Petrus Trust Company LTA Sells 1,538 Shares of Keysight Technologies Inc. $KEYS

Key Points

• Petrus Trust Company LTA reduced its stake in Keysight Technologies by 49.1%, holding 1,596 shares worth $239,000 after selling 1,538 shares in the first quarter.
• Several institutional investors increased their holdings in Keysight Technologies, with Vanguard Group acquiring 95,876 additional shares, increasing their total to over 20.9 million shares valued at approximately $3.14 billion.
• Equities analysts have issued varied price targets for Keysight Technologies, with JPMorgan Chase & Co. raising their target from $177 to $200 and maintaining an "overweight" rating as of July 17th.

Petrus Trust Company LTA cut its position in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 49.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 1,596 shares of the scientific and technical instruments company's stock after selling 1,538 shares during the period. Petrus Trust Company LTA's holdings in Keysight Technologies were worth $239,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Keysight Technologies by 0.5% in the first quarter. Vanguard Group Inc. now owns 20,969,511 shares of the scientific and technical instruments company's stock worth $3,140,604,000 after buying an additional 95,876 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Keysight Technologies by 16.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 18,790,100 shares of the scientific and technical instruments company's stock valued at $2,814,195,000 after purchasing an additional 2,675,148 shares during the last quarter. Boston Partners raised its holdings in shares of Keysight Technologies by 7.7% during the first quarter. Boston Partners now owns 4,263,417 shares of the scientific and technical instruments company's stock valued at $636,854,000 after purchasing an additional 305,143 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its stake in Keysight Technologies by 1.0% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,317,700 shares of the scientific and technical instruments company's stock valued at $496,892,000 after buying an additional 33,818 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Keysight Technologies by 9.0% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,593,611 shares of the scientific and technical instruments company's stock valued at $416,612,000 after buying an additional 214,015 shares during the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on KEYS. Barclays decreased their target price on shares of Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating for the company in a research note on Wednesday, August 20th. Wall Street Zen upgraded shares of Keysight Technologies from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 5th. JPMorgan Chase & Co. boosted their target price on shares of Keysight Technologies from $177.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. Finally, Bank of America boosted their target price on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a research note on Wednesday, August 20th. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $187.38.

Keysight Technologies Price Performance

KEYS stock traded up $1.92 during trading on Monday, hitting $172.46. 59,162 shares of the company's stock traded hands, compared to its average volume of 981,707. Keysight Technologies Inc. has a 52 week low of $121.43 and a 52 week high of $186.20. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.94 and a current ratio of 3.59. The business has a fifty day simple moving average of $164.74 and a 200 day simple moving average of $156.98. The stock has a market capitalization of $29.64 billion, a price-to-earnings ratio of 54.97, a P/E/G ratio of 2.38 and a beta of 1.16.

Keysight Technologies (NYSE:KEYS - Get Free Report) last released its quarterly earnings data on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $1.32 billion. During the same quarter last year, the business earned $1.57 earnings per share. Keysight Technologies'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, research analysts expect that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 12,215 shares of the stock in a transaction on Monday, June 30th. The shares were sold at an average price of $164.60, for a total transaction of $2,010,589.00. Following the completion of the transaction, the chief financial officer owned 115,228 shares in the company, valued at $18,966,528.80. This trade represents a 9.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Ingrid A. Estrada sold 10,000 shares of the stock in a transaction on Friday, June 20th. The shares were sold at an average price of $158.97, for a total transaction of $1,589,700.00. Following the transaction, the senior vice president owned 108,590 shares of the company's stock, valued at $17,262,552.30. This trade represents a 8.43% decrease in their position. The disclosure for this sale can be found here. 0.61% of the stock is owned by company 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.