IFM Investors Pty Ltd Increases Stake in Keysight Technologies Inc. $KEYS

Key Points

• IFM Investors Pty Ltd increased its stake in Keysight Technologies by 7.3% in Q2, now owning 32,927 shares valued at approximately $5.4 million.
• Keysight Technologies reported an EPS of $1.72 for the last quarter, exceeding expectations and showing an 11.1% revenue increase year-over-year to $1.35 billion.
• Several hedge funds have significantly raised their holdings in Keysight Technologies, contributing to institutional investors owning 84.58% of the company's stock.

IFM Investors Pty Ltd grew its holdings in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 7.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,927 shares of the scientific and technical instruments company's stock after purchasing an additional 2,239 shares during the period. IFM Investors Pty Ltd's holdings in Keysight Technologies were worth $5,395,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in KEYS. Praxis Investment Management Inc. lifted its holdings in shares of 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 period. Foyston Gordon & Payne Inc raised its stake in shares of 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 valued at $8,964,000 after purchasing an additional 6,186 shares during the period. GAMMA Investing LLC grew its stake 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 buying an additional 2,948 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in Keysight Technologies by 3.2% during the 1st 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 buying an additional 1,635 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in 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 purchasing an additional 2,106 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

Insiders Place Their Bets

In other news, CFO Neil Dougherty sold 12,215 shares of Keysight Technologies 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 in the company, valued at approximately $18,966,528.80. The trade was a 9.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total transaction of $347,960.00. Following the sale, the senior vice president owned 106,590 shares of the company's stock, valued at approximately $18,544,528.20. This represents a 1.84% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 14,357 shares of company stock worth $2,383,195 in the last three months. Company insiders own 0.61% of the company's stock.

Wall Street Analyst Weigh In

KEYS has been the topic of a number of recent research reports. Wall Street Zen lowered shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Bank of America upped their price target on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a report on Wednesday, August 20th. Barclays dropped their price target on Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 20th. Finally, JPMorgan Chase & Co. increased their price target on shares of Keysight Technologies from $177.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday, July 17th. 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.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $187.38.

Keysight Technologies Stock Down 0.2%

Shares of 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 firm has a market cap of $30.55 billion, a PE ratio of 56.61, a PEG ratio of 2.48 and a beta of 1.16. 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 1 year low of $121.43 and a 1 year high of $186.20. The stock's fifty day moving average is $166.10 and its 200 day moving average is $157.77.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its quarterly earnings data on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 EPS for the quarter, beating analysts' consensus estimates of $1.67 by $0.05. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. The firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter last year, the firm earned $1.57 earnings per share. The firm's revenue was up 11.1% compared to the same quarter last year. 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, equities research analysts forecast that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

Keysight Technologies 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.