California State Teachers Retirement System Sells 6,653 Shares of Keysight Technologies Inc. $KEYS

California State Teachers Retirement System trimmed its position in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 2.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 263,474 shares of the scientific and technical instruments company's stock after selling 6,653 shares during the period. California State Teachers Retirement System owned 0.15% of Keysight Technologies worth $92,234,343 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Fiduciary Financial Advisors purchased a new position in shares of Keysight Technologies in the second quarter valued at $28,000. IMG Wealth Management Inc. acquired a new position in Keysight Technologies in the second quarter valued at approximately $29,000. Cornerstone Planning Group LLC raised its stake in shares of Keysight Technologies by 36.1% during the 1st quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company's stock worth $32,000 after buying an additional 30 shares in the last quarter. Compass Financial Management LLC acquired a new stake in Keysight Technologies during the second quarter worth approximately $34,000. Finally, Virtus Advisers LLC purchased a new stake in shares of Keysight Technologies during the 2nd quarter valued at about $35,000. Hedge funds and other institutional investors own 84.58% of the company's stock.

Keysight Technologies Stock Down 0.6%

NYSE KEYS traded down $1.93 on Tuesday, reaching $313.04. The company had a trading volume of 543,414 shares, compared to its average volume of 1,423,151. Keysight Technologies Inc. has a 1 year low of $158.79 and a 1 year high of $374.96. The firm has a 50-day moving average of $325.86 and a 200-day moving average of $325.65. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.02 and a quick ratio of 1.62. The firm has a market capitalization of $53.29 billion, a PE ratio of 43.00, a P/E/G ratio of 1.69 and a beta of 1.21.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share for the quarter, beating analysts' consensus estimates of $2.48 by $0.59. The company had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.75 billion. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%.The firm's quarterly revenue was up 36.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.72 EPS. 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, equities research analysts anticipate that Keysight Technologies Inc. will post 10.33 EPS for the current fiscal year.

Analysts Set New Price Targets

KEYS has been the topic of a number of research analyst reports. The Goldman Sachs Group reiterated a "buy" rating on shares of Keysight Technologies in a research note on Wednesday, May 20th. Truist Financial boosted their price objective on Keysight Technologies from $376.00 to $400.00 and gave the company a "hold" rating in a research note on Wednesday, August 19th. Susquehanna upped their price target on shares of Keysight Technologies from $425.00 to $440.00 and gave the company a "positive" rating in a research note on Wednesday, August 19th. Wall Street Zen lowered Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 1st. Finally, Morgan Stanley upped their price target on Keysight Technologies from $400.00 to $425.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 19th. 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. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $392.83.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, SVP Ingrid Estrada sold 2,000 shares of the firm's stock in a transaction on Friday, September 4th. The stock was sold at an average price of $326.10, for a total transaction of $652,200.00. Following the transaction, the senior vice president directly owned 101,861 shares in the company, valued at approximately $33,216,872.10. This trade represents a 1.93% 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, Director Jean Mcclung Nye sold 3,000 shares of the business's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $319.22, for a total transaction of $957,660.00. Following the completion of the sale, the director directly owned 35,752 shares of the company's stock, valued at $11,412,753.44. This represents a 7.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 9,507 shares of company stock worth $3,104,109 over the last three months. 0.40% of the stock is owned by company insiders.

About Keysight Technologies

Keysight Technologies, Inc is a technology company that provides electronic design and test solutions for engineers, manufacturers and service providers. Its products and services help customers design, validate, manufacture and optimize electronic and communications systems across the product life cycle.

The company offers electronic measurement instruments, software and related services for applications including radio-frequency and microwave testing, wireless communications, high-speed digital systems, semiconductor development and power electronics.

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