Keysight Technologies Inc. $KEYS Stock: Weybosset Research & Management LLC Lowers Holdings

Key Points

• Weybosset Research & Management reduced its Keysight Technologies stake by 3.8% in the third quarter, selling 3,745 shares. The firm still held 94,894 shares worth approximately $34.5 million, representing about 10% of its portfolio.
• Institutional investors and hedge funds own 84.58% of Keysight, while company insiders sold 12,200 shares worth roughly $4.1 million during the latest quarter.
• Keysight reported stronger-than-expected quarterly results, with $3.07 in EPS and $1.85 billion in revenue, up 36.5% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $401.42.

Weybosset Research & Management LLC trimmed its holdings in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 3.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 94,894 shares of the scientific and technical instruments company's stock after selling 3,745 shares during the period. Keysight Technologies comprises about 10.0% of Weybosset Research & Management LLC's holdings, making the stock its largest position. Weybosset Research & Management LLC owned approximately 0.06% of Keysight Technologies worth $34,545,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in KEYS. BlackRock Inc. acquired a new stake in shares of Keysight Technologies in the 2nd quarter worth about $7,030,806,000. State Street Corp lifted its position 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 acquiring 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 valued at $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 valued at $581,248,000 after purchasing an additional 90,263 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Keysight Technologies by 1.3% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,550,122 shares of the scientific and technical instruments company's stock valued at $437,708,000 after purchasing an additional 20,325 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Keysight Technologies news, VP Lisa Poole sold 200 shares of the business's stock in a transaction dated Wednesday, September 23rd. The shares were sold at an average price of $348.01, for a total value of $69,602.00. Following the transaction, the vice president directly owned 6,134 shares in the company, valued at $2,134,693.34. The trade was a 3.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 transaction of $652,200.00. Following the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 12,200 shares of company stock valued at $4,082,752. Company insiders own 0.40% of the company's stock.

Keysight Technologies Stock Down 0.1%

KEYS stock opened at $330.72 on Monday. The stock has a market cap of $56.30 billion, a P/E ratio of 45.43, a P/E/G ratio of 1.04 and a beta of 1.17. 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 stock's fifty day simple moving average is $343.65 and its two-hundred day simple moving average is $337.37. Keysight Technologies Inc. has a 1-year low of $161.16 and a 1-year high of $389.93.

Keysight Technologies (NYSE:KEYS - Get Free Report) last released its earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, topping analysts' consensus estimates of $2.48 by $0.59. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%. The company had revenue of $1.85 billion for the quarter, compared to analysts' expectations of $1.75 billion. During the same period in the previous year, the business posted $1.72 EPS. The business's revenue for the quarter 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. Analysts expect that Keysight Technologies Inc. will post 10.33 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on KEYS shares. Morgan Stanley 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. Truist Financial raised their target price on Keysight Technologies from $376.00 to $400.00 and gave the company a "hold" rating in a report on Wednesday, August 19th. The Goldman Sachs Group raised their target price on Keysight Technologies from $452.00 to $487.00 and gave the company a "buy" rating in a report on Tuesday, October 6th. Barclays lifted their target price on Keysight Technologies from $387.00 to $429.00 and gave the company an "overweight" rating in a research report on Wednesday, August 19th. Finally, UBS Group lifted their target price on Keysight Technologies from $420.00 to $440.00 and gave the company a "buy" rating in a research 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 given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $401.42.

Keysight Technologies 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.

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