Keysight Technologies Inc. $KEYS Position Reduced by US Bancorp DE

Key Points

• US Bancorp DE has reduced its stake in Keysight Technologies by 6.7%, now holding 46,343 shares valued at approximately $7.59 million.
• Several large investors have increased their positions, with Vanguard Group Inc. and Price T Rowe Associates Inc. MD boosting their stakes by 0.5% and 16.6%, respectively.
• The stock has declined by 6.8% recently and currently has an average price target of $187.38, with analysts maintaining a "Moderate Buy" rating.

US Bancorp DE trimmed its stake in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 6.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 46,343 shares of the scientific and technical instruments company's stock after selling 3,311 shares during the quarter. US Bancorp DE's holdings in Keysight Technologies were worth $7,594,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Keysight Technologies by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 20,969,511 shares of the scientific and technical instruments company's stock valued at $3,140,604,000 after acquiring an additional 95,876 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Keysight Technologies by 16.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 18,790,100 shares of the scientific and technical instruments company's stock valued at $2,814,195,000 after acquiring an additional 2,675,148 shares during the last quarter. Boston Partners lifted its position in shares of Keysight Technologies by 7.7% in the 1st quarter. Boston Partners now owns 4,263,417 shares of the scientific and technical instruments company's stock worth $636,854,000 after buying an additional 305,143 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its position in shares of Keysight Technologies by 1.0% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,317,700 shares of the scientific and technical instruments company's stock worth $496,892,000 after buying an additional 33,818 shares during the last quarter. Finally, Invesco Ltd. lifted its position in shares of Keysight Technologies by 2.4% in the 1st quarter. Invesco Ltd. now owns 2,273,896 shares of the scientific and technical instruments company's stock worth $340,561,000 after buying an additional 53,846 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on KEYS shares. Weiss Ratings restated a "hold (c)" rating on shares of Keysight Technologies in a research report on Wednesday, October 8th. Morgan Stanley restated an "equal weight" rating and issued a $180.00 price target on shares of Keysight Technologies in a research report on Friday. Barclays reduced their price target on shares of Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 20th. Bank of America raised their price target on shares of Keysight Technologies from $175.00 to $179.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 20th. Finally, Wall Street Zen downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, September 20th. Six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Keysight Technologies has an average rating of "Moderate Buy" and an average price target of $187.38.

Keysight Technologies Stock Down 6.8%

KEYS stock opened at $159.39 on Monday. The company has a quick ratio of 2.94, a current ratio of 3.59 and a debt-to-equity ratio of 0.45. Keysight Technologies Inc. has a fifty-two week low of $121.43 and a fifty-two week high of $186.20. The firm's 50-day simple moving average is $168.39 and its 200 day simple moving average is $159.59. The stock has a market cap of $27.39 billion, a PE ratio of 50.76, a price-to-earnings-growth ratio of 2.22 and a beta of 1.18.

Keysight Technologies (NYSE:KEYS - Get Free Report) last released its quarterly earnings data on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, topping 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 business had revenue of $1.35 billion for the quarter, compared to analysts' expectations of $1.32 billion. During the same quarter last year, the company earned $1.57 EPS. The company's revenue for the quarter 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, sell-side analysts predict that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the firm's stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total transaction of $347,960.00. Following the transaction, the senior vice president owned 106,590 shares of the company's stock, valued at approximately $18,544,528.20. This trade represents a 1.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.61% of the stock is currently owned by company insiders.

Keysight Technologies Company 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.

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