Canada Pension Plan Investment Board Has $15.36 Million Position in Keysight Technologies Inc. $KEYS

Key Points

• Canada Pension Plan Investment Board increased its holdings in Keysight Technologies by 141.8% in Q1, now owning approximately 0.06% of the company valued at $15.36 million.
• Keysight Technologies reported earnings of $1.72 per share, surpassing analysts' expectations of $1.67, alongside a revenue increase of 11.1% compared to the same quarter last year.
• Analysts have a consensus rating of "Moderate Buy" for Keysight Technologies, with an average target price of $187.38, reflecting positive sentiment towards the stock.

Canada Pension Plan Investment Board boosted its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 141.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 102,573 shares of the scientific and technical instruments company's stock after purchasing an additional 60,150 shares during the period. Canada Pension Plan Investment Board owned approximately 0.06% of Keysight Technologies worth $15,362,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Freestone Grove Partners LP purchased a new stake in shares of Keysight Technologies in the 4th quarter valued at approximately $320,000. BNP Paribas grew its position in Keysight Technologies by 34.6% in the 4th quarter. BNP Paribas now owns 4,019 shares of the scientific and technical instruments company's stock worth $646,000 after purchasing an additional 1,034 shares during the last quarter. BLI Banque de Luxembourg Investments acquired a new stake in Keysight Technologies in the 4th quarter worth $3,545,000. Benjamin Edwards Inc. grew its position in Keysight Technologies by 13.5% in the 4th quarter. Benjamin Edwards Inc. now owns 8,472 shares of the scientific and technical instruments company's stock worth $1,361,000 after purchasing an additional 1,008 shares during the last quarter. Finally, Banque Transatlantique SA acquired a new stake in Keysight Technologies in the 4th quarter worth $197,000. 84.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

KEYS has been the subject of a number of analyst reports. Wall Street Zen raised shares of Keysight Technologies from a "buy" rating to a "strong-buy" rating in a report on Friday. Barclays cut their price target on shares of Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating for the company in a report on Wednesday, August 20th. Morgan Stanley lifted their price target on shares of Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a report on Tuesday, May 13th. 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 report 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 report on Thursday, July 17th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, Keysight Technologies currently has an average rating of "Moderate Buy" and an average target price of $187.38.

Insider Buying and Selling at Keysight Technologies

In related news, SVP Ingrid A. Estrada sold 10,000 shares of Keysight Technologies stock in a transaction that occurred on 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 sale, the senior vice president directly owned 108,590 shares of the company's stock, valued at approximately $17,262,552.30. The trade was a 8.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Neil Dougherty sold 12,215 shares of the business's stock in a transaction that occurred on Monday, June 30th. The stock was 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 $18,966,528.80. The trade was a 9.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.61% of the company's stock.

Keysight Technologies Trading Up 0.7%

Shares of KEYS traded up $1.16 on Friday, reaching $168.11. 957,194 shares of the company's stock were exchanged, compared to its average volume of 1,040,006. Keysight Technologies Inc. has a 12 month low of $121.43 and a 12 month high of $186.20. The company has a current ratio of 3.59, a quick ratio of 2.94 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $28.89 billion, a P/E ratio of 53.54, a price-to-earnings-growth ratio of 2.35 and a beta of 1.16. The business has a 50 day moving average price of $163.92 and a two-hundred day moving average price of $157.09.

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 earnings per share (EPS) for the quarter, topping the consensus estimate 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 in the prior 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. Research analysts anticipate 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.