Keysight Technologies Inc. $KEYS Shares Purchased by AlphaQuest LLC

Key Points

• AlphaQuest LLC increased its investment in Keysight Technologies by 354.1%, holding a total of 20,694 shares valued at approximately $3.39 million.
• Keysight Technologies reported a net margin of 10.36% and a revenue increase of 11.1% year-over-year, with earnings per share surpassing analysts' expectations.
• Analysts have set a consensus price target of $187.38 for Keysight Technologies, with several firms upgrading their ratings and price targets for the stock.

AlphaQuest LLC boosted its holdings in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 354.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 20,694 shares of the scientific and technical instruments company's stock after acquiring an additional 16,137 shares during the period. Keysight Technologies accounts for about 0.3% of AlphaQuest LLC's investment portfolio, making the stock its 17th largest position. AlphaQuest LLC's holdings in Keysight Technologies were worth $3,391,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in KEYS. GAMMA Investing LLC grew its stake in Keysight Technologies by 142.8% in the 1st quarter. GAMMA Investing LLC now owns 5,012 shares of the scientific and technical instruments company's stock valued at $751,000 after acquiring an additional 2,948 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Keysight Technologies by 19.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 12,730 shares of the scientific and technical instruments company's stock valued at $1,906,000 after acquiring an additional 2,106 shares during the last quarter. Asset Management One Co. Ltd. grew its stake in Keysight Technologies by 6.6% in the 1st quarter. Asset Management One Co. Ltd. now owns 80,569 shares of the scientific and technical instruments company's stock valued at $12,067,000 after acquiring an additional 5,008 shares during the last quarter. Archford Capital Strategies LLC grew its stake in Keysight Technologies by 119.6% in the 1st quarter. Archford Capital Strategies LLC now owns 6,070 shares of the scientific and technical instruments company's stock valued at $909,000 after acquiring an additional 3,306 shares during the last quarter. Finally, Pinnacle Bancorp Inc. grew its stake in Keysight Technologies by 14.2% in the 1st quarter. Pinnacle Bancorp Inc. now owns 669 shares of the scientific and technical instruments company's stock valued at $100,000 after acquiring an additional 83 shares during the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Stock Up 1.0%

Shares of NYSE:KEYS opened at $170.09 on Friday. 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 52-week low of $121.43 and a 52-week high of $186.20. The company has a 50 day moving average of $168.59 and a two-hundred day moving average of $160.77. The company has a market capitalization of $29.23 billion, a price-to-earnings ratio of 54.17, a price-to-earnings-growth ratio of 2.30 and a beta of 1.18.

Keysight Technologies (NYSE:KEYS - Get Free Report) last released its quarterly earnings results 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 during the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter last year, the company earned $1.57 earnings per share. The business's quarterly 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. As a group, analysts forecast that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have issued reports on KEYS. Morgan Stanley restated an "equal weight" rating and issued a $180.00 target price on shares of Keysight Technologies in a report on Friday, October 10th. Bank of America upped their target price 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. JPMorgan Chase & Co. upped their target price 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. Wall Street Zen upgraded shares of Keysight Technologies from a "buy" rating to a "strong-buy" rating in a report on Saturday, October 18th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Keysight Technologies in a report on Wednesday, October 8th. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $187.38.

Insider Buying and Selling

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total value of $347,960.00. Following the completion of the transaction, the senior vice president owned 106,590 shares of the company's stock, valued at $18,544,528.20. The trade was a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.61% of the stock is currently owned by corporate insiders.

About Keysight Technologies

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.

Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies Inc. (NYSE:KEYS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.