Fenimore Asset Management Inc Acquires 31,072 Shares of Keysight Technologies Inc. $KEYS

Key Points

• Fenimore Asset Management Inc has increased its holdings in Keysight Technologies by 5.2%, acquiring an additional 31,072 shares, now representing 2.0% of its portfolio.
• SVP Ingrid A. Estrada recently sold 2,000 shares of Keysight, leading to a 1.84% decrease in her ownership, which now totals 106,590 shares valued at approximately $18.54 million.
• Research analysts have mixed perspectives on Keysight's stock, with price targets ranging from $179.00 to $200.00 and a general average rating of "Moderate Buy" according to MarketBeat.

Fenimore Asset Management Inc grew its holdings in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 5.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 625,803 shares of the scientific and technical instruments company's stock after buying an additional 31,072 shares during the period. Keysight Technologies makes up 2.0% of Fenimore Asset Management Inc's portfolio, making the stock its 21st largest holding. Fenimore Asset Management Inc owned approximately 0.36% of Keysight Technologies worth $102,544,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. NBC Securities Inc. increased its stake in Keysight Technologies by 87,100.0% during the first quarter. NBC Securities Inc. now owns 872 shares of the scientific and technical instruments company's stock worth $130,000 after acquiring an additional 871 shares during the last quarter. Merit Financial Group LLC boosted its holdings in shares of Keysight Technologies by 10.9% in the 1st quarter. Merit Financial Group LLC now owns 3,792 shares of the scientific and technical instruments company's stock worth $568,000 after purchasing an additional 373 shares during the period. UMB Bank n.a. increased its position in shares of Keysight Technologies by 25.9% during the 1st quarter. UMB Bank n.a. now owns 1,225 shares of the scientific and technical instruments company's stock valued at $183,000 after purchasing an additional 252 shares during the last quarter. Wedmont Private Capital raised its holdings in Keysight Technologies by 6.6% during the 1st quarter. Wedmont Private Capital now owns 2,592 shares of the scientific and technical instruments company's stock valued at $388,000 after buying an additional 160 shares during the period. Finally, Capital Investment Advisors LLC lifted its position in Keysight Technologies by 50.5% in the first quarter. Capital Investment Advisors LLC now owns 2,002 shares of the scientific and technical instruments company's stock worth $300,000 after buying an additional 672 shares during the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total transaction of $347,960.00. Following the transaction, the senior vice president directly owned 106,590 shares in the company, valued at $18,544,528.20. This represents a 1.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.61% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on KEYS shares. Bank of America boosted their price objective on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a research report on Wednesday, August 20th. Barclays decreased their price objective on shares of Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating for the company in a research note on Wednesday, August 20th. Wall Street Zen downgraded Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 20th. JPMorgan Chase & Co. raised their price target on Keysight Technologies from $177.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Keysight Technologies in a research report on Saturday, September 27th. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $187.38.

Keysight Technologies Stock Down 1.0%

Shares of NYSE KEYS opened at $173.35 on Monday. The stock has a 50 day moving average price of $167.93 and a 200 day moving average price of $159.15. The firm has a market capitalization of $29.79 billion, a price-to-earnings ratio of 55.21, a PEG ratio of 2.42 and a beta of 1.18. Keysight Technologies Inc. has a 52-week low of $121.43 and a 52-week 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.

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, beating analysts' consensus estimates of $1.67 by $0.05. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same period in the previous year, the company posted $1.57 EPS. Keysight Technologies's revenue was up 11.1% on a year-over-year basis. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. Sell-side analysts expect that Keysight Technologies Inc. will post 6.32 earnings per share for the current 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.

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