KLP Kapitalforvaltning AS Raises Stock Position in Keysight Technologies Inc. $KEYS

Key Points

• KLP Kapitalforvaltning AS has increased its position in Keysight Technologies by 4.2%, now holding 59,300 shares valued at approximately $9.7 million.
• Multiple institutional investors have raised their stakes in Keysight Technologies, with Assenagon Asset Management increasing its holdings by a significant 365.3%.
• Keysight Technologies has reported better-than-expected quarterly earnings with an EPS of $1.72, surpassing estimates and reflecting a 11.1% increase in revenue year-over-year.

KLP Kapitalforvaltning AS increased its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 4.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,300 shares of the scientific and technical instruments company's stock after purchasing an additional 2,400 shares during the period. KLP Kapitalforvaltning AS's holdings in Keysight Technologies were worth $9,717,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in KEYS. UMB Bank n.a. raised its holdings in shares of Keysight Technologies by 25.9% during the first quarter. UMB Bank n.a. now owns 1,225 shares of the scientific and technical instruments company's stock worth $183,000 after purchasing an additional 252 shares during the last quarter. Capital Investment Advisors LLC increased its holdings in Keysight Technologies by 50.5% in the first quarter. Capital Investment Advisors LLC now owns 2,002 shares of the scientific and technical instruments company's stock valued at $300,000 after buying an additional 672 shares in the last quarter. GAMMA Investing LLC increased its holdings in Keysight Technologies by 142.8% in the first quarter. GAMMA Investing LLC now owns 5,012 shares of the scientific and technical instruments company's stock valued at $751,000 after buying an additional 2,948 shares in the last quarter. Integrated Advisors Network LLC increased its holdings in Keysight Technologies by 4.8% in the first quarter. Integrated Advisors Network LLC now owns 1,847 shares of the scientific and technical instruments company's stock valued at $277,000 after buying an additional 85 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its holdings in Keysight Technologies by 365.3% in the first quarter. Assenagon Asset Management S.A. now owns 101,362 shares of the scientific and technical instruments company's stock valued at $15,181,000 after buying an additional 79,578 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on KEYS. Wall Street Zen cut shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 20th. JPMorgan Chase & Co. lifted their price objective on shares of Keysight Technologies from $177.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Keysight Technologies in a report on Wednesday. Bank of America lifted their price objective on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a report on Wednesday, August 20th. Finally, Barclays cut their price objective on shares of Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating for the company in a report on Wednesday, August 20th. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $187.38.

Insiders Place Their Bets

In related news, SVP Ingrid A. Estrada sold 2,000 shares of the business's stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total transaction of $347,960.00. Following the transaction, the senior vice president directly owned 106,590 shares in the company, valued at approximately $18,544,528.20. The trade was a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.61% of the company's stock.

Keysight Technologies Stock Down 0.6%

Shares of NYSE KEYS opened at $171.15 on Friday. The company's 50-day simple moving average is $168.37 and its 200-day simple moving average is $159.54. Keysight Technologies Inc. has a 52-week low of $121.43 and a 52-week high of $186.20. The firm has a market cap of $29.41 billion, a price-to-earnings ratio of 54.51, a price-to-earnings-growth ratio of 2.40 and a beta of 1.18. The company has a quick ratio of 2.94, a current ratio of 3.59 and a debt-to-equity ratio of 0.45.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its quarterly earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, topping analysts' consensus estimates of $1.67 by $0.05. The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. Keysight Technologies's quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.57 earnings per share. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. Equities analysts predict that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

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.

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