Financiere des Professionnels Fonds d investissement inc. Makes New $275,000 Investment in Keysight Technologies Inc. $KEYS

Key Points

• Financiere des Professionnels Fonds d investissement inc. has acquired a new position in Keysight Technologies, purchasing 1,680 shares valued at approximately $275,000.
• Several hedge funds have significantly increased their stakes in Keysight Technologies, raising institutional ownership to 84.58% of the company's stock.
• Keysight Technologies received positive analyst attention, with upgrades leading to a consensus price target of $187.38 and a “Moderate Buy” rating from investment analysts.

Financiere des Professionnels Fonds d investissement inc. purchased a new position in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,680 shares of the scientific and technical instruments company's stock, valued at approximately $275,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Praxis Investment Management Inc. boosted its position in Keysight Technologies by 45.8% in the first quarter. Praxis Investment Management Inc. now owns 6,371 shares of the scientific and technical instruments company's stock valued at $954,000 after buying an additional 2,000 shares during the last quarter. Foyston Gordon & Payne Inc lifted its stake in Keysight Technologies by 11.5% in the 1st quarter. Foyston Gordon & Payne Inc now owns 59,851 shares of the scientific and technical instruments company's stock worth $8,964,000 after purchasing an additional 6,186 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Keysight Technologies by 142.8% in the first quarter. GAMMA Investing LLC now owns 5,012 shares of the scientific and technical instruments company's stock valued at $751,000 after purchasing an additional 2,948 shares during the period. Allspring Global Investments Holdings LLC grew its position in Keysight Technologies by 3.2% in the first 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 during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Keysight Technologies by 19.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 12,730 shares of the scientific and technical instruments company's stock valued at $1,906,000 after acquiring an additional 2,106 shares during the period. Hedge funds and other institutional investors own 84.58% of the company's stock.

Analyst Ratings Changes

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

Insider Buying and Selling

In related news, CFO Neil Dougherty sold 12,215 shares of the company's stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $164.60, for a total transaction of $2,010,589.00. Following the completion of the sale, the chief financial officer owned 115,228 shares of the company's stock, valued at $18,966,528.80. This represents a 9.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total value of $347,960.00. Following the completion of the transaction, the senior vice president owned 106,590 shares in the company, valued at approximately $18,544,528.20. The trade was a 1.84% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 14,357 shares of company stock worth $2,383,195. Company insiders own 0.61% of the company's stock.

Keysight Technologies Stock Performance

Keysight Technologies stock traded down $0.38 during trading hours on Monday, reaching $177.77. 1,121,443 shares of the company were exchanged, compared to its average volume of 924,305. The company has a current ratio of 3.59, a quick ratio of 2.94 and a debt-to-equity ratio of 0.45. Keysight Technologies Inc. has a 12 month low of $121.43 and a 12 month high of $186.20. The stock has a 50-day moving average of $166.10 and a 200 day moving average of $157.77. The firm has a market cap of $30.55 billion, a price-to-earnings ratio of 56.61, a PEG ratio of 2.48 and a beta of 1.16.

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