Keysight Technologies Inc. $KEYS Holdings Lifted by Czech National Bank

Key Points

• The Czech National Bank increased its stake in Keysight Technologies by 6.4% during the second quarter, now holding 42,241 shares valued at approximately $6.92 million.
• Several hedge funds significantly boosted their positions in Keysight Technologies, with Victory Capital Management raising its stake by 1,224.5% in the first quarter.
• Analysts have favorable sentiments on Keysight Technologies, with a consensus rating of "Moderate Buy" and an average target price increase to $187.38.

Czech National Bank grew its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 6.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 42,241 shares of the scientific and technical instruments company's stock after purchasing an additional 2,527 shares during the quarter. Czech National Bank's holdings in Keysight Technologies were worth $6,922,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD raised its stake in Keysight Technologies by 16.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 18,790,100 shares of the scientific and technical instruments company's stock worth $2,814,195,000 after purchasing an additional 2,675,148 shares during the period. Victory Capital Management Inc. increased its holdings in shares of Keysight Technologies by 1,224.5% during the 1st quarter. Victory Capital Management Inc. now owns 1,991,884 shares of the scientific and technical instruments company's stock worth $298,324,000 after buying an additional 1,841,494 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Keysight Technologies by 36,268.6% in the 1st quarter. GAMMA Investing LLC now owns 750,647 shares of the scientific and technical instruments company's stock worth $112,424,000 after buying an additional 748,583 shares during the period. ANTIPODES PARTNERS Ltd boosted its holdings in Keysight Technologies by 49.4% in the first quarter. ANTIPODES PARTNERS Ltd now owns 935,490 shares of the scientific and technical instruments company's stock valued at $140,120,000 after acquiring an additional 309,345 shares during the last quarter. Finally, Boston Partners grew its position in Keysight Technologies by 7.7% during the first quarter. Boston Partners now owns 4,263,417 shares of the scientific and technical instruments company's stock valued at $636,854,000 after acquiring an additional 305,143 shares during the period. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the company's stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total transaction of $347,960.00. Following the completion of the transaction, the senior vice president directly owned 106,590 shares of the company's stock, valued at approximately $18,544,528.20. This represents a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Neil Dougherty sold 12,215 shares of the firm's stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $164.60, for a total value of $2,010,589.00. Following the completion of the sale, the chief financial officer directly owned 115,228 shares in the company, valued at approximately $18,966,528.80. This trade represents a 9.58% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 14,357 shares of company stock valued at $2,383,195. 0.61% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

KEYS has been the topic of a number of research reports. Barclays cut their price objective on Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating on the stock in a report on Wednesday, August 20th. JPMorgan Chase & Co. lifted their price target 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. Wall Street Zen lowered shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Finally, Bank of America lifted their target price on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a report on Wednesday, August 20th. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $187.38.

Keysight Technologies Stock Performance

Shares of KEYS stock traded up $1.15 on Friday, hitting $178.36. 2,324,472 shares of the stock traded hands, compared to its average volume of 859,835. The company's fifty day moving average is $165.82 and its 200 day moving average is $157.60. Keysight Technologies Inc. has a 1-year low of $121.43 and a 1-year high of $186.20. The company has a market capitalization of $30.65 billion, a PE ratio of 56.80, a PEG ratio of 2.48 and a beta of 1.16. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, topping analysts' consensus estimates of $1.67 by $0.05. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. The company had revenue of $1.35 billion for the quarter, compared to analysts' expectations of $1.32 billion. During the same period in the prior year, the company earned $1.57 earnings per share. The firm's revenue was up 11.1% compared to the same quarter last year. 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, equities research analysts predict that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Keysight Technologies Company 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.