Keysight Technologies Inc. $KEYS Shares Sold by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. has reduced its stake in Keysight Technologies by 4.6%, selling 1,874 shares and leaving it with a total of 38,477 shares valued at approximately $5.76 million.
• Keysight Technologies achieved a positive earnings report for the last quarter, reporting $1.72 earnings per share, exceeding analysts' expectations of $1.67 and achieving an 11.1% revenue growth compared to the previous year.
• Several institutional investors, including Vanguard Group Inc. and Price T Rowe Associates Inc. MD, have increased their holdings in Keysight Technologies, showcasing significant interest from major financial entities.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lowered its position in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 4.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,477 shares of the scientific and technical instruments company's stock after selling 1,874 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Keysight Technologies were worth $5,763,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Integrated Wealth Concepts LLC boosted its position in Keysight Technologies by 5.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company's stock valued at $387,000 after acquiring an additional 122 shares in the last quarter. Alliancebernstein L.P. boosted its position in Keysight Technologies by 0.3% during the 1st quarter. Alliancebernstein L.P. now owns 208,805 shares of the scientific and technical instruments company's stock valued at $31,273,000 after acquiring an additional 671 shares in the last quarter. Banque Transatlantique SA boosted its position in Keysight Technologies by 2,222.1% during the 1st quarter. Banque Transatlantique SA now owns 28,678 shares of the scientific and technical instruments company's stock valued at $3,969,000 after acquiring an additional 27,443 shares in the last quarter. AQR Capital Management LLC boosted its position in Keysight Technologies by 92.6% during the 1st quarter. AQR Capital Management LLC now owns 27,216 shares of the scientific and technical instruments company's stock valued at $3,965,000 after acquiring an additional 13,085 shares in the last quarter. Finally, Federation des caisses Desjardins du Quebec boosted its position in Keysight Technologies by 8.7% during the 1st quarter. Federation des caisses Desjardins du Quebec now owns 11,112 shares of the scientific and technical instruments company's stock valued at $1,664,000 after acquiring an additional 893 shares in the last quarter. Institutional investors own 84.58% of the company's stock.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 10,000 shares of the business's stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $158.97, for a total transaction of $1,589,700.00. Following the completion of the sale, the senior vice president directly owned 108,590 shares in the company, 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 is accessible through this hyperlink. Also, CFO Neil Dougherty sold 12,215 shares of the business's stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $164.60, for a total value of $2,010,589.00. Following the sale, the chief financial officer owned 115,228 shares of the company's stock, valued at approximately $18,966,528.80. This trade represents a 9.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.61% of the stock is currently owned by insiders.

Keysight Technologies Stock Performance

Shares of NYSE KEYS traded down $1.81 during trading on Friday, reaching $170.56. 812,094 shares of the company traded hands, compared to its average volume of 1,056,392. The firm's fifty day simple moving average is $164.74 and its 200 day simple moving average is $156.99. The stock has a market cap of $29.31 billion, a P/E ratio of 54.32, a PEG ratio of 2.40 and a beta of 1.16. Keysight Technologies Inc. has a 12-month low of $121.43 and a 12-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 released its quarterly earnings data on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share 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 business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same quarter last year, the business posted $1.57 EPS. The company's 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, research analysts anticipate that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently commented on KEYS shares. Barclays decreased their price objective on Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating for the company in a report on Wednesday, August 20th. JPMorgan Chase & Co. increased their price objective on Keysight Technologies from $177.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. Wall Street Zen upgraded Keysight Technologies from a "buy" rating to a "strong-buy" rating in a report on Friday, September 5th. Finally, Bank of America increased their price objective on Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a report on Wednesday, August 20th. Seven investment 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, Keysight Technologies currently has a consensus rating of "Moderate Buy" and an average 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.