NEOS Investment Management LLC Purchases 3,241 Shares of Keysight Technologies Inc. $KEYS

Key Points

• NEOS Investment Management increased its Keysight Technologies stake by 13.3% in the second quarter, acquiring 3,241 shares and bringing its total holdings to 27,563 shares valued at approximately $9.65 million. Institutional investors and hedge funds collectively own 84.58% of the company.
• Keysight reported quarterly earnings of $3.07 per share on $1.85 billion in revenue, exceeding analyst estimates and marking 36.5% year-over-year revenue growth.
• Analyst sentiment remains favorable, with multiple firms raising price targets to as high as $440; MarketBeat reports an overall “Moderate Buy” rating and an average target price of $392.83.

NEOS Investment Management LLC lifted its holdings in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 13.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,563 shares of the scientific and technical instruments company's stock after acquiring an additional 3,241 shares during the period. NEOS Investment Management LLC's holdings in Keysight Technologies were worth $9,649,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Fiduciary Financial Advisors bought a new stake in shares of Keysight Technologies during the 2nd quarter valued at about $28,000. IMG Wealth Management Inc. bought a new stake in Keysight Technologies in the second quarter worth approximately $29,000. Compass Financial Management LLC acquired a new position in Keysight Technologies in the second quarter valued at approximately $34,000. Virtus Advisers LLC acquired a new position in Keysight Technologies in the second quarter valued at approximately $35,000. Finally, Cornerstone Planning Group LLC boosted its holdings in shares of Keysight Technologies by 36.1% during the 1st quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company's stock worth $32,000 after buying an additional 30 shares in the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Keysight Technologies

In related news, Director Jean Mcclung Nye sold 3,000 shares of Keysight Technologies stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $319.22, for a total transaction of $957,660.00. Following the transaction, the director owned 35,752 shares of the company's stock, valued at $11,412,753.44. The trade was a 7.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Ingrid A. Estrada sold 2,000 shares of the company's stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $314.66, for a total value of $629,320.00. Following the sale, the senior vice president owned 103,861 shares of the company's stock, valued at $32,680,902.26. This trade represents a 1.89% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 7,507 shares of company stock worth $2,451,909. Insiders own 0.40% of the company's stock.

Keysight Technologies Price Performance

Shares of NYSE:KEYS opened at $326.79 on Friday. The company has a quick ratio of 1.62, a current ratio of 2.02 and a debt-to-equity ratio of 0.28. Keysight Technologies Inc. has a twelve month low of $158.79 and a twelve month high of $374.96. The stock's 50 day moving average is $325.95 and its 200-day moving average is $321.75. The firm has a market capitalization of $55.63 billion, a price-to-earnings ratio of 44.89, a PEG ratio of 1.68 and a beta of 1.21.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.48 by $0.59. The company had revenue of $1.85 billion for the quarter, compared to analysts' expectations of $1.75 billion. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%.Keysight Technologies's quarterly revenue was up 36.5% compared to the same quarter last year. During the same period last year, the business earned $1.72 EPS. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. Sell-side analysts forecast that Keysight Technologies Inc. will post 10.33 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on KEYS. Susquehanna raised their price objective on shares of Keysight Technologies from $425.00 to $440.00 and gave the stock a "positive" rating in a research report on Wednesday, August 19th. JPMorgan Chase & Co. increased their target price on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 19th. Barclays raised their price target on shares of Keysight Technologies from $387.00 to $429.00 and gave the stock an "overweight" rating in a report on Wednesday, August 19th. Citigroup reaffirmed a "buy" rating on shares of Keysight Technologies in a research note on Wednesday, August 19th. Finally, UBS Group upped their price objective on shares of Keysight Technologies from $420.00 to $440.00 and gave the company a "buy" rating in a report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Keysight Technologies currently has an average rating of "Moderate Buy" and an average target price of $392.83.

Keysight Technologies Profile

Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.

Keysight's product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.

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