Leith Wheeler Investment Counsel Ltd. Has $7.57 Million Holdings in Keysight Technologies Inc. $KEYS

Key Points

• Leith Wheeler Investment Counsel Ltd. has reduced its shares in Keysight Technologies by 46.9% in the second quarter, holding 46,173 shares valued at approximately $7.57 million.
• Keysight Technologies reported a quarterly revenue increase of 11.1% year-over-year, with earnings per share of $1.72, slightly above analyst expectations of $1.67.
• Various institutional investors have recently adjusted their positions in Keysight Technologies, indicating a mixed trend among institutional ownership, which stands at 84.58% of the company's stock.

Leith Wheeler Investment Counsel Ltd. lessened its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 46.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,173 shares of the scientific and technical instruments company's stock after selling 40,803 shares during the quarter. Leith Wheeler Investment Counsel Ltd.'s holdings in Keysight Technologies were worth $7,566,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of KEYS. GAMMA Investing LLC increased its position in Keysight Technologies by 142.8% during the first quarter. GAMMA Investing LLC now owns 5,012 shares of the scientific and technical instruments company's stock worth $751,000 after buying an additional 2,948 shares during the last quarter. Integrated Advisors Network LLC increased its position in Keysight Technologies by 4.8% during the first quarter. Integrated Advisors Network LLC now owns 1,847 shares of the scientific and technical instruments company's stock worth $277,000 after buying an additional 85 shares during the last quarter. Fifth Third Bancorp increased its position in Keysight Technologies by 1.1% during the first quarter. Fifth Third Bancorp now owns 16,279 shares of the scientific and technical instruments company's stock worth $2,438,000 after buying an additional 178 shares during the last quarter. NorthCrest Asset Manangement LLC increased its position in Keysight Technologies by 5.8% during the first quarter. NorthCrest Asset Manangement LLC now owns 3,386 shares of the scientific and technical instruments company's stock worth $507,000 after buying an additional 186 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in Keysight Technologies by 19.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 12,730 shares of the scientific and technical instruments company's stock worth $1,906,000 after buying an additional 2,106 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

Keysight Technologies Trading Down 6.8%

Shares of KEYS stock opened at $159.39 on Monday. The stock has a 50 day simple moving average of $168.39 and a 200 day simple moving average of $159.59. 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 1 year low of $121.43 and a 1 year high of $186.20. The stock has a market cap of $27.39 billion, a P/E ratio of 50.76, a price-to-earnings-growth ratio of 2.22 and a beta of 1.18.

Keysight Technologies (NYSE:KEYS - Get Free Report) last released its earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.05. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The firm had revenue of $1.35 billion during the quarter, compared to analysts' expectations of $1.32 billion. During the same period in the prior year, the company earned $1.57 earnings per share. The company's quarterly revenue was up 11.1% on a year-over-year basis. 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, research analysts predict that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total value of $347,960.00. Following the completion of the sale, the senior vice president directly owned 106,590 shares in the company, valued at $18,544,528.20. This represents a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.61% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on KEYS shares. Bank of America boosted their price objective on Keysight Technologies from $175.00 to $179.00 and gave the stock a "neutral" rating in a report on Wednesday, August 20th. JPMorgan Chase & Co. boosted their price objective on Keysight Technologies from $177.00 to $200.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Weiss Ratings restated a "hold (c)" rating on shares of Keysight Technologies in a report on Wednesday, October 8th. Morgan Stanley restated an "equal weight" rating and set a $180.00 price objective on shares of Keysight Technologies in a report on Friday. Finally, Wall Street Zen cut Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 20th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $187.38.

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.

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