HB Wealth Management LLC Purchases 3,945 Shares of Keysight Technologies Inc. $KEYS

Key Points

• HB Wealth Management increased its Keysight Technologies stake by 23.7% in the second quarter, purchasing 3,945 shares and bringing its holdings to 20,600 shares valued at $7.21 million. Institutional investors own 84.58% of the company.
• Keysight reported quarterly earnings of $3.07 per share, beating estimates by $0.59, while revenue rose 36.5% year over year to $1.85 billion. Shares opened at $326.79, with a market capitalization of $55.63 billion.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $392.83, following several target increases. Company insiders sold 7,507 shares worth approximately $2.45 million over the past three months.

HB Wealth Management LLC lifted its holdings in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 23.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,600 shares of the scientific and technical instruments company's stock after buying an additional 3,945 shares during the quarter. HB Wealth Management LLC's holdings in Keysight Technologies were worth $7,212,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of KEYS. Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of Keysight Technologies by 15.0% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 222 shares of the scientific and technical instruments company's stock worth $63,000 after purchasing an additional 29 shares during the last quarter. Kera Capital Partners Inc. grew its holdings in shares of Keysight Technologies by 0.9% in the first quarter. Kera Capital Partners Inc. now owns 3,276 shares of the scientific and technical instruments company's stock worth $925,000 after purchasing an additional 30 shares during the last quarter. Cornerstone Planning Group LLC increased its stake in Keysight Technologies by 36.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company's stock worth $32,000 after buying an additional 30 shares during the period. KCM Investment Advisors LLC increased its stake in Keysight Technologies by 1.3% in the 1st quarter. KCM Investment Advisors LLC now owns 2,333 shares of the scientific and technical instruments company's stock worth $659,000 after buying an additional 30 shares during the period. Finally, WPG Advisers LLC lifted its holdings in Keysight Technologies by 16.5% during the 1st quarter. WPG Advisers LLC now owns 219 shares of the scientific and technical instruments company's stock valued at $62,000 after buying an additional 31 shares in the last quarter. 84.58% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Jean Mcclung Nye sold 3,000 shares of Keysight Technologies stock in a transaction on Friday, August 21st. The stock was sold at an average price of $319.22, for a total value of $957,660.00. Following the transaction, the director directly owned 35,752 shares in the company, valued at approximately $11,412,753.44. This trade represents a 7.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Satish Dhanasekaran sold 507 shares of the business's stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $361.32, for a total value of $183,189.24. Following the completion of the transaction, the chief executive officer directly owned 121,391 shares of the company's stock, valued at approximately $43,860,996.12. The trade was a 0.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 7,507 shares of company stock worth $2,451,909. 0.40% of the stock is currently owned by company insiders.

Keysight Technologies Price Performance

Shares of KEYS opened at $326.79 on Monday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.62 and a current ratio of 2.02. The company has a 50 day moving average price of $325.95 and a 200-day moving average price of $322.37. Keysight Technologies Inc. has a fifty-two week low of $158.79 and a fifty-two week high of $374.96. The stock has a market capitalization of $55.63 billion, a PE ratio of 44.89, a PEG ratio of 1.63 and a beta of 1.21.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.48 by $0.59. The company had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.75 billion. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. Keysight Technologies's revenue was up 36.5% compared to the same quarter last year. During the same period last year, the company posted $1.72 earnings per share. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. Equities analysts predict that Keysight Technologies Inc. will post 10.33 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have issued reports on KEYS shares. The Goldman Sachs Group reissued a "buy" rating on shares of Keysight Technologies in a research report on Wednesday, May 20th. JPMorgan Chase & Co. lifted their price target on shares of Keysight Technologies from $400.00 to $425.00 and gave the company an "overweight" rating in a research note on Wednesday, August 19th. Truist Financial boosted their price target on Keysight Technologies from $376.00 to $400.00 and gave the company a "hold" rating in a report on Wednesday, August 19th. Citigroup reissued a "buy" rating on shares of Keysight Technologies in a research note on Wednesday, August 19th. Finally, Robert W. Baird increased their price objective on Keysight Technologies from $385.00 to $410.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $392.83.

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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