PharVision Advisers LLC Makes New Investment in Keysight Technologies Inc. $KEYS

Key Points

• PharVision Advisers LLC has acquired a new position in Keysight Technologies Inc., purchasing 2,091 shares valued at approximately $313,000.
• Keysight Technologies recently posted quarterly earnings per share of $1.72, surpassing the expected figure of $1.67, with revenues reaching $1.35 billion.
• JPMorgan Chase & Co. and Morgan Stanley have both raised their target prices for Keysight Technologies, now set at $200 and $180, respectively, indicating strong institutional confidence in the stock.

PharVision Advisers LLC acquired a new position in Keysight Technologies Inc. (NYSE:KEYS - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,091 shares of the scientific and technical instruments company's stock, valued at approximately $313,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Summit Financial LLC lifted its holdings in shares of Keysight Technologies by 2.2% during the 1st quarter. Summit Financial LLC now owns 3,468 shares of the scientific and technical instruments company's stock valued at $519,000 after purchasing an additional 73 shares in the last quarter. Private Trust Co. NA lifted its holdings in shares of Keysight Technologies by 39.9% during the 1st quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company's stock valued at $39,000 after purchasing an additional 75 shares in the last quarter. Principal Securities Inc. lifted its holdings in shares of Keysight Technologies by 9.1% during the 1st quarter. Principal Securities Inc. now owns 910 shares of the scientific and technical instruments company's stock valued at $146,000 after purchasing an additional 76 shares in the last quarter. Haven Private LLC lifted its holdings in shares of Keysight Technologies by 2.1% during the 1st quarter. Haven Private LLC now owns 3,974 shares of the scientific and technical instruments company's stock valued at $595,000 after purchasing an additional 82 shares in the last quarter. Finally, Pinnacle Bancorp Inc. lifted its holdings in shares of Keysight Technologies by 14.2% during the 1st quarter. Pinnacle Bancorp Inc. now owns 669 shares of the scientific and technical instruments company's stock valued at $100,000 after purchasing an additional 83 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently issued reports on KEYS. Bank of America lifted their target price on Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a research report on Wednesday, August 20th. Morgan Stanley lifted their target price on Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a research report on Tuesday, May 13th. Wall Street Zen raised Keysight Technologies from a "buy" rating to a "strong-buy" rating in a research report on Friday. 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 report on Thursday, July 17th. Finally, Barclays dropped their target price on Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 20th. 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 MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $187.38.

Keysight Technologies Stock Performance

NYSE:KEYS traded up $1.24 on Monday, hitting $169.14. The company's stock had a trading volume of 871,816 shares, compared to its average volume of 1,052,089. Keysight Technologies Inc. has a one year low of $121.43 and a one year high of $186.20. The firm has a market capitalization of $29.07 billion, a P/E ratio of 53.86, a price-to-earnings-growth ratio of 2.35 and a beta of 1.16. The stock has a fifty day moving average of $164.03 and a two-hundred day moving average of $156.85. 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 (NYSE:KEYS - Get Free Report) last posted its earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, topping 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 business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same period in the previous year, the firm earned $1.57 EPS. The firm's revenue was up 11.1% compared to the same quarter last year. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. Research analysts predict that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

Insider Activity

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 10,000 shares of the stock in a transaction dated 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 $17,262,552.30. This represents a 8.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 sale, 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 ownership of the stock. The disclosure for this sale can be found here. 0.61% of the stock is owned by corporate 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.