Candriam S.C.A. Sells 2,186 Shares of Keysight Technologies Inc. $KEYS

Key Points

• Candriam S.C.A. has reduced its stake in Keysight Technologies Inc. by 1.1%, selling 2,186 shares to own approximately 0.12% of the company, valued at about $30.4 million.
• Various institutional investors made significant moves regarding Keysight Technologies in the first quarter, including Central Pacific Bank Trust Division increasing its stake by 97.8%.
• Keysight Technologies reported earnings of $1.72 EPS for the quarter, surpassing expectations, along with a year-over-year revenue growth of 11.1%.

Candriam S.C.A. decreased its position in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 1.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 203,283 shares of the scientific and technical instruments company's stock after selling 2,186 shares during the period. Candriam S.C.A. owned about 0.12% of Keysight Technologies worth $30,446,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Praxis Investment Management Inc. boosted its position in shares of Keysight Technologies by 45.8% during the 1st quarter. Praxis Investment Management Inc. now owns 6,371 shares of the scientific and technical instruments company's stock worth $954,000 after acquiring an additional 2,000 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Keysight Technologies by 142.8% during the 1st quarter. GAMMA Investing LLC now owns 5,012 shares of the scientific and technical instruments company's stock worth $751,000 after acquiring an additional 2,948 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Keysight Technologies by 3.2% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 52,174 shares of the scientific and technical instruments company's stock worth $7,828,000 after acquiring an additional 1,635 shares in the last quarter. Foyston Gordon & Payne Inc boosted its position in shares of Keysight Technologies by 11.5% during the 1st quarter. Foyston Gordon & Payne Inc now owns 59,851 shares of the scientific and technical instruments company's stock worth $8,964,000 after acquiring an additional 6,186 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Keysight Technologies by 19.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 12,730 shares of the scientific and technical instruments company's stock worth $1,906,000 after acquiring an additional 2,106 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

Insider Buying and Selling at Keysight Technologies

In related news, CEO Satish Dhanasekaran sold 658 shares of Keysight Technologies stock in a transaction on Friday, May 30th. The shares were sold at an average price of $157.78, for a total transaction of $103,819.24. Following the completion of the transaction, the chief executive officer owned 115,576 shares of the company's stock, valued at $18,235,581.28. This trade represents a 0.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP John Page sold 7,368 shares of Keysight Technologies stock in a transaction on Friday, May 30th. The stock was sold at an average price of $157.78, for a total transaction of $1,162,523.04. Following the transaction, the senior vice president directly owned 36,986 shares of the company's stock, valued at $5,835,651.08. This represents a 16.61% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 30,241 shares of company stock worth $4,866,631 over the last ninety days. Insiders own 0.61% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Barclays cut their target price on shares of Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating on the stock in a research report on Wednesday. JPMorgan Chase & Co. raised their target price on shares of Keysight Technologies from $177.00 to $200.00 and gave the company an "overweight" rating in a research report on Thursday, July 17th. Morgan Stanley raised their target price on shares of Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a research report on Tuesday, May 13th. Finally, Bank of America raised their target price on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a research report on Wednesday. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $187.38.

Keysight Technologies Trading Up 3.9%

Shares of KEYS stock traded up $6.2060 during trading hours on Friday, hitting $166.7960. 1,035,068 shares of the company's stock traded hands, compared to its average volume of 1,009,340. The stock's 50 day simple moving average is $163.30 and its 200 day simple moving average is $158.11. The stock has a market cap of $28.71 billion, a PE ratio of 53.12, a price-to-earnings-growth ratio of 2.35 and a beta of 1.11. Keysight Technologies Inc. has a 12 month low of $121.43 and a 12 month high of $186.20. The company has a quick ratio of 2.75, a current ratio of 3.59 and a debt-to-equity ratio of 0.45.

Keysight Technologies (NYSE:KEYS - Get Free Report) last released 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 firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. The company's revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter last year, the firm 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. On average, sell-side analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Keysight Technologies 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.