Sequoia Financial Advisors LLC Purchases 4,975 Shares of Keysight Technologies Inc. $KEYS

Key Points

• Sequoia Financial Advisors increased its Keysight Technologies stake by 12.5% in the second quarter, purchasing 4,975 shares for a total holding of 44,732 shares valued at approximately $15.7 million. Institutional investors own 84.58% of the company.
• Analysts maintain a positive outlook, with one Strong Buy, 11 Buy, and two Hold ratings. The consensus rating is “Moderate Buy”, with an average price target of $392.83.
• Keysight reported quarterly revenue of $1.85 billion and EPS of $3.07, beating estimates of $1.75 billion and $2.48, respectively; revenue rose 36.5% year over year. The stock opened at $325.79, while insiders have sold 9,507 shares worth about $3.1 million over the past three months.

Sequoia Financial Advisors LLC raised its position in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 12.5% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 44,732 shares of the scientific and technical instruments company's stock after buying an additional 4,975 shares during the period. Sequoia Financial Advisors LLC's holdings in Keysight Technologies were worth $15,659,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in KEYS. Fiduciary Financial Advisors bought a new position in shares of Keysight Technologies during the second quarter valued at about $28,000. IMG Wealth Management Inc. purchased a new stake in shares of Keysight Technologies during the second quarter worth about $29,000. Compass Financial Management LLC bought a new stake in shares of Keysight Technologies in the second quarter worth about $34,000. Virtus Advisers LLC purchased a new position in Keysight Technologies during the 2nd quarter valued at about $35,000. Finally, Markowski Investments purchased a new position in Keysight Technologies during the 2nd quarter valued at about $38,000. Institutional investors own 84.58% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on KEYS. Morgan Stanley increased their price objective on Keysight Technologies from $400.00 to $425.00 and gave the stock an "overweight" rating in a report on Wednesday, August 19th. Weiss Ratings upgraded Keysight Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, August 20th. Truist Financial raised their price target on Keysight Technologies from $376.00 to $400.00 and gave the stock a "hold" rating in a research note on Wednesday, August 19th. The Goldman Sachs Group reiterated a "buy" rating on shares of Keysight Technologies in a report on Wednesday, May 20th. Finally, Wall Street Zen lowered shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $392.83.

Insiders Place Their Bets

In other news, Director Jean Mcclung Nye sold 3,000 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $319.22, for a total value of $957,660.00. Following the sale, the director directly owned 35,752 shares of the company's stock, valued at approximately $11,412,753.44. This represents a 7.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Satish Dhanasekaran sold 507 shares of Keysight Technologies 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 transaction, the chief executive officer directly owned 121,391 shares of the company's stock, valued at approximately $43,860,996.12. This represents a 0.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 9,507 shares of company stock valued at $3,104,109. 0.40% of the stock is currently owned by corporate insiders.

Keysight Technologies Stock Down 1.6%

NYSE:KEYS opened at $325.79 on Friday. The firm's 50-day moving average price is $325.47 and its 200-day moving average price is $324.90. The company has a market capitalization of $55.46 billion, a PE ratio of 44.75, a P/E/G ratio of 1.65 and a beta of 1.21. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.02 and a quick ratio of 1.62. Keysight Technologies Inc. has a 1-year low of $158.79 and a 1-year high of $374.96.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $1.75 billion. During the same period last year, the company posted $1.72 EPS. Keysight Technologies's 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. On average, equities analysts predict that Keysight Technologies Inc. will post 10.33 EPS for the current fiscal year.

Keysight Technologies Profile

Keysight Technologies, Inc is a technology company that provides electronic design and test solutions for engineers, manufacturers and service providers. Its products and services help customers design, validate, manufacture and optimize electronic and communications systems across the product life cycle.

The company offers electronic measurement instruments, software and related services for applications including radio-frequency and microwave testing, wireless communications, high-speed digital systems, semiconductor development and power electronics.

Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies Inc. (NYSE:KEYS - Free Report).

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.