Oppenheimer Asset Management Inc. Cuts Position in Keysight Technologies Inc. $KEYS

Key Points

• Oppenheimer Asset Management reduced its stake in Keysight by 6.3% in Q4, selling 3,127 shares and now holding 46,762 shares worth about $9.50 million; overall, roughly 84.58% of KEYS is owned by hedge funds and other institutional investors.
• Analysts have been lifting price targets and ratings recently — several firms raised targets into the $310–$340 range, leaving a consensus price target of $314.33 and an average rating of “Moderate Buy”.
• Company insiders have been net sellers, disposing of 40,334 shares worth $11.53 million in the past 90 days, including notable sales by SVP Jeffrey K. Li and Director Ronald S. Nersesian.

Oppenheimer Asset Management Inc. cut its stake in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 6.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 46,762 shares of the scientific and technical instruments company's stock after selling 3,127 shares during the period. Oppenheimer Asset Management Inc.'s holdings in Keysight Technologies were worth $9,502,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Optiver Holding B.V. bought a new stake in Keysight Technologies in the third quarter worth $35,000. Westfuller Advisors LLC purchased a new position in Keysight Technologies during the 3rd quarter valued at about $45,000. True Wealth Design LLC increased its position in shares of Keysight Technologies by 68.5% during the third quarter. True Wealth Design LLC now owns 278 shares of the scientific and technical instruments company's stock valued at $49,000 after buying an additional 113 shares during the period. Atlantic Union Bankshares Corp increased its position in shares of Keysight Technologies by 36.2% during the third quarter. Atlantic Union Bankshares Corp now owns 286 shares of the scientific and technical instruments company's stock valued at $50,000 after buying an additional 76 shares during the period. Finally, Root Financial Partners LLC purchased a new stake in Keysight Technologies in the third quarter worth about $51,000. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

KEYS has been the topic of several analyst reports. Robert W. Baird lifted their price target on shares of Keysight Technologies from $295.00 to $310.00 and gave the stock an "outperform" rating in a research note on Monday, March 30th. Citigroup lifted their price target on shares of Keysight Technologies from $282.00 to $320.00 and gave the stock a "buy" rating in a research note on Monday, March 23rd. Zacks Research upgraded shares of Keysight Technologies from a "hold" rating to a "strong-buy" rating in a research note on Wednesday. Barclays lifted their price objective on shares of Keysight Technologies from $232.00 to $320.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 24th. Finally, Bank of America raised shares of Keysight Technologies from a "neutral" rating to a "buy" rating and set a $340.00 price objective for the company in a research note on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Keysight Technologies has an average rating of "Moderate Buy" and a consensus price target of $314.33.

Insider Activity

In other Keysight Technologies news, SVP Jeffrey K. Li sold 2,000 shares of the business's stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $297.19, for a total value of $594,380.00. Following the completion of the sale, the senior vice president directly owned 34,499 shares of the company's stock, valued at $10,252,757.81. The trade was a 5.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ronald S. Nersesian sold 30,000 shares of the business's stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $285.96, for a total transaction of $8,578,800.00. Following the completion of the sale, the director directly owned 163,377 shares of the company's stock, valued at approximately $46,719,286.92. This trade represents a 15.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 40,334 shares of company stock worth $11,533,230 in the last 90 days. Company insiders own 0.40% of the company's stock.

Keysight Technologies Price Performance

KEYS stock opened at $352.13 on Friday. Keysight Technologies Inc. has a 12 month low of $145.51 and a 12 month high of $353.52. The company has a current ratio of 2.60, a quick ratio of 2.02 and a debt-to-equity ratio of 0.41. The company has a 50-day moving average price of $303.06 and a 200 day moving average price of $236.01. The stock has a market cap of $60.39 billion, a PE ratio of 63.45, a P/E/G ratio of 2.55 and a beta of 1.15.

Keysight Technologies (NYSE:KEYS - Get Free Report) last released its quarterly earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 EPS for the quarter, topping analysts' consensus estimates of $2.00 by $0.17. Keysight Technologies had a net margin of 16.84% and a return on equity of 19.26%. The firm had revenue of $1.60 billion during the quarter, compared to analysts' expectations of $1.54 billion. During the same period in the previous year, the company earned $1.82 EPS. The firm's revenue for the quarter was up 23.3% compared to the same quarter last year. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. Equities research analysts anticipate that Keysight Technologies Inc. will post 7.86 earnings per share for the current year.

About Keysight Technologies

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.