Osterweis Capital Management Inc. Reduces Stake in Keysight Technologies Inc. $KEYS

Key Points

• Osterweis Capital Management Inc. has reduced its stake in Keysight Technologies by 13.5%, now holding 204,661 shares valued at approximately $30.7 million.
• Despite this reduction, institutional investors still own a significant 84.58% of Keysight Technologies' stock, indicating strong market interest.
• Keysight Technologies reported earnings of $1.72 per share, exceeding analysts' expectations, and set FY 2025 guidance for EPS between 7.090-7.090.

Osterweis Capital Management Inc. lowered its holdings in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 13.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 204,661 shares of the scientific and technical instruments company's stock after selling 32,075 shares during the quarter. Osterweis Capital Management Inc. owned approximately 0.12% of Keysight Technologies worth $30,652,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Keysight Technologies by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 20,969,511 shares of the scientific and technical instruments company's stock worth $3,140,604,000 after buying an additional 95,876 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in Keysight Technologies by 16.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 18,790,100 shares of the scientific and technical instruments company's stock worth $2,814,195,000 after buying an additional 2,675,148 shares during the period. Boston Partners lifted its holdings in Keysight Technologies by 7.7% in the 1st quarter. Boston Partners now owns 4,263,417 shares of the scientific and technical instruments company's stock worth $636,854,000 after buying an additional 305,143 shares during the period. T. Rowe Price Investment Management Inc. lifted its holdings in Keysight Technologies by 1.0% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,317,700 shares of the scientific and technical instruments company's stock worth $496,892,000 after buying an additional 33,818 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Keysight Technologies by 9.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,593,611 shares of the scientific and technical instruments company's stock worth $416,612,000 after buying an additional 214,015 shares during the period. Hedge funds and other institutional investors own 84.58% of the company's stock.

Keysight Technologies Stock Up 1.3%

KEYS stock opened at $172.43 on Friday. Keysight Technologies Inc. has a twelve month low of $121.43 and a twelve month high of $186.20. 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 $29.63 billion, a PE ratio of 54.91, a price-to-earnings-growth ratio of 2.38 and a beta of 1.16. The business has a 50 day moving average of $164.49 and a 200 day moving average of $157.02.

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, beating analysts' consensus estimates of $1.67 by $0.05. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same quarter last year, the company earned $1.57 EPS. 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. On average, research analysts forecast that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CFO Neil Dougherty sold 12,215 shares of the firm's stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $164.60, for a total transaction of $2,010,589.00. Following the completion of the transaction, the chief financial officer owned 115,228 shares of the company's stock, valued at $18,966,528.80. This trade represents a 9.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Ingrid A. Estrada sold 10,000 shares of the firm's stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $158.97, for a total value of $1,589,700.00. Following the transaction, the senior vice president directly owned 108,590 shares of the company's stock, valued at approximately $17,262,552.30. This trade represents a 8.43% decrease in their position. The disclosure for this sale can be found here. 0.61% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on KEYS. JPMorgan Chase & Co. increased their target price on Keysight Technologies from $177.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday, July 17th. 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 report on Wednesday, August 20th. Wall Street Zen raised Keysight Technologies from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 5th. Finally, Bank of America increased their target price on Keysight Technologies from $175.00 to $179.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 20th. Seven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $187.38.

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.

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