Mengis Capital Management Inc. Has $1.10 Million Stock Position in Keysight Technologies Inc. $KEYS

Key Points

• Mengis Capital Management Inc. reduced its stake in Keysight Technologies by 58% during Q2, owning 6,717 shares worth approximately $1.1 million after selling 9,275 shares.
• Keysight Technologies reported Q3 earnings of $1.72 EPS, surpassing analyst estimates, and plans to provide Q4 guidance of 1.790-1.85 EPS for FY 2025.
• Institutional investors currently hold 84.58% of Keysight's stock, indicating strong institutional interest and support in the company.

Mengis Capital Management Inc. lowered its stake in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 58.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,717 shares of the scientific and technical instruments company's stock after selling 9,275 shares during the period. Mengis Capital Management Inc.'s holdings in Keysight Technologies were worth $1,101,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Praxis Investment Management Inc. raised its holdings in shares of Keysight Technologies by 45.8% during the first quarter. Praxis Investment Management Inc. now owns 6,371 shares of the scientific and technical instruments company's stock valued at $954,000 after purchasing an additional 2,000 shares during the period. Foyston Gordon & Payne Inc raised its holdings in shares of Keysight Technologies by 11.5% during the first quarter. Foyston Gordon & Payne Inc now owns 59,851 shares of the scientific and technical instruments company's stock valued at $8,964,000 after purchasing an additional 6,186 shares during the period. GAMMA Investing LLC raised its holdings in shares of 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 valued at $751,000 after purchasing an additional 2,948 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in shares of Keysight Technologies by 3.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 52,174 shares of the scientific and technical instruments company's stock valued at $7,828,000 after purchasing an additional 1,635 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of 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 valued at $1,906,000 after purchasing an additional 2,106 shares during the period. Institutional investors and hedge funds own 84.58% of the company's stock.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the company's stock in a transaction dated Wednesday, September 17th. The shares were 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 of the company's stock, valued at approximately $18,544,528.20. This represents a 1.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.61% of the company's stock.

Keysight Technologies Trading Down 0.6%

Shares of KEYS stock opened at $171.15 on Friday. Keysight Technologies Inc. has a 52-week low of $121.43 and a 52-week high of $186.20. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.94 and a current ratio of 3.59. The company has a 50-day simple moving average of $168.37 and a two-hundred day simple moving average of $159.54. The company has a market capitalization of $29.41 billion, a price-to-earnings ratio of 54.51, a PEG ratio of 2.40 and a beta of 1.18.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings data 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. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the prior year, the firm posted $1.57 EPS. The firm's quarterly revenue was up 11.1% compared to the same quarter last year. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. Research analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on KEYS shares. Bank of America upped 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. Barclays lowered their target price on shares of Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating on the stock in a report on Wednesday, August 20th. Weiss Ratings restated a "hold (c)" rating on shares of Keysight Technologies in a report on Wednesday. Wall Street Zen lowered shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 20th. Finally, JPMorgan Chase & Co. upped their target price on shares of Keysight Technologies from $177.00 to $200.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target 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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