Keysight Technologies Inc. $KEYS Shares Sold by Swedbank AB

Key Points

• Swedbank AB reduced its stake in Keysight Technologies by 4.6%, holding approximately 3.98 million shares worth about $651.63 million, which constitutes 0.7% of its total investment portfolio.
• Institutional investors own 84.58% of Keysight Technologies, with significant increases in holdings from Price T Rowe Associates and GAMMA Investing, among others.
• Keysight Technologies reported a 12-month high of $186.20 and recently had an EPS of $1.72, surpassing analyst expectations, with future Q4 guidance at 1.790-1.85 EPS.

Swedbank AB trimmed its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 4.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,976,719 shares of the scientific and technical instruments company's stock after selling 190,371 shares during the quarter. Keysight Technologies makes up approximately 0.7% of Swedbank AB's investment portfolio, making the stock its 24th largest position. Swedbank AB owned approximately 2.31% of Keysight Technologies worth $651,625,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Central Pacific Bank Trust Division raised its stake in shares of Keysight Technologies by 97.8% during the 1st quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company's stock worth $27,000 after buying an additional 90 shares during the period. Accent Capital Management LLC acquired a new position in shares of Keysight Technologies during the 1st quarter worth approximately $28,000. Manchester Capital Management LLC raised its stake in shares of Keysight Technologies by 85.0% during the 1st quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company's stock worth $35,000 after buying an additional 108 shares during the period. Zions Bancorporation National Association UT acquired a new position in shares of Keysight Technologies during the 1st quarter worth approximately $36,000. Finally, Private Trust Co. NA raised its stake in shares of 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 buying an additional 75 shares during the period. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Trading Up 0.6%

Shares of NYSE KEYS traded up $1.15 during mid-day trading on Friday, reaching $178.36. 2,324,472 shares of the company's stock were exchanged, compared to its average volume of 859,835. The firm has a market capitalization of $30.65 billion, a price-to-earnings ratio of 56.80, a PEG ratio of 2.47 and a beta of 1.16. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.94 and a current ratio of 3.59. 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 is $165.82 and its 200-day moving average is $157.59.

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 EPS for the quarter, beating 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 period last year, the business posted $1.57 EPS. Keysight Technologies's revenue for the quarter 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 expect that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total value of $347,960.00. Following the sale, the senior vice president owned 106,590 shares of the company's stock, valued at $18,544,528.20. This trade represents a 1.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Neil Dougherty sold 12,215 shares of the stock in a transaction dated 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 completion of the sale, the chief financial officer directly owned 115,228 shares in the company, valued at $18,966,528.80. This represents a 9.58% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 14,357 shares of company stock worth $2,383,195 in the last ninety days. 0.61% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on KEYS shares. Wall Street Zen raised Keysight Technologies from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 5th. Barclays reduced their price objective on Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating for the company in a research note on Wednesday, August 20th. JPMorgan Chase & Co. increased their price objective 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, Bank of America increased their price objective on Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a research note on Wednesday, August 20th. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $187.38.

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.