stock worth $35,000 after purchasing an additional 108 shares during the period. Zions Bancorporation National Association UT bought a new position in Keysight Technologies in the first quarter worth $36,000. Finally, Private Trust Co. NA lifted its position in Keysight Technologies by 39.9% in the first quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company's stock worth $39,000 after purchasing an additional 75 shares during the period. 84.58% of the stock is owned by institutional investors.

Keysight Technologies Price Performance

Shares of NYSE:KEYS traded up $1.16 during midday trading on Friday, reaching $168.11. The company's stock had a trading volume of 957,194 shares, compared to its average volume of 1,040,006. The business's fifty day simple moving average is $163.92 and its 200-day simple moving average is $157.09. The company has a market capitalization of $28.89 billion, a P/E ratio of 53.54, a P/E/G ratio of 2.35 and a beta of 1.16. Keysight Technologies Inc. has a fifty-two week low of $121.43 and a fifty-two week high of $186.20. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its quarterly earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) 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 firm's quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the business earned $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. As a group, equities research analysts expect that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Insider Activity

In related news, CFO Neil Dougherty sold 12,215 shares of the firm's stock in a transaction dated 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 transaction, the chief financial officer owned 115,228 shares in the company, valued at $18,966,528.80. This trade represents a 9.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Ingrid A. Estrada sold 10,000 shares of the firm's stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $158.97, for a total value of $1,589,700.00. Following the completion of the transaction, the senior vice president owned 108,590 shares in the company, valued at approximately $17,262,552.30. This represents a 8.43% decrease in their position. The disclosure for this sale can be found here. 0.61% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have issued reports on KEYS. Bank of America increased their price objective on Keysight Technologies from $175.00 to $179.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 20th. Wall Street Zen upgraded Keysight Technologies from a "buy" rating to a "strong-buy" rating in a research note on Friday. Barclays dropped their price objective on Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating for the company in a research note on Wednesday, August 20th. Morgan Stanley increased their price objective on Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a research note on Tuesday, May 13th. Finally, JPMorgan Chase & Co. increased their price objective on Keysight Technologies from $177.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $187.38.

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.