Teacher Retirement System of Texas Sells 26,794 Shares of Keysight Technologies Inc. $KEYS

Key Points

• Teacher Retirement System of Texas cut its stake in Keysight Technologies by 54%, selling 26,794 shares and leaving 22,788 shares valued at about $4.63 million.
• Wall Street sentiment is bullish: several firms raised price targets (Goldman Sachs to $384, JPMorgan to $360) and the stock carries an average rating of "Moderate Buy" with an average target of $314.33.
• Keysight beat quarterly estimates with $2.17 EPS (vs. $2.00 expected) and $1.60B revenue (up 23.3% year-over-year), and issued FY2026 guidance of 8.59 EPS and Q2 guidance of 2.27–2.33 EPS.

Teacher Retirement System of Texas cut its stake in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 54.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,788 shares of the scientific and technical instruments company's stock after selling 26,794 shares during the period. Teacher Retirement System of Texas' holdings in Keysight Technologies were worth $4,630,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of KEYS. Allspring Global Investments Holdings LLC increased its position in shares of Keysight Technologies by 2,290.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,421,437 shares of the scientific and technical instruments company's stock valued at $246,051,000 after buying an additional 1,361,969 shares during the period. Woodline Partners LP bought a new stake in shares of Keysight Technologies during the third quarter valued at about $208,891,000. M&T Bank Corp increased its position in shares of Keysight Technologies by 9,349.0% during the fourth quarter. M&T Bank Corp now owns 1,048,176 shares of the scientific and technical instruments company's stock valued at $212,979,000 after buying an additional 1,037,083 shares during the period. Man Group plc increased its position in shares of Keysight Technologies by 164.3% during the second quarter. Man Group plc now owns 1,010,399 shares of the scientific and technical instruments company's stock valued at $165,564,000 after buying an additional 628,082 shares during the period. Finally, AQR Capital Management LLC increased its position in shares of Keysight Technologies by 2,004.8% during the second quarter. AQR Capital Management LLC now owns 572,836 shares of the scientific and technical instruments company's stock valued at $93,865,000 after buying an additional 545,620 shares during the period. 84.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

KEYS has been the topic of several research analyst reports. Susquehanna restated a "positive" rating and issued a $300.00 price objective on shares of Keysight Technologies in a research report on Tuesday, February 24th. The Goldman Sachs Group upped their price objective on shares of Keysight Technologies from $322.00 to $384.00 and gave the stock a "buy" rating in a research report on Tuesday, April 14th. JPMorgan Chase & Co. upped their price objective on shares of Keysight Technologies from $300.00 to $360.00 and gave the stock an "overweight" rating in a research report on Thursday, April 16th. Bank of America upgraded shares of Keysight Technologies from a "neutral" rating to a "buy" rating and set a $340.00 price objective on the stock in a research report on Tuesday, February 24th. Finally, Wells Fargo & Company upped their price objective on shares of Keysight Technologies from $225.00 to $300.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 24th. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Keysight Technologies currently has an average rating of "Moderate Buy" and an average target price of $314.33.

Keysight Technologies Stock Down 0.1%

KEYS stock opened at $346.76 on Monday. The company has a current ratio of 2.60, a quick ratio of 2.02 and a debt-to-equity ratio of 0.41. The company's 50 day moving average is $294.85 and its 200 day moving average is $232.10. The stock has a market cap of $59.47 billion, a price-to-earnings ratio of 62.48, a price-to-earnings-growth ratio of 2.53 and a beta of 1.15. Keysight Technologies Inc. has a 1-year low of $140.73 and a 1-year high of $352.78.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its quarterly earnings data on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share for the quarter, topping the consensus estimate of $2.00 by $0.17. The company had revenue of $1.60 billion for the quarter, compared to analysts' expectations of $1.54 billion. Keysight Technologies had a net margin of 16.84% and a return on equity of 19.26%. Keysight Technologies's revenue for the quarter was up 23.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.82 earnings per share. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. Sell-side analysts predict that Keysight Technologies Inc. will post 7.86 EPS for the current fiscal year.

Insiders Place Their Bets

In other Keysight Technologies news, Director Ronald S. Nersesian sold 30,000 shares of the company's stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $285.96, for a total value of $8,578,800.00. Following the completion of the sale, the director owned 163,377 shares of the company's stock, valued at $46,719,286.92. This represents a 15.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Jo Ann Juskie sold 1,000 shares of the company's stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $304.42, for a total value of $304,420.00. Following the completion of the sale, the senior vice president directly owned 12,552 shares of the company's stock, valued at approximately $3,821,079.84. This represents a 7.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 40,334 shares of company stock valued at $11,533,230 over the last 90 days. Company insiders own 0.40% of the company's stock.

About Keysight Technologies

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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