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Private Advisory Group LLC Takes $2.05 Million Position in Keysight Technologies Inc. $KEYS

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Key Points

  • Private Advisory Group LLC initiated a $2.05 million position in Keysight Technologies by purchasing 5,855 shares. Institutional investors collectively own 84.58% of the company.
  • Analysts remain bullish, with recent price-target increases from UBS, JPMorgan, Baird and Barclays; Keysight has a “Moderate Buy” consensus rating and a $371.92 average target.
  • Keysight reported quarterly EPS of $2.87, beating estimates by $0.55, while revenue rose 31.5% year over year to $1.72 billion. Shares opened at $358.15, up 1.2%.
  • MarketBeat previews top five stocks to own in September.

Private Advisory Group LLC bought a new position in Keysight Technologies Inc. (NYSE:KEYS - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,855 shares of the scientific and technical instruments company's stock, valued at approximately $2,050,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. grew its stake in Keysight Technologies by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 21,525,694 shares of the scientific and technical instruments company's stock valued at $4,373,806,000 after acquiring an additional 101,856 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Keysight Technologies by 0.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 17,419,811 shares of the scientific and technical instruments company's stock valued at $3,539,532,000 after purchasing an additional 85,693 shares during the period. State Street Corp lifted its position in shares of Keysight Technologies by 2.5% in the fourth quarter. State Street Corp now owns 8,191,895 shares of the scientific and technical instruments company's stock worth $1,664,511,000 after purchasing an additional 200,279 shares in the last quarter. Boston Partners lifted its position in shares of Keysight Technologies by 3.4% in the third quarter. Boston Partners now owns 4,870,268 shares of the scientific and technical instruments company's stock worth $851,525,000 after purchasing an additional 160,728 shares in the last quarter. Finally, Capital World Investors lifted its position in shares of Keysight Technologies by 6.5% in the fourth quarter. Capital World Investors now owns 3,940,767 shares of the scientific and technical instruments company's stock worth $800,732,000 after purchasing an additional 240,058 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.

Insider Transactions at Keysight Technologies

In related news, Director James Cullen sold 3,000 shares of Keysight Technologies stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $346.58, for a total value of $1,039,740.00. Following the completion of the sale, the director owned 21,821 shares of the company's stock, valued at approximately $7,562,722.18. The trade was a 12.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Satish Dhanasekaran sold 507 shares of the company's stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $361.32, for a total transaction of $183,189.24. Following the completion of the sale, the chief executive officer owned 121,391 shares of the company's stock, valued at $43,860,996.12. This represents a 0.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 5,507 shares of company stock worth $1,904,669 in the last 90 days. 0.40% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on KEYS shares. Zacks Research raised shares of Keysight Technologies from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 29th. Robert W. Baird increased their target price on shares of Keysight Technologies from $375.00 to $385.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 20th. JPMorgan Chase & Co. lifted their target price on shares of Keysight Technologies from $360.00 to $390.00 and gave the company an "overweight" rating in a research note on Thursday, May 21st. UBS Group boosted their price target on shares of Keysight Technologies from $340.00 to $420.00 and gave the company a "buy" rating in a report on Wednesday, May 20th. Finally, Barclays upped their price target on shares of Keysight Technologies from $320.00 to $387.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $371.92.

View Our Latest Analysis on KEYS

Keysight Technologies Trading Up 1.2%

Shares of NYSE KEYS opened at $358.15 on Friday. The stock has a market cap of $61.21 billion, a price-to-earnings ratio of 58.91, a PEG ratio of 2.04 and a beta of 1.22. The business has a 50 day simple moving average of $333.35 and a 200 day simple moving average of $311.41. Keysight Technologies Inc. has a 52 week low of $152.85 and a 52 week high of $374.96. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.51 and a current ratio of 1.90.

Keysight Technologies (NYSE:KEYS - Get Free Report) last released its quarterly earnings data on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, topping analysts' consensus estimates of $2.32 by $0.55. The firm had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.71 billion. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The firm's revenue was up 31.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.70 earnings per share. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, research analysts predict that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.

About Keysight Technologies

(Free Report)

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.

See Also

Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies Inc. (NYSE:KEYS - Free Report).

Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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.

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