Keysight Technologies Inc. $KEYS Shares Sold by Ethic Inc.

Key Points

• Ethic Inc. reduced its stake in Keysight Technologies Inc. by 17.7%, selling 1,925 shares and holding 8,960 shares valued at $1,344,000.
• A number of institutional investors have recently adjusted their holdings in Keysight Technologies, with Vanguard Group Inc. and Price T Rowe Associates Inc. increasing their stakes significantly.
• Analysts have raised their target prices for Keysight Technologies, with JPMorgan Chase & Co. setting a new target of $200.00, while the company currently enjoys a consensus rating of "Moderate Buy."

Ethic Inc. reduced its position in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 17.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,960 shares of the scientific and technical instruments company's stock after selling 1,925 shares during the period. Ethic Inc.'s holdings in Keysight Technologies were worth $1,344,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Praxis Investment Management Inc. lifted its position in 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 lifted its position in 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 lifted its position in 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. Wealth Enhancement Advisory Services LLC lifted its position in 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. Finally, True Link Financial Advisors LLC acquired a new position in Keysight Technologies during the 1st quarter worth approximately $351,000. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP John Page sold 7,368 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 value of $1,162,523.04. Following the completion of the transaction, the senior vice president owned 36,986 shares of the company's stock, valued at $5,835,651.08. The trade was a 16.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Satish Dhanasekaran sold 658 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 $103,819.24. Following the completion of the transaction, the chief executive officer directly owned 115,576 shares of the company's stock, valued at approximately $18,235,581.28. This represents a 0.57% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 30,241 shares of company stock worth $4,866,631. Company insiders own 0.61% of the company's stock.

Analysts Set New Price Targets

Several research firms have issued reports on KEYS. Barclays dropped 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. Morgan Stanley lifted their price objective on Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a report on Tuesday, May 13th. Bank of America lifted their price objective on Keysight Technologies from $175.00 to $179.00 and gave the stock a "neutral" rating in a report on Wednesday. Finally, JPMorgan Chase & Co. lifted their price objective on Keysight Technologies from $177.00 to $200.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Keysight Technologies currently has an average rating of "Moderate Buy" and a consensus target price of $187.38.

Keysight Technologies Stock Performance

Shares of KEYS stock traded up $6.2060 on Friday, hitting $166.7960. 1,035,068 shares of the stock traded hands, compared to its average volume of 1,022,761. The company's fifty day moving average is $163.30 and its 200 day moving average is $157.97. 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 $28.71 billion, a PE ratio of 53.12, a PEG ratio of 2.35 and a beta of 1.11. 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 released its quarterly earnings data on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 EPS for the quarter, topping analysts' consensus estimates 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 firm's revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $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, equities research analysts predict that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal 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.