Keysight Technologies Inc. $KEYS Shares Sold by Russell Investments Group Ltd.

Key Points

• Russell Investments Group Ltd. reduced its position in Keysight Technologies by 36.6%, selling 80,088 shares during the 1st quarter, and now owns approximately 0.08% of the company worth $20.8 million.
• Keysight Technologies reported earnings per share (EPS) of $1.70 for the quarter, exceeding analyst estimates of $1.65, with a revenue of $1.32 billion, marking a 7.4% increase year-over-year.
• Analysts have a consensus rating of "Moderate Buy" for Keysight Technologies, with price targets ranging from $175 to $200, indicating expectations for further stock growth.

Russell Investments Group Ltd. lowered its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 36.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 138,737 shares of the scientific and technical instruments company's stock after selling 80,088 shares during the quarter. Russell Investments Group Ltd. owned 0.08% of Keysight Technologies worth $20,788,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Central Pacific Bank Trust Division boosted its stake in shares of Keysight Technologies by 97.8% during the first quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company's stock valued at $27,000 after purchasing an additional 90 shares during the period. Accent Capital Management LLC bought a new stake in Keysight Technologies during the 1st quarter valued at about $28,000. Manchester Capital Management LLC boosted its position in Keysight Technologies by 85.0% in 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 buying an additional 108 shares during the period. Zions Bancorporation National Association UT bought a new position in Keysight Technologies in the 1st quarter worth about $36,000. Finally, Private Trust Co. NA boosted its holdings in shares of 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 valued at $39,000 after purchasing an additional 75 shares during the period. Hedge funds and other institutional investors own 84.58% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on the company. Bank of America upgraded Keysight Technologies from an "underperform" rating to a "neutral" rating and raised their price objective for the stock from $170.00 to $175.00 in a report on Monday, July 21st. JPMorgan Chase & Co. raised their price target on Keysight Technologies from $177.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. Finally, Morgan Stanley lifted their price objective on Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a report on Tuesday, May 13th. Seven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $187.50.

Insider Buying and Selling at Keysight Technologies

In other 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 transaction of $2,010,589.00. Following the sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard P. Hamada sold 1,589 shares of the company's stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $162.00, for a total value of $257,418.00. Following the completion of the transaction, the director directly owned 42,160 shares in the company, valued at approximately $6,829,920. The trade was a 3.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 31,830 shares of company stock valued at $5,124,049. Company insiders own 0.61% of the company's stock.

Keysight Technologies Stock Down 0.3%

Shares of KEYS stock traded down $0.5210 during trading hours on Tuesday, reaching $163.9090. 1,537,608 shares of the company's stock were exchanged, compared to its average volume of 851,924. The company has a current ratio of 3.39, a quick ratio of 2.75 and a debt-to-equity ratio of 0.46. The company has a market cap of $28.21 billion, a price-to-earnings ratio of 38.48, a P/E/G ratio of 2.32 and a beta of 1.11. Keysight Technologies Inc. has a fifty-two week low of $121.43 and a fifty-two week high of $186.20. The stock's 50 day moving average is $163.23 and its 200-day moving average is $158.42.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.05. Keysight Technologies had a return on equity of 19.65% and a net margin of 14.50%.During the same quarter last year, the company posted $1.57 EPS. The firm's quarterly revenue was up 11.1% on a year-over-year basis. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. Analysts predict that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

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.