Hsbc Holdings PLC Increases Stock Holdings in Keysight Technologies Inc. $KEYS

Key Points

• Hsbc Holdings PLC increased its Keysight Technologies stake by 147.1% in the second quarter, purchasing 502,964 additional shares and ending with 844,921 shares worth approximately $295.8 million. Institutional investors collectively own 84.58% of the company.
• Analysts remain broadly optimistic, with one Strong Buy, 11 Buy, and two Hold ratings. The consensus rating is “Moderate Buy,” with an average price target of $392.83.
• Keysight reported quarterly EPS of $3.07, beating estimates of $2.48, while revenue rose 36.5% year over year to $1.85 billion. Shares opened at $326.79, near their 50-day and 200-day moving averages.

Hsbc Holdings PLC increased its position in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 147.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 844,921 shares of the scientific and technical instruments company's stock after purchasing an additional 502,964 shares during the period. Hsbc Holdings PLC owned 0.49% of Keysight Technologies worth $295,814,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Quarry LP purchased a new stake in shares of Keysight Technologies during the 4th quarter valued at approximately $25,000. Fiduciary Financial Advisors purchased a new position in Keysight Technologies in the second quarter worth approximately $28,000. IMG Wealth Management Inc. purchased a new position in Keysight Technologies in the second quarter worth approximately $29,000. Cornerstone Planning Group LLC increased its stake in Keysight Technologies by 36.1% during the first quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company's stock worth $32,000 after acquiring an additional 30 shares during the last quarter. Finally, Compass Financial Management LLC acquired a new stake in Keysight Technologies during the second quarter worth $34,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on KEYS shares. Wells Fargo & Company upped their price target on Keysight Technologies from $390.00 to $405.00 and gave the company an "overweight" rating in a research note on Wednesday, August 19th. Barclays raised their price objective on Keysight Technologies from $387.00 to $429.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 19th. Weiss Ratings upgraded shares of Keysight Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, August 20th. JPMorgan Chase & Co. increased their target price on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 19th. Finally, UBS Group lifted their price target on shares of Keysight Technologies from $420.00 to $440.00 and gave the company a "buy" rating in a research report 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 issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $392.83.

Insider Activity

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $314.66, for a total transaction of $629,320.00. Following the sale, the senior vice president directly owned 103,861 shares in the company, valued at $32,680,902.26. This represents a 1.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Satish Dhanasekaran sold 507 shares of the firm's stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $361.32, for a total transaction 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 $43,860,996.12. This represents a 0.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 7,507 shares of company stock valued at $2,451,909. 0.40% of the stock is currently owned by company insiders.

Keysight Technologies Trading Down 0.1%

Shares of NYSE KEYS opened at $326.79 on Monday. The company has a current ratio of 2.02, a quick ratio of 1.62 and a debt-to-equity ratio of 0.28. 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 Inc. has a twelve month low of $158.79 and a twelve month high of $374.96. The stock has a fifty day simple moving average of $325.95 and a 200-day simple moving average of $322.37.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.59. The firm had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.75 billion. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%.Keysight Technologies's revenue was up 36.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.72 EPS. 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. On average, equities analysts forecast that Keysight Technologies Inc. will post 10.33 earnings per share for the current year.

Keysight Technologies 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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