Landscape Capital Management L.L.C. Purchases New Position in Keysight Technologies Inc. $KEYS

Key Points

• Landscape Capital Management L.L.C. has acquired a new stake in Keysight Technologies Inc., purchasing 4,831 shares valued at approximately $724,000.
• Keysight Technologies reported a quarterly earnings per share (EPS) of $1.72, exceeding analysts' expectations and showing an 11.1% increase in revenue compared to the previous year.
• Analysts have varying price targets for Keysight Technologies, with JPMorgan Chase & Co. raising their target from $177.00 to $200.00, rating the stock as "overweight."

Landscape Capital Management L.L.C. bought a new position in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 4,831 shares of the scientific and technical instruments company's stock, valued at approximately $724,000.

Several other hedge funds have also modified their holdings of KEYS. Central Pacific Bank Trust Division lifted 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 valued at $27,000 after buying an additional 90 shares in the last quarter. Accent Capital Management LLC purchased a new position in Keysight Technologies in the 1st quarter valued at about $28,000. Manchester Capital Management LLC lifted 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 valued at $35,000 after buying an additional 108 shares in the last quarter. Zions Bancorporation National Association UT purchased a new position in Keysight Technologies in the 1st quarter valued at about $36,000. Finally, Private Trust Co. NA lifted 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 valued at $39,000 after buying an additional 75 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

KEYS has been the topic of a number of research reports. Bank of America raised their price target 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. JPMorgan Chase & Co. raised their price target 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. Barclays decreased their price target on shares of Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating on the stock in a research note on Wednesday, August 20th. Finally, Morgan Stanley raised their price target on shares of Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a research note on Tuesday, May 13th. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $187.38.

Keysight Technologies Price Performance

KEYS stock traded up $1.13 during mid-day trading on Thursday, reaching $166.45. The company's stock had a trading volume of 306,125 shares, compared to its average volume of 986,488. The stock has a market cap of $28.65 billion, a PE ratio of 53.01, a P/E/G ratio of 2.29 and a beta of 1.16. The company has a current ratio of 3.59, a quick ratio of 2.94 and a debt-to-equity ratio of 0.45. Keysight Technologies Inc. has a fifty-two week low of $121.43 and a fifty-two week high of $186.20. The company's 50 day moving average is $163.81 and its two-hundred day moving average is $157.51.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its quarterly earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.67 by $0.05. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. The business's revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the firm earned $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. Equities research analysts expect that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Insider Activity at Keysight Technologies

In other news, SVP Ingrid A. Estrada sold 10,000 shares of Keysight Technologies stock in a transaction that occurred 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 sale, the senior vice president owned 108,590 shares of the company's stock, valued at approximately $17,262,552.30. The trade was a 8.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Neil Dougherty sold 12,215 shares of Keysight Technologies stock in a transaction that occurred 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 sale, the chief financial officer directly owned 115,228 shares in the company, valued at approximately $18,966,528.80. The trade was a 9.58% decrease in their position. The disclosure for this sale can be found here. 0.61% of the stock is currently owned by 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.