Union Bancaire Privee UBP SA Sells 3,523 Shares of Keysight Technologies Inc. $KEYS

Key Points

• Union Bancaire Privee UBP SA has reduced its stake in Keysight Technologies by 57%, selling 3,523 shares during the second quarter, leaving it with 2,657 shares valued at $438,000.
• Keysight Technologies reported earnings of $1.72 per share, surpassing estimates, with quarterly revenue reaching $1.35 billion, which marked an 11.1% year-over-year increase.
• Analysts have mixed views on Keysight Technologies, with Barclays cutting its price target to $195, while JPMorgan raised it to $200, indicating a consensus rating of "Moderate Buy" for the stock.

Union Bancaire Privee UBP SA cut its stake in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 57.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,657 shares of the scientific and technical instruments company's stock after selling 3,523 shares during the quarter. Union Bancaire Privee UBP SA's holdings in Keysight Technologies were worth $438,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Chicago Capital LLC increased its stake in Keysight Technologies by 113.7% in the second quarter. Chicago Capital LLC now owns 5,556 shares of the scientific and technical instruments company's stock worth $910,000 after purchasing an additional 2,956 shares during the period. One Wealth Advisors LLC purchased a new stake in Keysight Technologies in the second quarter worth $227,000. GC Wealth Management RIA LLC purchased a new stake in Keysight Technologies in the second quarter worth $351,000. V Square Quantitative Management LLC increased its stake in shares of Keysight Technologies by 4.9% during the second quarter. V Square Quantitative Management LLC now owns 16,000 shares of the scientific and technical instruments company's stock valued at $2,622,000 after buying an additional 742 shares during the period. Finally, Crown Oak Advisors LLC increased its stake in shares of Keysight Technologies by 0.6% during the second quarter. Crown Oak Advisors LLC now owns 59,012 shares of the scientific and technical instruments company's stock valued at $9,670,000 after buying an additional 347 shares during the period. Hedge funds and other institutional investors own 84.58% of the company's stock.

Keysight Technologies Price Performance

Shares of KEYS stock opened at $173.32 on Thursday. Keysight Technologies Inc. has a 1-year low of $121.43 and a 1-year high of $186.20. The stock's 50-day moving average is $167.61 and its 200 day moving average is $158.82. The company has a market cap of $29.79 billion, a P/E ratio of 55.20, a PEG ratio of 2.44 and a beta of 1.18. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94.

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 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 for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter last year, the company earned $1.57 earnings per share. The firm's revenue for the quarter was up 11.1% compared to the same quarter last year. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. Research analysts predict that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

Insiders Place Their Bets

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the firm's 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 completion of the sale, the senior vice president owned 106,590 shares of the company's stock, valued at approximately $18,544,528.20. This trade represents a 1.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.61% of the company's stock.

About Keysight Technologies

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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