Keysight Technologies Inc. $KEYS Shares Sold by Woodline Partners LP

Key Points

• Woodline Partners LP has reduced its stake in Keysight Technologies Inc. by 42.8%, now holding approximately $19.07 million in the company after selling over 95,000 shares.
• A significant 84.58% of Keysight's stock is owned by institutional investors and hedge funds, indicating a strong interest from major financial entities.
• Keysight Technologies reported a better-than-expected quarterly earnings with an EPS of $1.72, exceeding the consensus estimate by $0.05, along with a revenue of $1.35 billion for the quarter.

Woodline Partners LP lowered its stake in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 42.8% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 127,299 shares of the scientific and technical instruments company's stock after selling 95,346 shares during the period. Woodline Partners LP owned approximately 0.07% of Keysight Technologies worth $19,066,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Keysight Technologies by 0.5% during the first 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 lifted its stake in Keysight Technologies by 16.6% during 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 acquiring an additional 2,675,148 shares in the last quarter. Boston Partners lifted its stake in Keysight Technologies by 7.7% during 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 acquiring an additional 305,143 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its holdings in Keysight Technologies by 1.0% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,317,700 shares of the scientific and technical instruments company's stock valued at $496,892,000 after acquiring an additional 33,818 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position 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 valued at $416,612,000 after acquiring an additional 214,015 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.

Keysight Technologies Stock Down 1.1%

Shares of KEYS traded down $1.81 during midday trading on Friday, reaching $170.56. The stock had a trading volume of 812,094 shares, compared to its average volume of 1,056,392. The company has a market cap of $29.31 billion, a price-to-earnings ratio of 54.32, a PEG ratio of 2.40 and a beta of 1.16. The company's fifty day simple moving average is $164.74 and its two-hundred day simple moving average is $156.99. Keysight Technologies Inc. has a 1-year low of $121.43 and a 1-year high of $186.20. 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 posted its earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 EPS for the quarter, beating the consensus estimate of $1.67 by $0.05. The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.Keysight Technologies's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.57 earnings per share. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. Equities research analysts expect that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Wall Street Zen raised shares of Keysight Technologies from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 5th. Barclays reduced 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. JPMorgan Chase & Co. boosted their price target 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. Finally, Bank of America increased their price objective on Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a research note on Wednesday, August 20th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $187.38.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 10,000 shares of the stock in a transaction that occurred 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 directly owned 108,590 shares in the company, valued at $17,262,552.30. This represents a 8.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Neil Dougherty sold 12,215 shares of the firm's stock in a transaction that occurred 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 sale, the chief financial officer directly owned 115,228 shares in the company, 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.

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.