United Services Automobile Association Takes Position in Keysight Technologies Inc. $KEYS

Key Points

• United Services Automobile Association has invested approximately $666,000 in Keysight Technologies, acquiring a total of 4,427 shares in the scientific and technical instruments firm.
• Keysight Technologies reported an earnings per share (EPS) of $1.72 for the last quarter, surpassing analysts' expectations of $1.67, with a revenue of $1.35 billion.
• A variety of hedge funds, including Captrust Financial Advisors and OMERS ADMINISTRATION Corp, increased their stakes in Keysight, contributing to 84.58% institutional ownership of the company's stock.

United Services Automobile Association bought a new position in Keysight Technologies Inc. (NYSE:KEYS - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 4,427 shares of the scientific and technical instruments company's stock, valued at approximately $666,000.

Several other hedge funds also recently made changes to their positions in the company. Goldman Sachs Group Inc. grew its position in shares of Keysight Technologies by 4.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 797,656 shares of the scientific and technical instruments company's stock worth $119,465,000 after acquiring an additional 35,352 shares in the last quarter. UniSuper Management Pty Ltd lifted its holdings in shares of Keysight Technologies by 0.7% in the 1st quarter. UniSuper Management Pty Ltd now owns 255,995 shares of the scientific and technical instruments company's stock worth $38,340,000 after purchasing an additional 1,721 shares during the last quarter. Sandler Capital Management lifted its holdings in shares of Keysight Technologies by 349.5% in the 1st quarter. Sandler Capital Management now owns 34,587 shares of the scientific and technical instruments company's stock worth $5,180,000 after purchasing an additional 26,892 shares during the last quarter. PharVision Advisers LLC bought a new stake in shares of Keysight Technologies in the 1st quarter worth approximately $313,000. Finally, Nissay Asset Management Corp Japan ADV lifted its holdings in shares of Keysight Technologies by 1.0% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 22,241 shares of the scientific and technical instruments company's stock worth $3,331,000 after purchasing an additional 216 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

Keysight Technologies Stock Performance

Keysight Technologies stock traded down $1.81 during mid-day trading on Friday, hitting $170.56. 812,094 shares of the company's stock traded hands, compared to its average volume of 1,056,392. The firm has a 50 day moving average price of $164.74 and a 200 day moving average price of $156.99. The company has a quick ratio of 2.94, a current ratio of 3.59 and a debt-to-equity ratio of 0.45. The company has a market cap of $29.31 billion, a PE ratio of 54.32, a price-to-earnings-growth ratio of 2.40 and a beta of 1.16. Keysight Technologies Inc. has a one year low of $121.43 and a one year high of $186.20.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts' expectations of $1.32 billion. During the same period last year, the firm earned $1.57 EPS. The firm'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. On average, equities analysts forecast that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Analysts Set New Price Targets

Several analysts recently issued reports on KEYS shares. Barclays cut their price target on 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 Keysight Technologies from a "buy" rating to a "strong-buy" rating in a report on Friday, September 5th. Bank of America raised their price target on Keysight Technologies from $175.00 to $179.00 and gave the stock a "neutral" rating in a report on Wednesday, August 20th. Finally, JPMorgan Chase & Co. raised their price target on Keysight Technologies from $177.00 to $200.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $187.38.

Insider Buying and Selling at Keysight Technologies

In other news, CFO Neil Dougherty sold 12,215 shares of Keysight Technologies stock in a transaction on Monday, June 30th. The stock was sold at an average price of $164.60, for a total transaction of $2,010,589.00. Following the transaction, the chief financial officer directly owned 115,228 shares in the company, valued at approximately $18,966,528.80. This trade represents a 9.58% decrease in their position. 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 on Friday, June 20th. The shares were sold at an average price of $158.97, for a total value of $1,589,700.00. Following the transaction, the senior vice president owned 108,590 shares in the company, valued at approximately $17,262,552.30. This trade represents a 8.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.61% of the stock is currently owned by company insiders.

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.