UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Sells 274,046 Shares of Keysight Technologies Inc. $KEYS

Key Points

• UBS Asset Management has reduced its stake in Keysight Technologies by 10.6%, now owning approximately 2.32 million shares valued at about $347.4 million.
• Keysight Technologies recently reported earnings per share of $1.72, surpassing expectations, with revenue of $1.35 billion, marking an 11.1% increase year-over-year.
• Several analysts have upgraded their ratings and price targets for Keysight Technologies, with seven analysts rating it a Buy and a consensus price target of $187.38.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC cut its stake in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 10.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,319,565 shares of the scientific and technical instruments company's stock after selling 274,046 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 1.34% of Keysight Technologies worth $347,401,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Central Pacific Bank Trust Division raised its stake in shares of Keysight Technologies by 97.8% in the first quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company's stock worth $27,000 after acquiring an additional 90 shares during the last quarter. Accent Capital Management LLC bought a new position in shares of Keysight Technologies in the first quarter worth about $28,000. Manchester Capital Management LLC raised its stake in shares of Keysight Technologies by 85.0% in the first quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company's stock worth $35,000 after acquiring an additional 108 shares during the last quarter. Zions Bancorporation National Association UT acquired a new stake in shares of Keysight Technologies during the 1st quarter worth approximately $36,000. Finally, WPG Advisers LLC acquired a new stake in shares of Keysight Technologies during the 1st quarter worth approximately $39,000. 84.58% of the stock is owned by institutional investors.

Keysight Technologies Stock Up 0.7%

Shares of NYSE KEYS opened at $170.26 on Thursday. The stock has a market cap of $29.26 billion, a P/E ratio of 54.22, a P/E/G ratio of 2.37 and a beta of 1.16. The firm has a 50 day moving average price of $164.21 and a 200 day moving average price of $157.03. 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.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.67 by $0.05. The firm had revenue of $1.35 billion during the quarter, compared to analysts' expectations of $1.32 billion. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. The business's revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.57 earnings per share. 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 year.

Insider Buying and Selling

In related news, CFO Neil Dougherty sold 12,215 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the chief financial officer owned 115,228 shares in the company, valued at approximately $18,966,528.80. The trade was a 9.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Ingrid A. Estrada sold 10,000 shares of Keysight Technologies stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $158.97, for a total transaction of $1,589,700.00. Following the completion of the transaction, the senior vice president directly owned 108,590 shares in the company, valued at approximately $17,262,552.30. The trade was a 8.43% decrease in their position. The disclosure for this sale can be found here. 0.61% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several brokerages have recently commented on KEYS. Wall Street Zen upgraded shares of Keysight Technologies from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 5th. JPMorgan Chase & Co. lifted their price target on shares of Keysight Technologies from $177.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday, July 17th. Bank of America lifted their price target on shares of Keysight Technologies from $175.00 to $179.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 20th. Finally, Barclays lowered their price target on shares of Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating for the company in a research report on Wednesday, August 20th. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Keysight Technologies currently has a consensus rating of "Moderate Buy" and an average price target 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.

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