Keysight Technologies Inc. $KEYS Shares Sold by Bank of America Corp DE

Key Points

• Bank of America reduced its Keysight Technologies position by 9.5% in the second quarter, selling 84,123 shares and retaining 802,700 shares worth approximately $281 million. Institutional investors and hedge funds collectively own 84.58% of the company.
• Keysight reported quarterly EPS of $3.07, beating estimates of $2.48, while revenue rose 36.5% year over year to $1.85 billion. The company issued fourth-quarter fiscal 2026 EPS guidance of $3.34–$3.40.
• Analysts remain broadly positive, with Keysight receiving a “Moderate Buy” consensus rating and an average price target of $392.83; several firms recently raised their targets to between $405 and $440.

Bank of America Corp DE cut its position in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 9.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 802,700 shares of the scientific and technical instruments company's stock after selling 84,123 shares during the quarter. Bank of America Corp DE owned about 0.47% of Keysight Technologies worth $281,001,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Caisse de depot et placement du Quebec bought a new position in Keysight Technologies in the 2nd quarter valued at about $84,130,000. Man Group plc acquired a new position in shares of Keysight Technologies during the second quarter valued at approximately $338,117,000. Jupiter Topco LLC bought a new stake in Keysight Technologies during the second quarter worth approximately $324,535,000. Hsbc Holdings PLC bought a new stake in Keysight Technologies during the second quarter worth approximately $295,814,000. Finally, EFG International AG acquired a new stake in Keysight Technologies in the second quarter worth approximately $198,000. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Trading Up 2.7%

Keysight Technologies stock opened at $321.98 on Thursday. The company has a 50 day moving average price of $326.05 and a 200 day moving average price of $325.85. Keysight Technologies Inc. has a 52 week low of $158.79 and a 52 week high of $374.96. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.62 and a current ratio of 2.02. The firm has a market capitalization of $54.81 billion, a price-to-earnings ratio of 44.23, a P/E/G ratio of 0.99 and a beta of 1.21.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its earnings results 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 company had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.75 billion. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The company's revenue was up 36.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.72 EPS. 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. Research analysts forecast that Keysight Technologies Inc. will post 10.33 EPS for the current year.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Ingrid Estrada sold 2,000 shares of the stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $326.10, for a total value of $652,200.00. Following the completion of the sale, the senior vice president directly owned 101,861 shares of the company's stock, valued at $33,216,872.10. This represents a 1.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jean Mcclung Nye sold 3,000 shares of the firm's stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $319.22, for a total transaction of $957,660.00. Following the sale, the director owned 35,752 shares of the company's stock, valued at approximately $11,412,753.44. This represents a 7.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 9,507 shares of company stock valued at $3,104,109 in the last 90 days. 0.40% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on KEYS. Robert W. Baird increased their price target on Keysight Technologies from $385.00 to $410.00 and gave the company an "outperform" rating in a research note on Wednesday, August 19th. Weiss Ratings raised Keysight Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, August 20th. UBS Group upped their price objective on Keysight Technologies from $420.00 to $440.00 and gave the company a "buy" rating in a report on Wednesday, August 19th. Wells Fargo & Company raised their target price on Keysight Technologies from $390.00 to $405.00 and gave the company an "overweight" rating in a research note on Wednesday, August 19th. Finally, Morgan Stanley lifted their target price on Keysight Technologies from $400.00 to $425.00 and gave the stock an "overweight" rating in a report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Keysight Technologies currently has an average rating of "Moderate Buy" and an average price target of $392.83.

Keysight Technologies Profile

Keysight Technologies, Inc is a technology company that provides electronic design and test solutions for engineers, manufacturers and service providers. Its products and services help customers design, validate, manufacture and optimize electronic and communications systems across the product life cycle.

The company offers electronic measurement instruments, software and related services for applications including radio-frequency and microwave testing, wireless communications, high-speed digital systems, semiconductor development and power electronics.

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