Keysight Technologies Inc. $KEYS Shares Sold by Bank Julius Baer & Co. Ltd Zurich

Key Points

• Bank Julius Baer reduced its Keysight Technologies position by 25.3% in the third quarter, selling 14,287 shares and retaining 42,102 shares valued at approximately $15.3 million.
• Institutional investors own 84.58% of KEYS, with BlackRock initiating a major stake and State Street, Amundi, and Allspring increasing their holdings.
• Keysight reported quarterly EPS of $3.07, beating estimates by $0.59, while revenue rose 36.5% year over year to $1.85 billion. Analysts maintain a “Moderate Buy” consensus with an average price target of $401.42.

Bank Julius Baer & Co. Ltd Zurich trimmed its position in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 25.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 42,102 shares of the scientific and technical instruments company's stock after selling 14,287 shares during the period. Bank Julius Baer & Co. Ltd Zurich's holdings in Keysight Technologies were worth $15,308,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of KEYS. BlackRock Inc. purchased a new stake in shares of Keysight Technologies during the second quarter worth approximately $7,030,806,000. State Street Corp lifted its holdings in Keysight Technologies by 3.4% in the 2nd quarter. State Street Corp now owns 8,270,708 shares of the scientific and technical instruments company's stock valued at $2,895,327,000 after purchasing an additional 273,042 shares in the last quarter. Amundi boosted its stake in Keysight Technologies by 12.1% during the 1st quarter. Amundi now owns 2,224,264 shares of the scientific and technical instruments company's stock worth $628,065,000 after purchasing an additional 240,167 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its stake in Keysight Technologies by 4.7% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,005,409 shares of the scientific and technical instruments company's stock worth $581,248,000 after purchasing an additional 90,263 shares during the last quarter. Finally, Legal & General Group Plc purchased a new stake in shares of Keysight Technologies during the second quarter worth $464,017,000. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $298.69 on Tuesday. Keysight Technologies Inc. has a 52 week low of $167.23 and a 52 week high of $389.93. The company has a fifty day simple moving average of $340.57 and a two-hundred day simple moving average of $315.80. 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 company has a market cap of $50.85 billion, a price-to-earnings ratio of 41.03, a price-to-earnings-growth ratio of 1.06 and a beta of 1.17.

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, beating the consensus estimate of $2.48 by $0.59. The business had revenue of $1.85 billion for the quarter, compared to analysts' expectations of $1.75 billion. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%. The company's revenue for the quarter was up 36.5% compared to the same quarter last year. During the same period last year, the firm earned $1.72 earnings per share. 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, equities analysts anticipate that Keysight Technologies Inc. will post 10.33 earnings per share for the current fiscal year.

Insider Activity at Keysight Technologies

In related news, SVP Ingrid A. Estrada sold 2,000 shares of the company's stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $326.10, for a total transaction of $652,200.00. Following the sale, the senior vice president directly owned 101,861 shares in the company, valued at approximately $33,216,872.10. This represents a 1.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Neil Dougherty sold 2,000 shares of the firm's stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $340.79, for a total transaction of $681,580.00. Following the completion of the sale, the chief financial officer directly owned 123,390 shares in the company, valued at approximately $42,050,078.10. This trade represents a 1.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 12,200 shares of company stock worth $4,082,752 over the last quarter. 0.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

KEYS has been the subject of a number of recent analyst reports. Barclays raised their price target on shares of Keysight Technologies from $387.00 to $429.00 and gave the stock an "overweight" rating in a report on Wednesday, August 19th. Truist Financial upped their price target on Keysight Technologies from $376.00 to $400.00 and gave the stock a "hold" rating in a research note on Wednesday, August 19th. Zacks Research lowered Keysight Technologies from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 19th. The Goldman Sachs Group lifted their price objective on Keysight Technologies from $452.00 to $487.00 and gave the company a "buy" rating in a research note on Tuesday, October 6th. Finally, Wall Street Zen downgraded Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 1st. Eleven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $401.42.

Keysight Technologies Company Profile

Keysight Technologies, Inc NYSE: KEYS provides electronic design and test solutions used to develop, validate, and optimize communications systems, electronic devices, and other technologies. Its customers include companies in the communications, aerospace and defense, automotive, semiconductor, electronics, energy, education, and government sectors.

The company's product portfolio includes electronic test and measurement instruments, software, network test and visibility solutions, radio-frequency and microwave systems, oscilloscopes, signal analyzers, wireless and wireline test platforms, and cybersecurity testing tools.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.