Keysight Technologies Inc. $KEYS Shares Sold by Royal Bank of Canada

Key Points

• Royal Bank of Canada reduced its stake in Keysight Technologies Inc. by 13.5%, now owning approximately 512,547 shares valued at $76.77 million.
• Analysts have upgraded their price targets for Keysight Technologies, with JPMorgan Chase raising theirs from $177.00 to $200.00 and Barclays reducing it from $200.00 to $195.00, signaling varying confidence in the stock.
• Keysight Technologies reported earnings of $1.72 EPS, surpassing analysts' expectations, and provided financial guidance for Q4 2025 of 1.790-1.850 EPS.

Royal Bank of Canada reduced its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 13.5% in the first quarter, according to its most recent filing with the SEC. The fund owned 512,547 shares of the scientific and technical instruments company's stock after selling 80,028 shares during the period. Royal Bank of Canada owned about 0.30% of Keysight Technologies worth $76,766,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Summit Financial LLC increased its holdings in Keysight Technologies by 2.2% during the 1st quarter. Summit Financial LLC now owns 3,468 shares of the scientific and technical instruments company's stock worth $519,000 after purchasing an additional 73 shares during the period. Private Trust Co. NA increased its holdings in Keysight Technologies by 39.9% during the 1st 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. Principal Securities Inc. increased its holdings in Keysight Technologies by 9.1% during the 1st quarter. Principal Securities Inc. now owns 910 shares of the scientific and technical instruments company's stock worth $146,000 after purchasing an additional 76 shares during the period. Haven Private LLC increased its holdings in Keysight Technologies by 2.1% during the 1st quarter. Haven Private LLC now owns 3,974 shares of the scientific and technical instruments company's stock worth $595,000 after purchasing an additional 82 shares during the period. Finally, Pinnacle Bancorp Inc. increased its holdings in Keysight Technologies by 14.2% during the 1st quarter. Pinnacle Bancorp Inc. now owns 669 shares of the scientific and technical instruments company's stock worth $100,000 after purchasing an additional 83 shares during the period. 84.58% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on KEYS shares. Wall Street Zen upgraded Keysight Technologies from a "buy" rating to a "strong-buy" rating in a report on Friday. Bank of America lifted their price target on Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a report on Wednesday, August 20th. Barclays cut their price target on Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating on the stock in a report on Wednesday, August 20th. Morgan Stanley lifted their price target on Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a report on Tuesday, May 13th. Finally, JPMorgan Chase & Co. lifted their price target on Keysight Technologies from $177.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $187.38.

Keysight Technologies Stock Performance

KEYS traded up $1.16 on Friday, reaching $168.11. 957,194 shares of the stock were exchanged, compared to its average volume of 1,040,006. The company's 50-day moving average price is $163.92 and its 200 day moving average price is $157.09. Keysight Technologies Inc. has a fifty-two week low of $121.43 and a fifty-two week high of $186.20. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94. The firm has a market capitalization of $28.89 billion, a PE ratio of 53.54, a PEG ratio of 2.35 and a beta of 1.16.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 EPS for the quarter, topping 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 company had revenue of $1.35 billion during the quarter, compared to analysts' expectations of $1.32 billion. During the same quarter in the previous year, the firm posted $1.57 EPS. The firm's revenue was up 11.1% compared to the same quarter last year. 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, sell-side analysts forecast that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 12,215 shares of Keysight Technologies stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $164.60, for a total transaction of $2,010,589.00. Following the completion of the sale, the chief financial officer owned 115,228 shares of the company's stock, valued at approximately $18,966,528.80. The trade was a 9.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Ingrid A. Estrada sold 10,000 shares of the business's stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $158.97, for a total value of $1,589,700.00. Following the completion of the transaction, the senior vice president directly owned 108,590 shares of the company's stock, valued at approximately $17,262,552.30. This trade represents a 8.43% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.61% of the company's stock.

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.