Keysight Technologies Inc. $KEYS Shares Bought by Voya Investment Management LLC

Key Points

• Voya Investment Management LLC increased its stake in Keysight Technologies by 22.6%, acquiring an additional 20,595 shares and now owns approximately $16.76 million in stock.
• Insider trading was reported, with SVP Ingrid A. Estrada and CFO Neil Dougherty selling 10,000 and 12,215 shares respectively, leading to ownership decreases of 8.43% and 9.58%.
• Analysts upgraded Keysight Technologies from a "buy" to a "strong-buy" rating, with a consensus price target of $187.38 amid positive quarterly earnings results.

Voya Investment Management LLC lifted its holdings in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 22.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 111,909 shares of the scientific and technical instruments company's stock after acquiring an additional 20,595 shares during the period. Voya Investment Management LLC owned 0.07% of Keysight Technologies worth $16,761,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in KEYS. Central Pacific Bank Trust Division lifted its position 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 buying an additional 90 shares in the last quarter. Accent Capital Management LLC purchased a new stake in shares of Keysight Technologies in the first quarter worth about $28,000. Manchester Capital Management LLC lifted its position 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 buying an additional 108 shares in the last quarter. Zions Bancorporation National Association UT purchased a new stake in shares of Keysight Technologies in the first quarter worth about $36,000. Finally, Private Trust Co. NA lifted its position in shares of Keysight Technologies by 39.9% in the first quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company's stock worth $39,000 after buying an additional 75 shares in the last quarter. Institutional investors own 84.58% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. boosted their target price on 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 upped their price objective on Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a research report on Wednesday, August 20th. Wall Street Zen downgraded Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday. Finally, Barclays reduced 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. Seven equities 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, the stock currently has an average rating of "Moderate Buy" and an average target price of $187.38.

Insider Buying and Selling

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the company's stock in a transaction that occurred on 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 directly owned 106,590 shares in the company, valued at $18,544,528.20. This represents a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Neil Dougherty sold 12,215 shares of the company'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 value of $2,010,589.00. Following the completion of the sale, the chief financial officer owned 115,228 shares of the company's stock, valued at $18,966,528.80. This trade represents a 9.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 14,357 shares of company stock valued at $2,383,195 over the last 90 days. Company insiders own 0.61% of the company's stock.

Keysight Technologies Price Performance

Shares of Keysight Technologies stock traded up $1.15 on Friday, hitting $178.36. The company's stock had a trading volume of 2,324,472 shares, compared to its average volume of 859,835. 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 1 year low of $121.43 and a 1 year high of $186.20. The firm has a fifty day moving average price of $165.82 and a 200-day moving average price of $157.59. The company has a market capitalization of $30.65 billion, a price-to-earnings ratio of 56.80, a price-to-earnings-growth ratio of 2.47 and a beta of 1.16.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $1.32 billion. During the same period in the previous year, the business earned $1.57 EPS. Keysight Technologies's quarterly revenue 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. As a group, sell-side analysts anticipate that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

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.