William Blair Investment Management LLC Purchases New Position in Keysight Technologies Inc. $KEYS

Key Points

• William Blair Investment Management acquired 38,348 Keysight Technologies shares worth approximately $13.4 million during the second quarter. Institutional investors collectively own 84.58% of the company.
• Keysight reported fiscal third-quarter EPS of $3.07 versus the $2.48 consensus, while revenue rose 36.5% year over year to $1.85 billion and management issued upbeat fourth-quarter guidance. AI infrastructure, semiconductor, 6G, automotive and energy-transition demand are highlighted as key growth drivers.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $392.83; JPMorgan, Wells Fargo and Barclays recently raised their targets. However, the stock’s premium valuation and retreat below its 50-day moving average could limit near-term upside.

William Blair Investment Management LLC acquired a new position in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 38,348 shares of the scientific and technical instruments company's stock, valued at approximately $13,424,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. IMG Wealth Management Inc. acquired a new stake in shares of Keysight Technologies in the second quarter valued at about $29,000. Virtus Advisers LLC acquired a new position in Keysight Technologies during the 2nd quarter worth approximately $35,000. Cornerstone Planning Group LLC boosted its holdings in Keysight Technologies by 36.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company's stock worth $32,000 after acquiring an additional 30 shares during the period. Quarry LP purchased a new position in Keysight Technologies in the 4th quarter worth approximately $25,000. Finally, Rakuten Securities Inc. acquired a new stake in Keysight Technologies in the second quarter valued at approximately $50,000. Hedge funds and other institutional investors own 84.58% of the company's stock.

Wall Street Analysts Forecast Growth

KEYS has been the topic of a number of recent research reports. Wall Street Zen cut shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 1st. Zacks Research raised shares of Keysight Technologies from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. lifted their price target on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an "overweight" rating in a research note on Wednesday. Wells Fargo & Company upped their price objective on shares of Keysight Technologies from $390.00 to $405.00 and gave the company an "overweight" rating in a research report on Wednesday. Finally, Barclays raised their target price on Keysight Technologies from $387.00 to $429.00 and gave the company an "overweight" rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Keysight Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $392.83.

Keysight Technologies News Roundup

Here are the key news stories impacting Keysight Technologies this week:

• Positive Sentiment: Strong results and raised outlook: Keysight reported fiscal third-quarter EPS of $3.07, well above the $2.48 consensus, while revenue reached $1.85 billion versus expectations of $1.75 billion. Revenue increased 36.5% year over year, and management issued upbeat fourth-quarter guidance. Keysight Technologies Gains Attention After Results Update
• Positive Sentiment: AI growth opportunity: Analysts view Keysight’s testing and measurement equipment as a potential durable beneficiary of AI data-center and networking investment, supporting the company’s raised outlook. Keysight Raised Its Outlook
• Positive Sentiment: Multiple growth drivers: Coverage highlights momentum in AI infrastructure, advanced semiconductors, 6G, automotive technology and energy-transition applications, particularly within Keysight’s Electronic Industrial Solutions Group. Keysight Focuses on AI Infrastructure Keysight Rides on EISG Strength
• Positive Sentiment: Analyst support: JPMorgan and Robert W. Baird commentary points to further price appreciation, reinforcing bullish sentiment following the earnings update. JPMorgan Forecasts Strong Price Appreciation Baird Analyst Expects Keysight Stock to Rise
• Neutral Sentiment: Additional analyst coverage remains focused on whether AI-related equipment demand can sustain Keysight’s growth, with broader market attention supporting visibility but not necessarily creating a new company-specific catalyst. Analyst Insights on Keysight Technologies
• Negative Sentiment: Valuation and technical factors could temper enthusiasm: KEYS trades at a forward-looking premium, and its recent retreat has left the shares below the 50-day moving average, potentially encouraging profit-taking despite strong fundamentals. Why Keysight Technologies Is in Focus

Keysight Technologies Stock Performance

Keysight Technologies stock opened at $315.95 on Friday. Keysight Technologies Inc. has a 52 week low of $158.79 and a 52 week high of $374.96. The company has a current ratio of 2.02, a quick ratio of 1.51 and a debt-to-equity ratio of 0.28. The stock has a market cap of $54.00 billion, a P/E ratio of 43.40, a price-to-earnings-growth ratio of 1.80 and a beta of 1.22. The stock has a 50 day moving average of $332.86 and a 200-day moving average of $315.34.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.48 by $0.59. The business had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.75 billion. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The business's revenue was up 36.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.72 earnings per share. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. On average, analysts expect that Keysight Technologies Inc. will post 9.03 EPS for the current fiscal year.

Insider Transactions at Keysight Technologies

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $340.87, for a total transaction of $681,740.00. Following the transaction, the senior vice president owned 105,861 shares of the company's stock, valued at approximately $36,084,839.07. This trade represents a 1.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Cullen sold 3,000 shares of Keysight Technologies stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total value of $1,039,740.00. Following the completion of the transaction, the director owned 21,821 shares of the company's stock, valued at $7,562,722.18. This trade represents a 12.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 5,507 shares of company stock valued at $1,904,669. Insiders own 0.40% of the company's stock.

Keysight Technologies Company Profile

Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.

Keysight's product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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