Teza Capital Management LLC Sells 7,202 Shares of Keysight Technologies Inc. $KEYS

Key Points

• Teza Capital Management LLC reduced its holdings in Keysight Technologies Inc. by 78.5%, now owning 1,970 shares valued at $295,000 as of its latest 13F filing.
• In contrast, Price T Rowe Associates Inc. MD and other hedge funds significantly increased their positions in Keysight, with Price T Rowe raising its stake by 16.6% to 18.79 million shares worth approximately $2.81 billion.
• Keysight Technologies reported Q4 earnings exceeding expectations with an EPS of $1.72, beating analysts' forecasts of $1.67, alongside a revenue increase of 11.1% year-over-year.

Teza Capital Management LLC decreased its stake in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 78.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,970 shares of the scientific and technical instruments company's stock after selling 7,202 shares during the period. Teza Capital Management LLC's holdings in Keysight Technologies were worth $295,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Central Pacific Bank Trust Division increased its position in shares of Keysight Technologies by 97.8% during the first quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company's stock worth $27,000 after acquiring an additional 90 shares in the last quarter. Accent Capital Management LLC bought a new stake in shares of Keysight Technologies during the first quarter worth $28,000. Manchester Capital Management LLC increased its position in shares of Keysight Technologies by 85.0% during the first quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company's stock worth $35,000 after acquiring an additional 108 shares in the last quarter. Zions Bancorporation National Association UT bought a new stake in shares of Keysight Technologies during the first quarter worth $36,000. Finally, WPG Advisers LLC bought a new stake in shares of Keysight Technologies during the first quarter worth $39,000. Institutional investors own 84.58% of the company's stock.

Wall Street Analyst Weigh In

KEYS has been the subject of several research reports. Barclays lowered their price objective on shares of Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating for the company in a research report on Wednesday, August 20th. Wall Street Zen upgraded shares of Keysight Technologies from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 5th. Bank of America lifted 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. Finally, JPMorgan Chase & Co. lifted their price target on shares of Keysight Technologies from $177.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $187.38.

Keysight Technologies Stock Performance

Shares of KEYS traded down $1.81 during midday trading on Friday, reaching $170.56. The stock had a trading volume of 812,094 shares, compared to its average volume of 1,043,938. The firm has a 50 day simple moving average of $164.74 and a 200-day simple moving average of $156.98. Keysight Technologies Inc. has a one year low of $121.43 and a one year high of $186.20. The firm has a market cap of $29.31 billion, a PE ratio of 54.32, a P/E/G ratio of 2.38 and a beta of 1.16. The company has a current ratio of 3.59, a quick ratio of 2.94 and a debt-to-equity ratio of 0.45.

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 company 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 posted $1.57 EPS. The company's quarterly revenue was up 11.1% on a year-over-year basis. 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.

Insider Transactions at Keysight Technologies

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 value of $2,010,589.00. Following the completion of the transaction, the chief financial officer owned 115,228 shares of the company's stock, valued at $18,966,528.80. This trade represents a 9.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Ingrid A. Estrada sold 10,000 shares of Keysight Technologies 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 transaction, the senior vice president directly owned 108,590 shares of the company's stock, valued at approximately $17,262,552.30. This trade represents a 8.43% decrease in their position. The disclosure for this sale can be found here. Company 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.