Retirement Planning Co of New England Inc. Invests $261,000 in Keysight Technologies Inc. $KEYS

Key Points

• Retirement Planning Co of New England Inc. acquired a new position in Keysight Technologies, purchasing 1,740 shares valued at approximately $261,000 in the first quarter of the year.
• Several hedge funds have increased their stakes in Keysight Technologies, with Central Pacific Bank Trust Division and Manchester Capital Management both significantly boosting their holdings.
• Keysight Technologies reported $1.72 earnings per share (EPS) for the latest quarter, beating analysts' estimates and showing an 11.1% year-over-year revenue growth.

Retirement Planning Co of New England Inc. acquired a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 1,740 shares of the scientific and technical instruments company's stock, valued at approximately $261,000.

A number of other hedge funds have also recently modified their holdings of KEYS. Price T Rowe Associates Inc. MD grew its position in shares of Keysight Technologies by 16.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 18,790,100 shares of the scientific and technical instruments company's stock valued at $2,814,195,000 after acquiring an additional 2,675,148 shares during the period. Victory Capital Management Inc. grew its position in shares of Keysight Technologies by 1,224.5% during the 1st quarter. Victory Capital Management Inc. now owns 1,991,884 shares of the scientific and technical instruments company's stock valued at $298,324,000 after acquiring an additional 1,841,494 shares during the period. Point72 Asset Management L.P. grew its position in shares of Keysight Technologies by 343.6% during the 4th quarter. Point72 Asset Management L.P. now owns 1,008,192 shares of the scientific and technical instruments company's stock valued at $161,946,000 after acquiring an additional 780,893 shares during the period. GAMMA Investing LLC grew its position in shares of Keysight Technologies by 36,268.6% during the 1st quarter. GAMMA Investing LLC now owns 750,647 shares of the scientific and technical instruments company's stock valued at $112,424,000 after acquiring an additional 748,583 shares during the period. Finally, ANTIPODES PARTNERS Ltd grew its position in shares of Keysight Technologies by 49.4% during the 1st quarter. ANTIPODES PARTNERS Ltd now owns 935,490 shares of the scientific and technical instruments company's stock valued at $140,120,000 after acquiring an additional 309,345 shares during the period. Institutional investors own 84.58% of the company's stock.

Analyst Ratings Changes

A number of equities research 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 for the company in a research report on Wednesday, August 20th. Bank of America boosted their price objective on shares of 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 shares of Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a research note on Tuesday, May 13th. JPMorgan Chase & Co. lifted their target price on shares of Keysight Technologies from $177.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. Finally, Wall Street Zen upgraded shares of Keysight Technologies from a "buy" rating to a "strong-buy" rating in a research note on Friday. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $187.38.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 12,215 shares of the business's stock in a transaction 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Ingrid A. Estrada sold 10,000 shares of the business's stock in a transaction 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 sale, the senior vice president owned 108,590 shares in the company, valued at approximately $17,262,552.30. The trade was a 8.43% decrease in their position. The disclosure for this sale can be found here. 0.61% of the stock is owned by insiders.

Keysight Technologies Price Performance

Shares of KEYS traded up $1.16 during trading hours on Friday, reaching $168.11. 957,194 shares of the stock traded hands, compared to its average volume of 1,040,006. 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 Inc. has a 52-week low of $121.43 and a 52-week high of $186.20. The company's 50-day moving average price is $163.92 and its two-hundred day moving average price is $157.28. The company has a market cap of $28.89 billion, a P/E ratio of 53.54, a price-to-earnings-growth ratio of 2.34 and a beta of 1.16.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its quarterly earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 EPS 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 business's quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.57 EPS. 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, analysts anticipate that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

About Keysight Technologies

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.