Korea Investment CORP Lowers Position in Keysight Technologies Inc. $KEYS

Key Points

• Korea Investment CORP has reduced its holdings in Keysight Technologies Inc. by 1.8%, selling 1,838 shares, and now owns approximately 100,636 shares valued at $15,072,000.
• The company's stock received several upgrades from analysts, with Morgan Stanley and Bank of America raising their price targets to $180.00 and $179.00, respectively, indicating a consensus rating of "Moderate Buy."
• Keysight Technologies reported a quarterly earnings of $1.72 per share, exceeding expectations and showing a revenue increase of 11.1% year-over-year.

Korea Investment CORP lessened its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 1.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 100,636 shares of the scientific and technical instruments company's stock after selling 1,838 shares during the quarter. Korea Investment CORP owned about 0.06% of Keysight Technologies worth $15,072,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Central Pacific Bank Trust Division increased its stake in Keysight Technologies by 97.8% in the 1st quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company's stock worth $27,000 after acquiring an additional 90 shares during the last quarter. Accent Capital Management LLC bought a new stake in Keysight Technologies in the 1st quarter worth approximately $28,000. Manchester Capital Management LLC increased its stake in Keysight Technologies by 85.0% in the 1st quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company's stock worth $35,000 after acquiring an additional 108 shares during the last quarter. Zions Bancorporation National Association UT bought a new stake in Keysight Technologies in the 1st quarter worth approximately $36,000. Finally, Private Trust Co. NA increased its stake in Keysight Technologies by 39.9% in the 1st quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company's stock worth $39,000 after acquiring an additional 75 shares during the last quarter. Institutional investors own 84.58% of the company's stock.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, SVP John Page sold 7,368 shares of the company's stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $157.78, for a total value of $1,162,523.04. Following the sale, the senior vice president owned 36,986 shares in the company, valued at approximately $5,835,651.08. This represents a 16.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Satish Dhanasekaran sold 658 shares of the company's stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $157.78, for a total value of $103,819.24. Following the completion of the sale, the chief executive officer owned 115,576 shares in the company, valued at approximately $18,235,581.28. This represents a 0.57% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 30,241 shares of company stock worth $4,866,631 in the last ninety days. Corporate insiders own 0.61% of the company's stock.

Wall Street Analyst Weigh In

KEYS has been the topic of a number of research reports. Barclays reduced their price objective on Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating on the stock in a research note on Wednesday, August 20th. Bank of America boosted their target price on Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a research report on Wednesday, August 20th. Morgan Stanley boosted their target price on Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a research report on Tuesday, May 13th. Finally, JPMorgan Chase & Co. boosted their target price on Keysight Technologies from $177.00 to $200.00 and gave the company an "overweight" rating in a research report on Thursday, July 17th. Seven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $187.38.

Keysight Technologies Stock Up 0.5%

Shares of KEYS stock traded up $0.79 during mid-day trading on Wednesday, hitting $165.18. The stock had a trading volume of 135,725 shares, compared to its average volume of 986,875. Keysight Technologies Inc. has a 12-month low of $121.43 and a 12-month high of $186.20. The firm has a market capitalization of $28.43 billion, a P/E ratio of 52.50, a price-to-earnings-growth ratio of 2.33 and a beta of 1.11. The firm's 50-day moving average is $163.45 and its two-hundred day moving average is $157.96. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94.

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

Keysight Technologies Profile

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.