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

Several other hedge funds also recently added to or reduced their stakes in KEYS. Praxis Investment Management Inc. grew its stake in Keysight Technologies by 45.8% in the first quarter. Praxis Investment Management Inc. now owns 6,371 shares of the scientific and technical instruments company's stock worth $954,000 after purchasing an additional 2,000 shares in the last quarter. Foyston Gordon & Payne Inc grew its stake in Keysight Technologies by 11.5% in the first quarter. Foyston Gordon & Payne Inc now owns 59,851 shares of the scientific and technical instruments company's stock worth $8,964,000 after purchasing an additional 6,186 shares in the last quarter. GAMMA Investing LLC grew its stake in Keysight Technologies by 142.8% in the first quarter. GAMMA Investing LLC now owns 5,012 shares of the scientific and technical instruments company's stock worth $751,000 after purchasing an additional 2,948 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in Keysight Technologies by 3.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 52,174 shares of the scientific and technical instruments company's stock worth $7,828,000 after purchasing an additional 1,635 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in Keysight Technologies by 19.8% in 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 purchasing an additional 2,106 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies Stock Performance

Keysight Technologies stock traded up $1.15 on Friday, reaching $178.36. 2,324,472 shares of the stock were exchanged, compared to its average volume of 859,835. The firm has a fifty day moving average price of $165.82 and a two-hundred day moving average price of $157.59. The stock has a market cap of $30.65 billion, a PE ratio of 56.80, a PEG ratio of 2.47 and a beta of 1.16. 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 twelve month low of $121.43 and a twelve 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, beating 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 analyst estimates of $1.32 billion. During the same quarter in the prior year, the business earned $1.57 earnings per share. The firm's revenue for the quarter 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. Sell-side analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Analyst Upgrades and Downgrades

KEYS has been the subject of a number of research reports. Bank of America lifted their price target on Keysight Technologies from $175.00 to $179.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 20th. Wall Street Zen downgraded Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Barclays decreased 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. Finally, JPMorgan Chase & Co. lifted 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. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $187.38.

Insider Activity

In other Keysight Technologies news, CFO Neil Dougherty sold 12,215 shares of the company's stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $164.60, for a total transaction of $2,010,589.00. Following the sale, the chief financial officer directly owned 115,228 shares of the company's stock, valued at approximately $18,966,528.80. This represents a 9.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total transaction of $347,960.00. Following the sale, the senior vice president directly owned 106,590 shares in the company, valued at $18,544,528.20. This trade represents a 1.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 14,357 shares of company stock valued at $2,383,195 in the last three months. Company insiders own 0.61% of the company's stock.

About Keysight Technologies

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.