Northern Trust Corp Has $309.39 Million Position in Keysight Technologies Inc. $KEYS

Key Points

• Northern Trust Corp increased its stake in Keysight Technologies by 1.0% during Q1, holding 2,065,761 shares valued at $309.39 million.
• Keysight Technologies reported a quarterly earnings per share (EPS) of $1.72, exceeding analysts' expectations of $1.67, with revenue of $1.35 billion during the quarter.
• Investment analysts have set a consensus target price of $187.38 for Keysight Technologies, indicating positive outlooks from multiple firms, including price upgrades from Bank of America and JPMorgan Chase.

Northern Trust Corp increased its position in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 1.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,065,761 shares of the scientific and technical instruments company's stock after buying an additional 20,899 shares during the quarter. Northern Trust Corp owned 1.20% of Keysight Technologies worth $309,389,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Praxis Investment Management Inc. lifted its position in shares of Keysight Technologies by 45.8% in the 1st quarter. Praxis Investment Management Inc. now owns 6,371 shares of the scientific and technical instruments company's stock worth $954,000 after acquiring an additional 2,000 shares during the period. GAMMA Investing LLC lifted its position 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 during the period. Allspring Global Investments Holdings LLC boosted its stake in 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 worth $7,828,000 after buying an additional 1,635 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Keysight Technologies by 19.8% in the 1st 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 buying an additional 2,106 shares during the period. Finally, True Link Financial Advisors LLC bought a new stake in Keysight Technologies in the 1st quarter valued at $351,000. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Price Performance

NYSE:KEYS opened at $158.5390 on Thursday. The company has a quick ratio of 2.75, a current ratio of 3.39 and a debt-to-equity ratio of 0.46. The firm has a market cap of $27.29 billion, a PE ratio of 50.49, a price-to-earnings-growth ratio of 2.31 and a beta of 1.11. Keysight Technologies Inc. has a 12 month low of $121.43 and a 12 month high of $186.20. The company's 50-day moving average price is $163.15 and its two-hundred day moving average price is $158.42.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.05. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.91%. The company's revenue was up 11.1% on a year-over-year basis. During the same quarter last year, the business posted $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. On average, equities analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Analysts Set New Price Targets

KEYS has been the topic of several recent research reports. Bank of America lifted their target price on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a research report on Wednesday. JPMorgan Chase & Co. lifted 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. Barclays lowered their price objective on Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating on the stock in a research note on Wednesday. Finally, Morgan Stanley increased their target price on Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a report on Tuesday, May 13th. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Keysight Technologies has a consensus rating of "Moderate Buy" and an average target price of $187.38.

Insiders Place Their Bets

In related news, CEO Satish Dhanasekaran sold 658 shares of Keysight Technologies stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $157.78, for a total value of $103,819.24. Following the completion of the transaction, the chief executive officer directly owned 115,576 shares of the company's stock, valued at $18,235,581.28. The trade was a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP John Page sold 7,368 shares of the company's stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $157.78, for a total transaction of $1,162,523.04. Following the transaction, the senior vice president owned 36,986 shares in the company, valued at approximately $5,835,651.08. This trade represents a 16.61% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 30,241 shares of company stock worth $4,866,631. 0.61% of the stock is owned by company insiders.

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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