Price T Rowe Associates Inc. MD Raises Stock Holdings in Keysight Technologies Inc. $KEYS

Key Points

• Price T Rowe Associates Inc. MD increased its holdings in Keysight Technologies by 16.6%, bringing its total ownership to 18,790,100 shares, which represents approximately 10.87% of the company's stock valued at $2.81 billion.
• Insider activity showed senior executives selling significant shares, with SVP John Page selling 7,368 shares worth over $1.16 million and CFO Neil Dougherty selling 12,215 shares for about $2.01 million, indicating a decrease in their holdings.
• Analyst ratings vary, with Barclays lowering its price target to $195, while JPMorgan Chase increased theirs to $200, leading to a consensus rating of "Moderate Buy" and a target price of $187.38.

Price T Rowe Associates Inc. MD boosted its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 16.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,790,100 shares of the scientific and technical instruments company's stock after acquiring an additional 2,675,148 shares during the quarter. Price T Rowe Associates Inc. MD owned 10.87% of Keysight Technologies worth $2,814,195,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of KEYS. Central Pacific Bank Trust Division boosted its holdings in Keysight Technologies by 97.8% during the 1st quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company's stock valued at $27,000 after acquiring an additional 90 shares during the period. Accent Capital Management LLC purchased a new stake in shares of Keysight Technologies in the 1st quarter worth $28,000. Manchester Capital Management LLC lifted its holdings in shares of Keysight Technologies by 85.0% in the 1st quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company's stock worth $35,000 after buying an additional 108 shares during the period. Zions Bancorporation National Association UT purchased a new stake in shares of Keysight Technologies in the 1st quarter worth $36,000. Finally, Private Trust Co. NA lifted its holdings in shares of Keysight Technologies by 39.9% in the 1st quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company's stock worth $39,000 after buying an additional 75 shares during the period. Hedge funds and other institutional investors own 84.58% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. JPMorgan Chase & Co. upped their target price on Keysight Technologies from $177.00 to $200.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Barclays lowered their target price on Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating for the company in a report on Wednesday, August 20th. Morgan Stanley upped 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. Finally, Bank of America upped their target price on Keysight Technologies from $175.00 to $179.00 and gave the stock a "neutral" rating in a report on Wednesday, August 20th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Keysight Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $187.38.

Keysight Technologies Stock Performance

Shares of KEYS stock traded up $0.26 during mid-day trading on Tuesday, reaching $165.58. The stock had a trading volume of 138,997 shares, compared to its average volume of 985,234. The business's fifty day moving average is $163.36 and its 200-day moving average is $157.91. The company has a current ratio of 3.59, a quick ratio of 2.94 and a debt-to-equity ratio of 0.45. The firm has a market cap of $28.50 billion, a price-to-earnings ratio of 52.73, a PEG ratio of 2.35 and a beta of 1.11. Keysight Technologies Inc. has a 1-year low of $121.43 and a 1-year high of $186.20.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced 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 business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same period in the prior year, the company earned $1.57 earnings per share. The company's revenue 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 earnings per share for the current year.

Insider Buying and Selling

In other news, SVP Ingrid A. Estrada sold 10,000 shares of the company's stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $158.97, for a total value of $1,589,700.00. Following the sale, the senior vice president owned 108,590 shares in the company, valued at $17,262,552.30. This represents a 8.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Neil Dougherty sold 12,215 shares of the company's stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $164.60, for a total value of $2,010,589.00. Following the completion of the sale, the chief financial officer owned 115,228 shares in the company, valued at $18,966,528.80. The trade was a 9.58% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 30,241 shares of company stock worth $4,866,631 over the last ninety days. 0.61% of the stock is owned by corporate insiders.

Keysight Technologies Company 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.