Bryn Mawr Trust Advisors LLC Invests $6.67 Million in Keysight Technologies Inc. $KEYS

Key Points

• Bryn Mawr Trust Advisors initiated a $6.67 million position in Keysight Technologies, purchasing 19,058 shares during the second quarter. Institutional investors and hedge funds collectively own 84.58% of the company.
• Keysight reported quarterly earnings of $2.87 per share, beating estimates of $2.32, while revenue reached $1.72 billion—up 31.5% year over year. The company guided for third-quarter EPS of $2.43 to $2.49.
• Analyst sentiment remains positive, with an overall “Moderate Buy” rating and an average price target of $371.92; Barclays and Citigroup recently raised their targets to $387 and $396, respectively.

Bryn Mawr Trust Advisors LLC bought a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 19,058 shares of the scientific and technical instruments company's stock, valued at approximately $6,672,000.

Other large investors have also recently made changes to their positions in the company. AQR Capital Management LLC increased its holdings in Keysight Technologies by 92.6% in the first quarter. AQR Capital Management LLC now owns 27,216 shares of the scientific and technical instruments company's stock valued at $3,965,000 after buying an additional 13,085 shares in the last quarter. Integrated Wealth Concepts LLC boosted its stake in shares of Keysight Technologies by 5.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company's stock worth $387,000 after acquiring an additional 122 shares in the last quarter. Empowered Funds LLC grew its position in shares of Keysight Technologies by 30.0% during the 1st quarter. Empowered Funds LLC now owns 10,652 shares of the scientific and technical instruments company's stock valued at $1,595,000 after acquiring an additional 2,461 shares during the period. Geneos Wealth Management Inc. grew its position in shares of Keysight Technologies by 66.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company's stock valued at $59,000 after acquiring an additional 157 shares during the period. Finally, Sivia Capital Partners LLC purchased a new position in shares of Keysight Technologies in the 2nd quarter valued at about $254,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Price Performance

NYSE:KEYS opened at $358.15 on Friday. The stock has a 50 day moving average of $333.35 and a two-hundred day moving average of $311.41. Keysight Technologies Inc. has a 12 month low of $152.85 and a 12 month high of $374.96. The firm has a market cap of $61.21 billion, a P/E ratio of 58.91, a price-to-earnings-growth ratio of 2.01 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.

Keysight Technologies (NYSE:KEYS - Get Free Report) last released its earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share 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 business had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter last year, the business posted $1.70 earnings per share. The business's quarterly revenue 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. On average, analysts expect that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on KEYS. Barclays upped their price target on Keysight Technologies from $320.00 to $387.00 and gave the stock an "overweight" rating in a report on Wednesday, May 20th. Citigroup boosted their price objective on Keysight Technologies from $320.00 to $396.00 and gave the company a "buy" rating in a research report on Thursday, May 21st. Zacks Research raised Keysight Technologies from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 29th. The Goldman Sachs Group reiterated a "buy" rating on shares of Keysight Technologies in a research report on Wednesday, May 20th. Finally, Morgan Stanley boosted their price target on shares of Keysight Technologies from $305.00 to $350.00 and gave the stock an "equal weight" rating in a report on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Keysight Technologies has an average rating of "Moderate Buy" and an average price target of $371.92.

Insider Transactions at Keysight Technologies

In related news, Director James Cullen sold 3,000 shares of the company's stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $346.58, for a total transaction of $1,039,740.00. Following the completion of the sale, the director owned 21,821 shares of the company's stock, valued at approximately $7,562,722.18. This represents a 12.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $340.87, for a total transaction of $681,740.00. Following the completion of the sale, the senior vice president owned 105,861 shares of the company's stock, valued at approximately $36,084,839.07. The trade was a 1.85% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 5,507 shares of company stock valued at $1,904,669 over the last 90 days. 0.40% of the stock is currently owned by corporate insiders.

About Keysight Technologies

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.

Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies Inc. (NYSE:KEYS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source