Concurrent Investment Advisors LLC Increases Holdings in Keysight Technologies Inc. $KEYS

Key Points

• Concurrent Investment Advisors increased its Keysight Technologies holdings by 86.1% in the second quarter, bringing its position to 23,045 shares valued at approximately $8.1 million. Institutional investors collectively own 84.58% of the company.
• Wall Street sentiment remains positive, with Keysight receiving a consensus “Moderate Buy” rating and an average price target of $392.83; several analysts recently raised their targets to between $405 and $440.
• Keysight reported quarterly earnings of $3.07 per share, beating estimates of $2.48, while revenue rose 36.5% year over year to $1.85 billion. Shares opened at $326.79, near their 50-day and 200-day moving averages.

Concurrent Investment Advisors LLC raised its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 86.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,045 shares of the scientific and technical instruments company's stock after acquiring an additional 10,663 shares during the quarter. Concurrent Investment Advisors LLC's holdings in Keysight Technologies were worth $8,068,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in KEYS. AQR Capital Management LLC increased its stake 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 purchasing an additional 13,085 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position 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 buying an additional 122 shares during the last quarter. Empowered Funds LLC lifted 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 worth $1,595,000 after buying an additional 2,461 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Keysight Technologies by 66.5% in 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 buying an additional 157 shares in the last quarter. Finally, Sivia Capital Partners LLC acquired a new position in shares of Keysight Technologies in the 2nd quarter valued at $254,000. Hedge funds and other institutional investors own 84.58% of the company's stock.

Wall Street Analyst Weigh In

KEYS has been the topic of several research analyst reports. Morgan Stanley lifted their price target on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 19th. Robert W. Baird upped their price objective on shares of Keysight Technologies from $385.00 to $410.00 and gave the company an "outperform" rating in a research note on Wednesday, August 19th. Wells Fargo & Company upped their price objective on shares of Keysight Technologies from $390.00 to $405.00 and gave the company an "overweight" rating in a research note on Wednesday, August 19th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Keysight Technologies in a report on Wednesday, May 20th. Finally, Susquehanna lifted their target price on Keysight Technologies from $425.00 to $440.00 and gave the stock a "positive" rating in a research report on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, Keysight Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $392.83.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock opened at $326.79 on Friday. The firm's fifty day simple moving average is $325.95 and its 200-day simple moving average is $321.75. The stock has a market capitalization of $55.63 billion, a price-to-earnings ratio of 44.89, a PEG ratio of 1.68 and a beta of 1.21. Keysight Technologies Inc. has a 12 month low of $158.79 and a 12 month high of $374.96. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.02 and a quick ratio of 1.62.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share for the quarter, topping analysts' consensus estimates of $2.48 by $0.59. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The firm had revenue of $1.85 billion during the quarter, compared to analysts' expectations of $1.75 billion. During the same quarter in the prior year, the business earned $1.72 EPS. Keysight Technologies's quarterly revenue was up 36.5% compared to the same quarter last year. 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. As a group, equities analysts forecast that Keysight Technologies Inc. will post 10.33 earnings per share for the current year.

Insider Transactions at Keysight Technologies

In related news, CEO Satish Dhanasekaran sold 507 shares of the business's stock in a transaction dated 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 $43,860,996.12. The trade was a 0.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jean Mcclung Nye sold 3,000 shares of the company'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 sale, the director directly owned 35,752 shares of the company's stock, valued at approximately $11,412,753.44. This represents a 7.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 7,507 shares of company stock worth $2,451,909. Company insiders own 0.40% of the company's stock.

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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