QRG Capital Management Inc. Has $4.05 Million Stock Holdings in Keysight Technologies Inc. $KEYS

Key Points

• QRG Capital Management Inc. increased its stake in Keysight Technologies Inc. by 8.6%, holding 24,710 shares valued at approximately $4.05 million at the end of the second quarter.
• Keysight Technologies reported a Q3 earnings per share of $1.72, exceeding estimates, with a revenue increase of 11.1% compared to the previous year.
• Institutional investors currently hold 84.58% of Keysight Technologies' stock, indicating strong institutional interest in the company.

QRG Capital Management Inc. increased its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 8.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,710 shares of the scientific and technical instruments company's stock after purchasing an additional 1,967 shares during the period. QRG Capital Management Inc.'s holdings in Keysight Technologies were worth $4,049,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Accent Capital Management LLC bought a new position in shares of Keysight Technologies during the 1st quarter worth approximately $28,000. Manchester Capital Management LLC lifted its position in shares of Keysight Technologies by 85.0% during the 1st quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company's stock valued at $35,000 after acquiring an additional 108 shares during the period. Zions Bancorporation National Association UT bought a new position in Keysight Technologies during the first quarter worth $36,000. Private Trust Co. NA grew its holdings in Keysight Technologies by 39.9% in the first quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company's stock worth $39,000 after purchasing an additional 75 shares during the period. Finally, WPG Advisers LLC bought a new stake in Keysight Technologies in the first quarter valued at $39,000. 84.58% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the business's stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total value of $347,960.00. Following the transaction, the senior vice president owned 106,590 shares of the company's stock, valued at approximately $18,544,528.20. The trade was a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.61% of the company's stock.

Keysight Technologies Stock Performance

NYSE KEYS opened at $173.43 on Tuesday. The company has a fifty day moving average price of $168.07 and a 200-day moving average price of $159.29. The firm has a market cap of $29.80 billion, a price-to-earnings ratio of 55.23, a PEG ratio of 2.42 and a beta of 1.18. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94. 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 released its quarterly earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.05. The business had revenue of $1.35 billion for the quarter, compared to analysts' expectations of $1.32 billion. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. The firm's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.57 earnings per share. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. As a group, equities research analysts predict that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Barclays cut their price objective on shares of Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 20th. Weiss Ratings reiterated a "hold (c)" rating on shares of Keysight Technologies in a report on Saturday, September 27th. Bank of America raised their price objective on Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a research note on Wednesday, August 20th. JPMorgan Chase & Co. boosted their price objective on Keysight Technologies from $177.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. Finally, Wall Street Zen cut Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 20th. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Keysight Technologies presently has an average rating of "Moderate Buy" and an average target price of $187.38.

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.

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