Keysight Technologies Inc. $KEYS Stock Holdings Lessened by Groupama Asset Managment

Key Points

• Groupama Asset Management has reduced its stake in Keysight Technologies Inc. by 11.6% in Q1, now holding 16,209 shares valued at $2.437 million.
• Analysts have raised their ratings for Keysight Technologies, with Bank of America upgrading it to "neutral" and increasing the target price to $175, while JPMorgan Chase raised it to $200.
• In the last quarter, company insiders sold a total of 31,830 shares, indicating significant insider selling activity, despite generally positive earnings performance with an EPS of $1.72 reported for the last quarter.

Groupama Asset Managment cut its stake in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 11.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,209 shares of the scientific and technical instruments company's stock after selling 2,121 shares during the period. Groupama Asset Managment's holdings in Keysight Technologies were worth $2,437,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Kovitz Investment Group Partners LLC raised its position in shares of Keysight Technologies by 364.6% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company's stock valued at $747,301,000 after buying an additional 3,650,953 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in Keysight Technologies by 29.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,114,952 shares of the scientific and technical instruments company's stock valued at $2,588,546,000 after purchasing an additional 3,621,349 shares in the last quarter. Victory Capital Management Inc. raised its position in Keysight Technologies by 1,224.5% during the first quarter. Victory Capital Management Inc. now owns 1,991,884 shares of the scientific and technical instruments company's stock valued at $298,324,000 after purchasing an additional 1,841,494 shares in the last quarter. Point72 Asset Management L.P. raised its position in Keysight Technologies by 343.6% during the fourth quarter. Point72 Asset Management L.P. now owns 1,008,192 shares of the scientific and technical instruments company's stock valued at $161,946,000 after purchasing an additional 780,893 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of Keysight Technologies by 36,268.6% during the 1st quarter. GAMMA Investing LLC now owns 750,647 shares of the scientific and technical instruments company's stock worth $112,424,000 after buying an additional 748,583 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock traded down $0.9870 during trading on Monday, hitting $165.8830. 120,154 shares of the stock were exchanged, compared to its average volume of 986,264. The stock's fifty day moving average is $163.30 and its 200 day moving average is $157.97. The stock has a market cap of $28.55 billion, a PE ratio of 52.86, a P/E/G ratio of 2.35 and a beta of 1.11. 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 Inc. has a 12 month low of $121.43 and a 12 month high of $186.20.

Keysight Technologies (NYSE:KEYS - Get Free Report) last released its quarterly earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 EPS for the quarter, topping the consensus estimate of $1.67 by $0.05. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter 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, sell-side analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Analyst Ratings Changes

Several analysts recently weighed in on KEYS shares. Barclays dropped their price objective on Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating for the company in a research report on Wednesday, August 20th. JPMorgan Chase & Co. upped their price target on shares of Keysight Technologies from $177.00 to $200.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Morgan Stanley upped their price target on shares of Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a report on Tuesday, May 13th. Finally, Bank of America raised their price target on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a research note on Wednesday, August 20th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $187.38.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 10,000 shares of the company's stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $158.97, for a total transaction of $1,589,700.00. Following the completion of the sale, the senior vice president directly owned 108,590 shares of the company's stock, valued at approximately $17,262,552.30. This represents a 8.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 sale, the chief financial officer directly 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 disclosure for this sale can be found here. Insiders sold a total of 30,241 shares of company stock valued at $4,866,631 over the last 90 days. Insiders own 0.61% of the company's stock.

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.