Reinhart Partners LLC. increased its holdings in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 28.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,467 shares of the scientific and technical instruments company's stock after buying an additional 11,763 shares during the period. Reinhart Partners LLC.'s holdings in Keysight Technologies were worth $8,597,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently bought and sold shares of the company. Praxis Investment Management Inc. raised its stake in Keysight Technologies by 45.8% in the first quarter. Praxis Investment Management Inc. now owns 6,371 shares of the scientific and technical instruments company's stock worth $954,000 after buying an additional 2,000 shares in the last quarter. Foyston Gordon & Payne Inc raised its stake in Keysight Technologies by 11.5% in the first quarter. Foyston Gordon & Payne Inc now owns 59,851 shares of the scientific and technical instruments company's stock worth $8,964,000 after buying an additional 6,186 shares in the last quarter. GAMMA Investing LLC raised its stake in Keysight Technologies by 142.8% in the first quarter. GAMMA Investing LLC now owns 5,012 shares of the scientific and technical instruments company's stock worth $751,000 after buying an additional 2,948 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of Keysight Technologies by 3.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 52,174 shares of the scientific and technical instruments company's stock worth $7,828,000 after purchasing an additional 1,635 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of Keysight Technologies by 19.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 12,730 shares of the scientific and technical instruments company's stock worth $1,906,000 after purchasing an additional 2,106 shares in the last quarter. Institutional investors own 84.58% of the company's stock.
Insider Activity at Keysight Technologies
In related news, SVP Ingrid A. Estrada sold 10,000 shares of Keysight Technologies stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $158.97, for a total transaction of $1,589,700.00. Following the completion of the transaction, the senior vice president directly owned 108,590 shares in the company, valued at approximately $17,262,552.30. This trade represents a 8.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Neil Dougherty sold 12,215 shares of the business's stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $164.60, for a total value of $2,010,589.00. Following the completion of the transaction, the chief financial officer directly owned 115,228 shares of the company's stock, valued at $18,966,528.80. The trade was 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 currently owned by company insiders.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on KEYS. Wall Street Zen raised Keysight Technologies from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 5th. Bank of America upped their price target on Keysight Technologies from $175.00 to $179.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 20th. Barclays reduced their price target 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. Finally, JPMorgan Chase & Co. upped their price target on Keysight Technologies from $177.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday, July 17th. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Keysight Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $187.38.
Check Out Our Latest Stock Analysis on KEYS
Keysight Technologies Stock Performance
Shares of NYSE KEYS traded up $4.37 during mid-day trading on Thursday, hitting $177.28. The stock had a trading volume of 798,013 shares, compared to its average volume of 880,417. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.94 and a current ratio of 3.59. The company has a 50 day moving average of $165.52 and a two-hundred day moving average of $157.42. Keysight Technologies Inc. has a twelve month low of $121.43 and a twelve month high of $186.20. The firm has a market cap of $30.47 billion, a PE ratio of 56.46, a PEG ratio of 2.41 and a beta of 1.16.
Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its quarterly earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 EPS for the quarter, beating the consensus estimate of $1.67 by $0.05. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates 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 was up 11.1% on a year-over-year basis. During the same period in the prior 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. Research analysts predict that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.
Keysight Technologies Profile
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Free Report)
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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