Hsbc Holdings PLC purchased a new stake in Keysight Technologies Inc. (NYSE:KEYS - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 844,921 shares of the scientific and technical instruments company's stock, valued at approximately $295,814,000. Hsbc Holdings PLC owned 0.49% of Keysight Technologies as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently bought and sold shares of the business. BlackRock Inc. acquired a new position in shares of Keysight Technologies during the 2nd quarter valued at $7,030,806,000. Norges Bank purchased a new position in Keysight Technologies in the fourth quarter valued at about $435,542,000. Focus Partners Wealth raised its position in Keysight Technologies by 3,941.3% in the fourth quarter. Focus Partners Wealth now owns 1,406,286 shares of the scientific and technical instruments company's stock valued at $285,743,000 after purchasing an additional 1,371,488 shares during the period. Legal & General Group Plc acquired a new position in shares of Keysight Technologies during the second quarter worth about $464,017,000. Finally, Woodline Partners LP purchased a new stake in shares of Keysight Technologies in the third quarter worth about $208,891,000. 84.58% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
KEYS has been the topic of several recent research reports. Robert W. Baird boosted their price target on Keysight Technologies from $385.00 to $410.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 19th. JPMorgan Chase & Co. increased their target price on Keysight Technologies from $400.00 to $425.00 and gave the company an "overweight" rating in a research note on Wednesday, August 19th. Wells Fargo & Company increased their price objective on shares of Keysight Technologies from $390.00 to $405.00 and gave the company an "overweight" rating in a research note on Wednesday, August 19th. Susquehanna increased their target price on Keysight Technologies from $425.00 to $440.00 and gave the stock a "positive" rating in a research report on Wednesday, August 19th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating on shares of Keysight Technologies in a report on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Keysight Technologies has a consensus rating of "Moderate Buy" and an average price target of $392.83.
Read Our Latest Analysis on Keysight Technologies
Keysight Technologies Trading Up 3.2%
Shares of NYSE:KEYS opened at $320.54 on Wednesday. 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 stock has a market capitalization of $54.78 billion, a price-to-earnings ratio of 44.03, a PEG ratio of 1.77 and a beta of 1.22. Keysight Technologies Inc. has a 1-year low of $158.79 and a 1-year high of $374.96. The company has a 50 day moving average price of $331.33 and a 200 day moving average price of $317.27.
Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its quarterly earnings results 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. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%.The company had revenue of $1.85 billion for the quarter, compared to analysts' expectations of $1.75 billion. During the same quarter in the prior year, the company earned $1.72 earnings per share. The firm's revenue was up 36.5% on a year-over-year basis. 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, research analysts anticipate that Keysight Technologies Inc. will post 9.03 EPS for the current fiscal year.
Insider Buying and Selling
In other Keysight Technologies news, CEO Satish Dhanasekaran sold 507 shares of the company's stock in a transaction dated 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 sale, the chief executive officer directly owned 121,391 shares of the company's stock, valued at approximately $43,860,996.12. This represents a 0.42% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Cullen sold 3,000 shares of the business's stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $346.58, for a total transaction of $1,039,740.00. Following the sale, the director owned 21,821 shares in the company, valued at $7,562,722.18. This represents a 12.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 10,507 shares of company stock valued at $3,491,649 over the last ninety days. 0.40% of the stock is currently owned by company insiders.
Keysight Technologies Company Profile
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Free Report)
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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