Keysight Technologies Inc. $KEYS Shares Sold by Alyeska Investment Group L.P.

Key Points

• Alyeska Investment Group reduced its Keysight Technologies stake by 26.4% in the second quarter, selling 51,637 shares and retaining 143,715 shares valued at approximately $50.3 million. Institutional investors collectively own 84.58% of the company.
• Keysight reported strong quarterly results, with EPS of $3.07 versus the $2.48 consensus and revenue of $1.85 billion, up 36.5% year over year. The company issued fiscal 2026 EPS guidance of $11.46.
• Analyst sentiment remains favorable: Morgan Stanley, JPMorgan and UBS raised their price targets to $425, $425 and $440, respectively. The stock has a consensus “Moderate Buy” rating and an average target price of $392.83.

Alyeska Investment Group L.P. cut its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 26.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 143,715 shares of the scientific and technical instruments company's stock after selling 51,637 shares during the period. Alyeska Investment Group L.P. owned approximately 0.08% of Keysight Technologies worth $50,310,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Allworth Financial LP acquired a new stake in Keysight Technologies during the 2nd quarter worth about $2,316,000. Findlay Park Partners LLP acquired a new position in shares of Keysight Technologies in the second quarter worth about $157,137,000. Oppenheimer Asset Management Inc. purchased a new position in shares of Keysight Technologies in the second quarter worth approximately $11,917,000. Jefferies Financial Group Inc. acquired a new stake in shares of Keysight Technologies during the fourth quarter valued at approximately $9,739,000. Finally, Sequoia Financial Advisors LLC raised its holdings in shares of Keysight Technologies by 11.1% during the fourth quarter. Sequoia Financial Advisors LLC now owns 39,009 shares of the scientific and technical instruments company's stock valued at $7,926,000 after acquiring an additional 3,882 shares during the period. 84.58% of the stock is currently owned by institutional investors.

Insider Transactions at Keysight Technologies

In related news, Director James Cullen sold 3,000 shares of the firm's stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $346.58, for a total transaction of $1,039,740.00. Following the transaction, the director owned 21,821 shares of the company's stock, valued at approximately $7,562,722.18. This trade represents a 12.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jean Mcclung Nye sold 3,000 shares of Keysight Technologies stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $319.22, for a total transaction of $957,660.00. Following the completion of the sale, the director owned 35,752 shares of the company's stock, valued at $11,412,753.44. This trade represents a 7.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 10,507 shares of company stock valued at $3,491,649 over the last 90 days. Company insiders own 0.40% of the company's stock.

Keysight Technologies Trading Down 0.1%

Keysight Technologies stock opened at $319.58 on Monday. Keysight Technologies Inc. has a 12 month low of $158.79 and a 12 month high of $374.96. The company has a quick ratio of 1.62, a current ratio of 2.02 and a debt-to-equity ratio of 0.28. The stock has a market cap of $54.62 billion, a P/E ratio of 43.90, a P/E/G ratio of 1.64 and a beta of 1.22. The company's fifty day simple moving average is $329.16 and its 200-day simple moving average is $319.24.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.59. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%.The business had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.75 billion. During the same period last year, the company earned $1.72 earnings per share. Keysight Technologies's quarterly revenue was up 36.5% compared to the same quarter last year. 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. As a group, sell-side analysts forecast that Keysight Technologies Inc. will post 10.03 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Morgan Stanley raised their price objective on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 19th. The Goldman Sachs Group restated a "buy" rating on shares of Keysight Technologies in a report on Wednesday, May 20th. Weiss Ratings raised Keysight Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, August 20th. JPMorgan Chase & Co. lifted their price target on Keysight Technologies from $400.00 to $425.00 and gave the company an "overweight" rating in a report on Wednesday, August 19th. Finally, UBS Group lifted their price target on Keysight Technologies from $420.00 to $440.00 and gave the company a "buy" rating in a report on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $392.83.

Keysight Technologies Company Profile

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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