Keysight Technologies Inc. $KEYS Shares Bought by Intech Investment Management LLC

Key Points

• Intech Investment Management increased its stake in Keysight Technologies by 409.9% in the fourth quarter, ending with 83,461 shares valued at about $16.96 million.
• Keysight reported better-than-expected quarterly earnings, with EPS of $2.87 versus the $2.32 consensus and revenue of $1.72 billion, up 31.5% year over year.
• Analysts remain constructive on the stock, with several firms raising price targets and the overall rating sitting at Moderate Buy with an average target price of $371.92.

Intech Investment Management LLC grew its holdings in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 409.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,461 shares of the scientific and technical instruments company's stock after purchasing an additional 67,094 shares during the quarter. Intech Investment Management LLC's holdings in Keysight Technologies were worth $16,958,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the stock. Optiver Holding B.V. acquired a new position in shares of Keysight Technologies in the third quarter worth $35,000. Entrust Financial LLC acquired a new stake in shares of Keysight Technologies during the fourth quarter valued at $45,000. Atlantic Union Bankshares Corp boosted its stake in shares of Keysight Technologies by 36.2% during the third quarter. Atlantic Union Bankshares Corp now owns 286 shares of the scientific and technical instruments company's stock valued at $50,000 after acquiring an additional 76 shares during the last quarter. Atlantic Edge Private Wealth Management LLC increased its position in Keysight Technologies by 497.7% during the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 257 shares of the scientific and technical instruments company's stock worth $52,000 after purchasing an additional 214 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in Keysight Technologies by 66.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company's stock valued at $59,000 after purchasing an additional 157 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Keysight Technologies news, SVP Jeffrey K. Li sold 2,000 shares of the company's stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $297.19, for a total value of $594,380.00. Following the completion of the transaction, the senior vice president owned 34,499 shares in the company, valued at approximately $10,252,757.81. This represents a 5.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Neil Dougherty sold 2,000 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $298.37, for a total value of $596,740.00. Following the sale, the chief financial officer directly owned 125,272 shares in the company, valued at approximately $37,377,406.64. This trade represents a 1.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 37,334 shares of company stock worth $10,753,450 over the last ninety days. Insiders own 0.40% of the company's stock.

Keysight Technologies Stock Down 2.5%

Shares of NYSE:KEYS opened at $339.08 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.51 and a current ratio of 1.90. The company's fifty day moving average is $326.52 and its two-hundred day moving average is $259.75. Keysight Technologies Inc. has a 1-year low of $152.85 and a 1-year high of $370.17. The stock has a market capitalization of $58.15 billion, a price-to-earnings ratio of 55.77, a price-to-earnings-growth ratio of 2.17 and a beta of 1.26.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, beating analysts' consensus estimates of $2.32 by $0.55. The company had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.71 billion. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.Keysight Technologies's quarterly revenue was up 31.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.70 earnings per share. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. Equities analysts anticipate that Keysight Technologies Inc. will post 8.26 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on KEYS shares. Morgan Stanley lifted their price target on shares of Keysight Technologies from $305.00 to $350.00 and gave the stock an "equal weight" rating in a report on Wednesday, May 20th. Susquehanna boosted their target price on shares of Keysight Technologies from $415.00 to $425.00 and gave the company a "positive" rating in a report on Wednesday, May 20th. Wall Street Zen raised Keysight Technologies from a "hold" rating to a "buy" rating in a research report on Saturday, February 28th. JPMorgan Chase & Co. boosted their price objective on shares of Keysight Technologies from $360.00 to $390.00 and gave the stock an "overweight" rating in a research note on Thursday, May 21st. Finally, Barclays increased their price target on Keysight Technologies from $320.00 to $387.00 and gave the company an "overweight" rating in a report on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $371.92.

About Keysight Technologies

Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.

Keysight's product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.

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