Keysight Technologies Inc. $KEYS Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Key Points

• Mirae Asset Global Investments has increased its stake in Keysight Technologies by 7.6%, owning 22,846 shares valued at approximately $3.74 million.
• Keysight Technologies reported a quarterly EPS of $1.72, exceeding estimates, and revenue of $1.35 billion, marking an 11.1% year-over-year increase.
• Brokerage firms like JPMorgan and Bank of America have raised their price targets for Keysight Technologies, indicating positive sentiment towards the stock's future performance.

Mirae Asset Global Investments Co. Ltd. increased its position in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 7.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,846 shares of the scientific and technical instruments company's stock after purchasing an additional 1,620 shares during the quarter. Mirae Asset Global Investments Co. Ltd.'s holdings in Keysight Technologies were worth $3,744,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Accent Capital Management LLC purchased a new stake in shares of Keysight Technologies during the first quarter worth $28,000. Manchester Capital Management LLC boosted its position in 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 during the last quarter. Zions Bancorporation National Association UT purchased a new stake in Keysight Technologies during the 1st quarter valued at about $36,000. Private Trust Co. NA raised its holdings in Keysight Technologies by 39.9% in the 1st quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company's stock valued at $39,000 after acquiring an additional 75 shares during the last quarter. Finally, WPG Advisers LLC purchased a new position in Keysight Technologies in the 1st quarter worth approximately $39,000. Hedge funds and other institutional investors own 84.58% of the company's stock.

Keysight Technologies Trading Up 0.0%

Shares of KEYS stock opened at $173.43 on Tuesday. Keysight Technologies Inc. has a 1-year low of $121.43 and a 1-year high of $186.20. The firm has a market cap of $29.80 billion, a PE ratio of 55.23, a price-to-earnings-growth ratio of 2.42 and a beta of 1.18. The company has a 50-day moving average of $168.07 and a two-hundred day moving average of $159.29. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 EPS for the quarter, topping the consensus estimate of $1.67 by $0.05. The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. The business's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.57 EPS. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. On average, analysts predict that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on KEYS. JPMorgan Chase & Co. lifted their price objective on Keysight Technologies from $177.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday, July 17th. Barclays reduced their price target on Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating on the stock in a report on Wednesday, August 20th. Weiss Ratings reissued a "hold (c)" rating on shares of Keysight Technologies in a research report on Saturday, September 27th. Bank of America raised their price objective 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 note on Saturday, September 20th. Seven analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $187.38.

Insider Buying and Selling at Keysight Technologies

In related news, SVP Ingrid A. Estrada sold 2,000 shares of the business's stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total value of $347,960.00. Following the sale, the senior vice president owned 106,590 shares in the company, valued at approximately $18,544,528.20. The trade was a 1.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.61% of the company's stock.

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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