Citizens Financial Group Inc. RI Takes $1.08 Million Position in Keysight Technologies Inc. $KEYS

Key Points

• Citizens Financial Group bought 3,100 Keysight Technologies shares worth approximately $1.08 million in the second quarter. Institutional investors and hedge funds collectively own 84.58% of the company.
• Keysight reported quarterly EPS of $3.07 and revenue of $1.85 billion, beating estimates and marking 36.5% year-over-year revenue growth. The company also issued stronger-than-expected quarterly and full-year guidance, citing demand from AI data-center expansion.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $371.92, compared with shares at $341.35. However, the stock’s elevated valuation and recent insider selling may increase sensitivity to high investor expectations.

Citizens Financial Group Inc. RI bought a new position in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,100 shares of the scientific and technical instruments company's stock, valued at approximately $1,085,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. BlackRock Inc. bought a new stake in Keysight Technologies during the 2nd quarter worth approximately $7,030,806,000. Norges Bank bought a new position in shares of Keysight Technologies in the fourth quarter valued at approximately $435,542,000. Focus Partners Wealth lifted its holdings in shares of Keysight Technologies by 3,941.3% in the fourth quarter. Focus Partners Wealth now owns 1,406,286 shares of the scientific and technical instruments company's stock valued at $285,743,000 after purchasing an additional 1,371,488 shares in the last quarter. Woodline Partners LP purchased a new position in shares of Keysight Technologies during the third quarter valued at approximately $208,891,000. Finally, M&T Bank Corp grew its holdings in Keysight Technologies by 9,349.0% during the fourth quarter. M&T Bank Corp now owns 1,048,176 shares of the scientific and technical instruments company's stock worth $212,979,000 after buying an additional 1,037,083 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

Keysight Technologies Price Performance

Shares of NYSE:KEYS opened at $341.35 on Wednesday. The company has a market capitalization of $58.34 billion, a P/E ratio of 56.14, a price-to-earnings-growth ratio of 2.04 and a beta of 1.22. The company's 50-day moving average is $334.12 and its 200 day moving average is $313.94. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.51 and a current ratio of 1.90. Keysight Technologies Inc. has a fifty-two week low of $152.85 and a fifty-two week high of $374.96.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.48 by $0.59. The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.75 billion. Keysight Technologies had a net margin of 17.25% and a return on equity of 21.58%. The firm's quarterly revenue was up 36.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.72 earnings per share. 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 research analysts forecast that Keysight Technologies Inc. will post 9.03 earnings per share for the current year.

Analyst Ratings Changes

KEYS has been the topic of a number of analyst reports. Truist Financial lifted their price objective on shares of Keysight Technologies from $310.00 to $376.00 and gave the stock a "hold" rating in a report on Thursday, May 21st. Morgan Stanley increased their target price on shares of Keysight Technologies from $305.00 to $350.00 and gave the company an "equal weight" rating in a report on Wednesday, May 20th. Wall Street Zen lowered shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 1st. Susquehanna boosted their price target on shares of Keysight Technologies from $415.00 to $425.00 and gave the stock a "positive" rating in a report on Wednesday, May 20th. Finally, Wells Fargo & Company upped their price objective on shares of Keysight Technologies from $300.00 to $390.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 20th. One investment 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 company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $371.92.

Insider Activity

In related news, CEO Satish Dhanasekaran sold 507 shares of the company's stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $361.32, for a total value of $183,189.24. Following the transaction, the chief executive officer owned 121,391 shares in the company, valued at approximately $43,860,996.12. This represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Cullen sold 3,000 shares of the stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $346.58, for a total value of $1,039,740.00. Following the transaction, the director directly owned 21,821 shares of the company's stock, valued at approximately $7,562,722.18. This trade represents a 12.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 5,507 shares of company stock valued at $1,904,669 in the last three months. Company insiders own 0.40% of the company's stock.

Keysight Technologies News Summary

Here are the key news stories impacting Keysight Technologies this week:

• Positive Sentiment: Keysight posted fiscal Q3 EPS of $3.07, well above the $2.46–$2.48 analyst consensus and up from $1.72 a year earlier. Revenue reached $1.85 billion, exceeding the $1.75 billion estimate and increasing 36.5% year over year. Keysight Q3 earnings and revenue estimates
• Positive Sentiment: The company issued fiscal Q4 EPS guidance of $3.34–$3.40 and revenue guidance of $1.9–$2.0 billion, both above consensus expectations of $2.63 EPS and $1.8 billion in revenue. Full-year fiscal 2026 guidance also exceeded estimates, with EPS of $11.46 versus $10.00 expected and revenue of $7.1 billion versus $6.9 billion expected. Keysight forecasts quarterly profit above estimates
• Positive Sentiment: Management cited strong demand tied to the rapid buildout of AI data centers, supporting investor confidence in Keysight’s testing, measurement and software portfolio. Keysight reports third-quarter results
• Neutral Sentiment: Keysight is scheduled to host a Digital Intermediate Frequency Interoperability Consortium PlugFest Showcase in October, highlighting its involvement in digital satellite communications infrastructure. DIFI PlugFest Showcase Day
• Negative Sentiment: Despite the earnings beats and higher guidance, shares initially rose and later decreased, suggesting profit-taking or that investors had already priced in much of the improvement. The reports do not identify a specific operational weakness; Keysight’s elevated valuation leaves the stock sensitive to high expectations. Stocks making the biggest moves after hours

Keysight Technologies Profile

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.

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