Fieldview Capital Management LLC Reduces Stock Position in Keysight Technologies Inc. $KEYS

Key Points

• Fieldview Capital Management LLC cut its stake in Keysight Technologies by 89.3% in Q3, selling 35,437 shares and leaving it with 4,248 shares valued at about $743,000.
• Keysight beat quarterly expectations (EPS $2.17 vs $2.00; revenue $1.60B, up 23.3% YoY), set FY2026 guidance around 8.59 EPS, and its Board approved a $1.50 billion share buyback while analysts have largely raised price targets, yielding a consensus "Moderate Buy" (~$295 target).

Fieldview Capital Management LLC cut its holdings in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 89.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,248 shares of the scientific and technical instruments company's stock after selling 35,437 shares during the period. Fieldview Capital Management LLC's holdings in Keysight Technologies were worth $743,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in KEYS. Atlantic Union Bankshares Corp purchased a new position in Keysight Technologies in the second quarter worth about $34,000. Optiver Holding B.V. purchased a new stake in Keysight Technologies during the third quarter valued at approximately $35,000. Westfuller Advisors LLC purchased a new stake in Keysight Technologies during the third quarter valued at approximately $45,000. True Wealth Design LLC lifted its stake in shares of Keysight Technologies by 68.5% in the 3rd quarter. True Wealth Design LLC now owns 278 shares of the scientific and technical instruments company's stock valued at $49,000 after purchasing an additional 113 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new position in shares of Keysight Technologies in the 3rd quarter worth approximately $51,000. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Trading Up 1.1%

Shares of NYSE KEYS opened at $285.21 on Wednesday. Keysight Technologies Inc. has a 1-year low of $121.43 and a 1-year high of $317.00. The business has a fifty day moving average price of $237.38 and a 200 day moving average price of $201.01. The stock has a market capitalization of $48.91 billion, a P/E ratio of 51.39, a price-to-earnings-growth ratio of 2.19 and a beta of 1.12. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.60 and a quick ratio of 2.02.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.00 by $0.17. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.54 billion. Keysight Technologies had a return on equity of 19.26% and a net margin of 16.84%.The firm's quarterly revenue was up 23.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.82 earnings per share. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. Equities research analysts expect that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Keysight Technologies announced that its Board of Directors has approved a stock repurchase plan on Monday, November 24th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the scientific and technical instruments company to buy up to 4.9% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is undervalued.

Wall Street Analyst Weigh In

KEYS has been the topic of several analyst reports. Barclays boosted their target price on Keysight Technologies from $232.00 to $320.00 and gave the company an "overweight" rating in a research report on Tuesday, February 24th. The Goldman Sachs Group lifted their price objective on shares of Keysight Technologies from $243.00 to $322.00 and gave the stock a "buy" rating in a research note on Tuesday, February 24th. Susquehanna reiterated a "positive" rating and set a $300.00 price objective on shares of Keysight Technologies in a research report on Tuesday, February 24th. Wall Street Zen raised shares of Keysight Technologies from a "hold" rating to a "buy" rating in a research note on Saturday, February 28th. Finally, UBS Group increased their price target on Keysight Technologies from $230.00 to $340.00 and gave the stock a "buy" rating in a report on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Keysight Technologies currently has a consensus rating of "Moderate Buy" and a consensus price target of $295.36.

Insider Activity

In other news, CFO Neil Dougherty sold 1,000 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $203.72, for a total value of $203,720.00. Following the transaction, the chief financial officer owned 127,833 shares of the company's stock, valued at $26,042,138.76. The trade was a 0.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Jo Ann Juskie sold 1,000 shares of the business's stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $304.42, for a total transaction of $304,420.00. Following the transaction, the senior vice president owned 12,552 shares of the company's stock, valued at approximately $3,821,079.84. This trade represents a 7.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 4,889 shares of company stock worth $1,167,221 in the last quarter. 0.40% of the stock is currently owned by corporate insiders.

Keysight Technologies Company 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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