Saranac Partners Ltd Invests $4.45 Million in Keysight Technologies Inc. $KEYS

Key Points

• Saranac Partners invested approximately $4.45 million in Keysight Technologies during the second quarter by purchasing 12,759 shares. Institutional investors collectively own 84.58% of the company.
• Keysight reported strong fiscal third-quarter results, with EPS of $3.07 versus the $2.48 consensus and revenue of $1.85 billion, up 36.5% year over year. The company also issued guidance for continued growth.
• Analysts remain broadly bullish, with UBS, Susquehanna and Barclays raising price targets and the stock carrying a “Moderate Buy” consensus rating with an average target of $392.83. Shares recently traded at $315.95, below the 50-day moving average.

Saranac Partners Ltd bought a new stake in Keysight Technologies Inc. (NYSE:KEYS - Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 12,759 shares of the scientific and technical instruments company's stock, valued at approximately $4,448,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Keysight Technologies by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 21,525,694 shares of the scientific and technical instruments company's stock worth $4,373,806,000 after buying an additional 101,856 shares during the last quarter. BlackRock Inc. bought a new position in Keysight Technologies in the second quarter valued at about $7,030,806,000. Price T Rowe Associates Inc. MD grew its position in Keysight Technologies by 0.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 17,419,811 shares of the scientific and technical instruments company's stock valued at $3,539,532,000 after acquiring an additional 85,693 shares during the last quarter. State Street Corp raised its stake in Keysight Technologies by 2.5% during the fourth quarter. State Street Corp now owns 8,191,895 shares of the scientific and technical instruments company's stock worth $1,664,511,000 after acquiring an additional 200,279 shares in the last quarter. Finally, Boston Partners raised its stake in Keysight Technologies by 3.4% during the third quarter. Boston Partners now owns 4,870,268 shares of the scientific and technical instruments company's stock worth $851,525,000 after acquiring an additional 160,728 shares in the last quarter. Institutional investors own 84.58% of the company's stock.

More Keysight Technologies News

Here are the key news stories impacting Keysight Technologies this week:

• Positive Sentiment: Strong results and raised outlook: Keysight reported fiscal third-quarter EPS of $3.07, well above the $2.48 consensus, while revenue reached $1.85 billion versus expectations of $1.75 billion. Revenue increased 36.5% year over year, and management issued upbeat fourth-quarter guidance. Keysight Technologies Gains Attention After Results Update
• Positive Sentiment: AI growth opportunity: Analysts view Keysight’s testing and measurement equipment as a potential durable beneficiary of AI data-center and networking investment, supporting the company’s raised outlook. Keysight Raised Its Outlook
• Positive Sentiment: Multiple growth drivers: Coverage highlights momentum in AI infrastructure, advanced semiconductors, 6G, automotive technology and energy-transition applications, particularly within Keysight’s Electronic Industrial Solutions Group. Keysight Focuses on AI Infrastructure Keysight Rides on EISG Strength
• Positive Sentiment: Analyst support: JPMorgan and Robert W. Baird commentary points to further price appreciation, reinforcing bullish sentiment following the earnings update. JPMorgan Forecasts Strong Price Appreciation Baird Analyst Expects Keysight Stock to Rise
• Neutral Sentiment: Additional analyst coverage remains focused on whether AI-related equipment demand can sustain Keysight’s growth, with broader market attention supporting visibility but not necessarily creating a new company-specific catalyst. Analyst Insights on Keysight Technologies
• Negative Sentiment: Valuation and technical factors could temper enthusiasm: KEYS trades at a forward-looking premium, and its recent retreat has left the shares below the 50-day moving average, potentially encouraging profit-taking despite strong fundamentals. Why Keysight Technologies Is in Focus

Insider Buying and Selling at Keysight Technologies

In other news, CEO Satish Dhanasekaran sold 507 shares of the firm's stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $361.32, for a total value of $183,189.24. Following the completion of the sale, the chief executive officer directly owned 121,391 shares in the company, valued at $43,860,996.12. This trade represents a 0.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ingrid A. Estrada sold 2,000 shares of the business's stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $340.87, for a total value of $681,740.00. Following the completion of the sale, the senior vice president directly owned 105,861 shares of the company's stock, valued at $36,084,839.07. The trade was a 1.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 5,507 shares of company stock valued at $1,904,669. Corporate insiders own 0.40% of the company's stock.

Keysight Technologies Trading Down 0.1%

Shares of KEYS stock opened at $315.95 on Monday. Keysight Technologies Inc. has a fifty-two week low of $158.79 and a fifty-two week high of $374.96. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.62 and a current ratio of 2.02. The stock has a 50 day simple moving average of $332.86 and a two-hundred day simple moving average of $315.99. The company has a market cap of $54.00 billion, a P/E ratio of 43.40, a PEG ratio of 1.80 and a beta of 1.22.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, topping the consensus estimate of $2.48 by $0.59. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter last year, the firm posted $1.72 EPS. The company's quarterly revenue was up 36.5% on a year-over-year basis. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. Research analysts forecast that Keysight Technologies Inc. will post 9.03 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. UBS Group raised their price target on shares of Keysight Technologies from $420.00 to $440.00 and gave the company a "buy" rating in a research note on Wednesday. Susquehanna increased their price objective on shares of Keysight Technologies from $425.00 to $440.00 and gave the company a "positive" rating in a research note on Wednesday. Weiss Ratings upgraded shares of Keysight Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday. Barclays upped their price target on shares of Keysight Technologies from $387.00 to $429.00 and gave the stock an "overweight" rating in a report on Wednesday. Finally, Zacks Research upgraded Keysight Technologies from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $392.83.

Keysight Technologies Profile

Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.

Keysight's product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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