Earnest Partners LLC Sells 14,991 Shares of Keysight Technologies Inc. $KEYS

Key Points

• Earnest Partners LLC reduced its stake in Keysight Technologies by 3.1%, owning 473,052 shares valued at approximately $70.85 million at the end of the first quarter.
• Equities analysts have a generally optimistic outlook, with the average target price for Keysight Technologies at $187.38 and 7 analysts rating the stock as a Buy.
• In the latest quarter, Keysight Technologies reported $1.72 EPS, exceeding estimates, with year-over-year revenue growth of 11.1%.

Earnest Partners LLC decreased its position in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 3.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 473,052 shares of the scientific and technical instruments company's stock after selling 14,991 shares during the quarter. Earnest Partners LLC owned about 0.27% of Keysight Technologies worth $70,849,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Keysight Technologies by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 20,969,511 shares of the scientific and technical instruments company's stock valued at $3,140,604,000 after buying an additional 95,876 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings 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 valued at $2,814,195,000 after purchasing an additional 2,675,148 shares during the last quarter. Boston Partners grew its holdings 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 purchasing an additional 305,143 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in Keysight Technologies by 1.0% during the first quarter. T. Rowe Price Investment Management Inc. now owns 3,317,700 shares of the scientific and technical instruments company's stock valued at $496,892,000 after purchasing an additional 33,818 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Keysight Technologies by 9.0% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,593,611 shares of the scientific and technical instruments company's stock valued at $416,612,000 after purchasing an additional 214,015 shares during the last quarter. Institutional investors own 84.58% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on KEYS shares. Bank of America increased their price target on Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a report on Wednesday, August 20th. Barclays lowered their price target 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. increased their price target on Keysight Technologies from $177.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. Finally, Morgan Stanley increased their price target on Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a report on Tuesday, May 13th. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Keysight Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $187.38.

Insider Buying and Selling at Keysight Technologies

In related news, SVP Ingrid A. Estrada sold 10,000 shares of the firm's stock in a transaction on Friday, June 20th. The stock was sold at an average price of $158.97, for a total value of $1,589,700.00. Following the completion of the transaction, the senior vice president directly owned 108,590 shares of the company's stock, valued at $17,262,552.30. This trade represents a 8.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Neil Dougherty sold 12,215 shares of the firm's stock in a transaction 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 transaction, the chief financial officer directly owned 115,228 shares of the company's stock, valued at approximately $18,966,528.80. This trade represents a 9.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.61% of the stock is owned by company insiders.

Keysight Technologies Stock Performance

Shares of KEYS traded down $2.75 during mid-day trading on Tuesday, hitting $160.68. The company's stock had a trading volume of 214,799 shares, compared to its average volume of 984,138. Keysight Technologies Inc. has a one year low of $121.43 and a one year high of $186.20. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.94 and a current ratio of 3.59. The firm has a market capitalization of $27.65 billion, a PE ratio of 51.30, a price-to-earnings-growth ratio of 2.29 and a beta of 1.16. The stock's 50-day moving average is $163.81 and its two-hundred day moving average is $157.41.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.05. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The company had revenue of $1.35 billion during the quarter, compared to analysts' expectations of $1.32 billion. During the same period in the prior year, the business earned $1.57 earnings per share. Keysight Technologies's revenue for the quarter 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. As a group, sell-side analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current year.

About Keysight Technologies

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.