Modern Wealth Management LLC Acquires Shares of 1,734 Keysight Technologies Inc. $KEYS

Key Points

• Modern Wealth Management LLC has acquired 1,734 shares of Keysight Technologies Inc., valued at approximately $260,000.
• Several other institutional investors have also increased their stakes in Keysight, with notable new investments from Advisors Capital Management and Acadian Asset Management.
• Wall Street analysts have expressed a bullish sentiment with a consensus rating of "Moderate Buy" and an average target price of $187.38 for Keysight Technologies.

Modern Wealth Management LLC acquired a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,734 shares of the scientific and technical instruments company's stock, valued at approximately $260,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Advisors Capital Management LLC bought a new position in shares of Keysight Technologies during the first quarter valued at $325,000. Acadian Asset Management LLC bought a new position in shares of Keysight Technologies during the first quarter valued at $1,297,000. Geneos Wealth Management Inc. increased its stake in shares of Keysight Technologies by 66.5% in the first quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company's stock valued at $59,000 after buying an additional 157 shares in the last quarter. Plato Investment Management Ltd increased its stake in shares of Keysight Technologies by 8.8% in the first quarter. Plato Investment Management Ltd now owns 3,743 shares of the scientific and technical instruments company's stock valued at $567,000 after buying an additional 303 shares in the last quarter. Finally, Bayforest Capital Ltd increased its stake in shares of Keysight Technologies by 340.1% in the first quarter. Bayforest Capital Ltd now owns 3,274 shares of the scientific and technical instruments company's stock valued at $490,000 after buying an additional 2,530 shares in the last quarter. 84.58% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

KEYS has been the subject of a number of research reports. JPMorgan Chase & Co. raised their target price on Keysight Technologies from $177.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. Bank of America raised their target price on Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a research note on Wednesday, August 20th. Wall Street Zen upgraded Keysight Technologies from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 5th. Finally, Barclays lowered their target price on Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating for the company in a research note on Wednesday, August 20th. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Keysight Technologies has a consensus rating of "Moderate Buy" and an average target price of $187.38.

Insider Activity

In other news, SVP Ingrid A. Estrada sold 10,000 shares of the business's stock in a transaction dated 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 transaction, 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 available through this hyperlink. Also, CFO Neil Dougherty sold 12,215 shares of the business's stock in a transaction dated 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 transaction, the chief financial officer owned 115,228 shares of the company's stock, valued at $18,966,528.80. The trade was 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 Price Performance

Shares of KEYS stock opened at $171.67 on Tuesday. The stock has a 50-day moving average price of $164.92 and a 200 day moving average price of $157.06. The company has a quick ratio of 2.94, a current ratio of 3.59 and a debt-to-equity ratio of 0.45. The firm has a market cap of $29.50 billion, a price-to-earnings ratio of 54.67, a PEG ratio of 2.38 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.

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

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.

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