Keysight Technologies Inc. $KEYS Shares Purchased by Livforsakringsbolaget Skandia Omsesidigt

Key Points

• Livforsakringsbolaget Skandia Omsesidigt increased its stake in Keysight Technologies Inc. by 314.8% in the second quarter to approximately $16.07 million, owning 98,098 shares after acquiring an additional 74,450 shares.
• Keysight Technologies reported a strong quarterly earnings per share (EPS) of $1.72, exceeding analyst estimates, alongside a revenue of $1.35 billion, which is up 11.1% year-over-year.
• Research analysts have given Keysight Technologies a consensus rating of "Moderate Buy" with a price target of $187.38, following upgrades from various firms including JPMorgan Chase & Co. raising their target to $200.00.

Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 314.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 98,098 shares of the scientific and technical instruments company's stock after acquiring an additional 74,450 shares during the period. Livforsakringsbolaget Skandia Omsesidigt owned 0.06% of Keysight Technologies worth $16,074,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in KEYS. Nomura Holdings Inc. acquired a new stake in shares of Keysight Technologies during the fourth quarter worth about $918,000. ProShare Advisors LLC increased its position in Keysight Technologies by 10.3% during the fourth quarter. ProShare Advisors LLC now owns 34,538 shares of the scientific and technical instruments company's stock worth $5,548,000 after buying an additional 3,220 shares during the period. Royal Bank of Canada increased its position in Keysight Technologies by 5.7% during the fourth quarter. Royal Bank of Canada now owns 592,575 shares of the scientific and technical instruments company's stock worth $95,185,000 after buying an additional 32,081 shares during the period. State of Wyoming increased its position in Keysight Technologies by 63.5% during the fourth quarter. State of Wyoming now owns 1,030 shares of the scientific and technical instruments company's stock worth $165,000 after buying an additional 400 shares during the period. Finally, Teza Capital Management LLC acquired a new position in Keysight Technologies during the fourth quarter worth approximately $1,473,000. Institutional investors and hedge funds own 84.58% of the company's stock.

Keysight Technologies Price Performance

Shares of KEYS stock traded up $1.15 during trading hours on Friday, hitting $178.36. The company's stock had a trading volume of 2,324,472 shares, compared to its average volume of 859,835. The business has a fifty day moving average of $165.82 and a 200-day moving average of $157.59. The stock has a market cap of $30.65 billion, a price-to-earnings ratio of 56.80, a P/E/G ratio of 2.47 and a beta of 1.16. Keysight Technologies Inc. has a twelve month low of $121.43 and a twelve month high of $186.20. 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 (NYSE:KEYS - Get Free Report) last announced its earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 EPS for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $1.32 billion. During the same quarter in the prior year, the firm earned $1.57 EPS. Keysight Technologies'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. As a group, equities research analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Insider Buying and Selling

In other news, CFO Neil Dougherty sold 12,215 shares of the firm's stock in a transaction on Monday, June 30th. The stock was sold at an average price of $164.60, for a total transaction of $2,010,589.00. Following the sale, the chief financial officer owned 115,228 shares in the company, valued at $18,966,528.80. This trade represents a 9.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Ingrid A. Estrada sold 2,000 shares of the firm's 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 sale, the senior vice president owned 106,590 shares in the company, valued at $18,544,528.20. This trade represents a 1.84% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 14,357 shares of company stock worth $2,383,195. 0.61% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Wall Street Zen cut shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday. Barclays dropped their price objective 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. 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 research note on Wednesday, August 20th. Finally, JPMorgan Chase & Co. boosted their price target 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 analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, Keysight Technologies has a consensus rating of "Moderate Buy" and an average price target of $187.38.

Keysight Technologies Company 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.