UniSuper Management Pty Ltd Has $38.34 Million Stock Holdings in Keysight Technologies Inc. $KEYS

Key Points

• UniSuper Management Pty Ltd increased its stake in Keysight Technologies by 0.7%, owning a total of 255,995 shares worth approximately $38.34 million as of the end of the most recent reporting period.
• Multiple institutional investors, including Vanguard Group Inc. and Price T Rowe Associates Inc., have raised their stakes in Keysight Technologies during the first quarter, reflecting strong interest in the company.
• Keysight Technologies reported earnings of $1.72 per share for the quarter, exceeding analyst expectations, with revenue also surpassing consensus estimates at $1.35 billion.

UniSuper Management Pty Ltd boosted its holdings in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 0.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 255,995 shares of the scientific and technical instruments company's stock after purchasing an additional 1,721 shares during the quarter. UniSuper Management Pty Ltd owned 0.15% of Keysight Technologies worth $38,340,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. raised its stake in Keysight Technologies by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 20,969,511 shares of the scientific and technical instruments company's stock worth $3,140,604,000 after purchasing an additional 95,876 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in Keysight Technologies by 16.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 18,790,100 shares of the scientific and technical instruments company's stock worth $2,814,195,000 after purchasing an additional 2,675,148 shares in the last quarter. Boston Partners raised its stake in Keysight Technologies by 7.7% in the 1st quarter. Boston Partners now owns 4,263,417 shares of the scientific and technical instruments company's stock worth $636,854,000 after purchasing an additional 305,143 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its stake in Keysight Technologies by 1.0% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,317,700 shares of the scientific and technical instruments company's stock worth $496,892,000 after purchasing an additional 33,818 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Keysight Technologies by 9.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,593,611 shares of the scientific and technical instruments company's stock worth $416,612,000 after purchasing an additional 214,015 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

Insider Buying and Selling at Keysight Technologies

In related news, SVP Ingrid A. Estrada sold 10,000 shares of the stock in a transaction dated 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 owned 108,590 shares in the company, valued at approximately $17,262,552.30. This represents a 8.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through 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 transaction of $2,010,589.00. Following the transaction, the chief financial officer owned 115,228 shares of the company's stock, valued at approximately $18,966,528.80. The trade was a 9.58% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.61% of the company's stock.

Analyst Upgrades and Downgrades

KEYS has been the subject of several analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Keysight Technologies from $177.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. Morgan Stanley raised their target price on shares of Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a report on Tuesday, May 13th. Barclays decreased their target price on shares of Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating on the stock in a report on Wednesday, August 20th. Wall Street Zen raised shares of Keysight Technologies from a "buy" rating to a "strong-buy" rating in a report on Friday. Finally, Bank of America lifted their price target on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a report on Wednesday, August 20th. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Keysight Technologies has an average rating of "Moderate Buy" and a consensus price target of $187.38.

Keysight Technologies Stock Up 0.7%

Shares of NYSE KEYS opened at $168.11 on Friday. The company has a market capitalization of $28.89 billion, a P/E ratio of 53.54, a price-to-earnings-growth ratio of 2.35 and a beta of 1.16. Keysight Technologies Inc. has a 52-week low of $121.43 and a 52-week high of $186.20. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.94 and a current ratio of 3.59. The company's 50 day moving average price is $163.92 and its 200-day moving average price is $157.09.

Keysight Technologies (NYSE:KEYS - Get Free Report) last released its earnings results 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 company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.32 billion. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. Keysight Technologies's quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.57 EPS. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. Equities analysts forecast that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

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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