Keysight Technologies Inc. $KEYS Stock Purchased by Assenagon Asset Management S.A.

Key Points

• Assenagon Asset Management increased its Keysight stake by 51.6% in the third quarter, adding 298,685 shares to reach 877,071 shares worth approximately $319.3 million. Institutional investors collectively own 84.58% of the company.
• Keysight recently reported quarterly revenue of $1.85 billion and earnings of $3.07 per share, exceeding analyst estimates, while revenue rose 36.5% year over year. Shares opened at $342.30, with a market capitalization of about $58.27 billion.
• The company is targeting AI data-center growth through new 1.6-terabit Ethernet and copper-interconnect testing platforms. Analysts maintain a “Moderate Buy” consensus, with an average price target of $401.42, while investors await the next results report scheduled for November 23.

Assenagon Asset Management S.A. increased its holdings in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 51.6% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 877,071 shares of the scientific and technical instruments company's stock after buying an additional 298,685 shares during the period. Assenagon Asset Management S.A. owned 0.52% of Keysight Technologies worth $319,289,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new position in Keysight Technologies in the 2nd quarter worth about $7,030,806,000. Legal & General Group Plc bought a new stake in shares of Keysight Technologies during the 2nd quarter valued at about $464,017,000. Deutsche Bank AG bought a new stake in shares of Keysight Technologies during the 2nd quarter valued at about $361,977,000. Man Group plc bought a new stake in shares of Keysight Technologies during the 2nd quarter valued at about $338,117,000. Finally, Jupiter Topco LLC purchased a new position in shares of Keysight Technologies during the second quarter worth about $324,535,000. Hedge funds and other institutional investors own 84.58% of the company's stock.

Keysight Technologies Price Performance

Shares of Keysight Technologies stock opened at $342.30 on Friday. The company has a current ratio of 2.02, a quick ratio of 1.62 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $58.27 billion, a PE ratio of 47.02, a price-to-earnings-growth ratio of 1.13 and a beta of 1.17. The business's 50-day moving average price is $343.86 and its 200-day moving average price is $336.94. Keysight Technologies Inc. has a 12 month low of $161.16 and a 12 month high of $389.93.

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 for the quarter, topping analysts' consensus estimates of $2.48 by $0.59. The firm had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.75 billion. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The business's quarterly revenue was up 36.5% on a year-over-year basis. During the same period in the previous year, the business posted $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. Sell-side analysts forecast that Keysight Technologies Inc. will post 10.33 EPS for the current fiscal year.

Keysight Technologies News Summary

Here are the key news stories impacting Keysight Technologies this week:

• Positive Sentiment: Keysight launched 1.6-terabit Ethernet test platforms designed for AI data centers. The products target rising demand for high-speed networking validation as data-center operators expand AI infrastructure, potentially creating new growth opportunities for the company. Keysight Launches 1.6T Ethernet Test Platforms for AI Data Centers
• Positive Sentiment: Keysight expanded its Functional Interconnect Test Solutions portfolio with a 16-channel digital-layer error-performance validation system for active and passive 1.6T copper interconnects. The offering strengthens its position in testing equipment for scale-out data centers and next-generation AI networking. Keysight Expands Active and Passive 1.6T Copper Interconnect Validation
• Neutral Sentiment: Keysight is scheduled to report results on November 23. The event is the next major potential catalyst, with investors likely looking for evidence that AI and data-center demand is translating into revenue growth and updated guidance. November 23 Results Set for Keysight Technologies Stock
• Neutral Sentiment: Call-option activity rose sharply, with traders purchasing 3,779 calls versus an average daily volume of 1,432. This indicates increased bullish speculation, but options activity alone does not confirm sustained buying in the stock.
• Neutral Sentiment: Coverage comparing Keysight with Vontier and a premarket pricing update provided limited new company-specific information. The current decline therefore appears driven more by trading sentiment and investor caution ahead of earnings than by a newly reported operational setback.

Insider Buying and Selling

In other news, Director Jean Mcclung Nye sold 3,000 shares of the business'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 value of $957,660.00. Following the sale, the director directly owned 35,752 shares of the company's stock, valued at $11,412,753.44. The trade was a 7.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Neil Dougherty sold 2,000 shares of the company's stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $340.79, for a total value of $681,580.00. Following the completion of the sale, the chief financial officer owned 123,390 shares in the company, valued at $42,050,078.10. The trade was a 1.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 12,200 shares of company stock valued at $4,082,752 over the last 90 days. 0.40% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently commented on KEYS. JPMorgan Chase & Co. boosted their price objective on Keysight Technologies from $400.00 to $425.00 and gave the stock an "overweight" rating in a report on Wednesday, August 19th. Weiss Ratings raised shares of Keysight Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, August 20th. Wall Street Zen downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 1st. Susquehanna lifted their target price on shares of Keysight Technologies from $425.00 to $440.00 and gave the company a "positive" rating in a research report on Wednesday, August 19th. Finally, Citigroup reiterated a "buy" rating on shares of Keysight Technologies in a research 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 issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $401.42.

About Keysight Technologies

Keysight Technologies, Inc is a technology company that provides electronic design and test solutions for communications, aerospace and defense, automotive, semiconductor, energy, and other industries. Its products and services help engineers design, validate, manufacture, and optimize electronic systems and communications networks.

The company offers test and measurement instruments, software, network test and visibility solutions, simulation and modeling tools, cybersecurity testing capabilities, and related technical services.

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