Blue Jean Financial LLC Acquires 14,518 Shares of Keysight Technologies Inc. $KEYS

Key Points

• Blue Jean Financial LLC acquired 14,518 Keysight Technologies shares worth approximately $5.3 million, making KEYS its fifth-largest holding and representing about 3.2% of its portfolio.
• Institutional ownership remains high at 84.58%, with major investors including BlackRock, State Street, Amundi, Allspring, and Legal & General increasing or initiating positions.
• Analysts maintain a generally bullish outlook, with a consensus “Moderate Buy” rating and an average price target of $401.42. Keysight also exceeded quarterly estimates, reporting $3.07 in EPS and $1.85 billion in revenue, up 36.5% year over year.

Blue Jean Financial LLC acquired a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 14,518 shares of the scientific and technical instruments company's stock, valued at approximately $5,285,000. Keysight Technologies makes up approximately 3.2% of Blue Jean Financial LLC's holdings, making the stock its 5th biggest position.

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new position in Keysight Technologies in the second quarter valued at $7,030,806,000. State Street Corp raised its position in Keysight Technologies by 3.4% during the second quarter. State Street Corp now owns 8,270,708 shares of the scientific and technical instruments company's stock valued at $2,895,327,000 after purchasing an additional 273,042 shares in the last quarter. Amundi raised its position in Keysight Technologies by 12.1% during the first quarter. Amundi now owns 2,224,264 shares of the scientific and technical instruments company's stock valued at $628,065,000 after purchasing an additional 240,167 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in Keysight Technologies by 4.7% during the first quarter. Allspring Global Investments Holdings LLC now owns 2,005,409 shares of the scientific and technical instruments company's stock worth $581,248,000 after purchasing an additional 90,263 shares during the last quarter. Finally, Legal & General Group Plc bought a new stake in Keysight Technologies during the second quarter worth about $464,017,000. 84.58% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on KEYS shares. The Goldman Sachs Group upped their price objective on Keysight Technologies from $452.00 to $487.00 and gave the stock a "buy" rating in a report on Tuesday, October 6th. Barclays raised their price objective on Keysight Technologies from $387.00 to $429.00 and gave the company an "overweight" rating in a report on Wednesday, August 19th. Citigroup reissued a "buy" rating on shares of Keysight Technologies in a report on Wednesday, August 19th. Morgan Stanley boosted their target price on Keysight Technologies from $400.00 to $425.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 19th. Finally, Wall Street Zen lowered Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 1st. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, Keysight Technologies has a consensus rating of "Moderate Buy" and an average target price of $401.42.

Insiders Place Their Bets

In other news, Director Jean Mcclung Nye sold 3,000 shares of the firm's stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $319.22, for a total value of $957,660.00. Following the transaction, the director owned 35,752 shares in the company, valued at approximately $11,412,753.44. This trade represents a 7.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Lisa Poole sold 200 shares of Keysight Technologies stock in a transaction on Wednesday, September 23rd. The stock was sold at an average price of $348.01, for a total transaction of $69,602.00. Following the completion of the transaction, the vice president directly owned 6,134 shares in the company, valued at approximately $2,134,693.34. The trade was a 3.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 12,200 shares of company stock worth $4,082,752. 0.40% of the stock is currently owned by corporate insiders.

Keysight Technologies Stock Performance

NYSE KEYS opened at $334.32 on Wednesday. The company has a 50-day simple moving average of $343.44 and a two-hundred day simple moving average of $338.06. The company has a quick ratio of 1.62, a current ratio of 2.02 and a debt-to-equity ratio of 0.28. Keysight Technologies Inc. has a 12-month low of $163.32 and a 12-month high of $389.93. The firm has a market cap of $56.92 billion, a price-to-earnings ratio of 45.92, a PEG ratio of 1.06 and a beta of 1.17.

Keysight Technologies (NYSE:KEYS - Get Free Report) last released its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, topping the consensus estimate of $2.48 by $0.59. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%. The firm had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter in the previous year, the business earned $1.72 earnings per share. The company's quarterly revenue 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. On average, equities analysts forecast that Keysight Technologies Inc. will post 10.33 EPS for the current year.

Keysight Technologies Profile

Keysight Technologies, Inc NYSE: KEYS provides electronic design and test solutions used to develop, validate, and optimize communications systems, electronic devices, and other technologies. Its customers include companies in the communications, aerospace and defense, automotive, semiconductor, electronics, energy, education, and government sectors.

The company's product portfolio includes electronic test and measurement instruments, software, network test and visibility solutions, radio-frequency and microwave systems, oscilloscopes, signal analyzers, wireless and wireline test platforms, and cybersecurity testing tools.

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