Baird Financial Group Inc. Sells 20,622 Shares of Keysight Technologies Inc. $KEYS

Baird Financial Group Inc. trimmed its position in Keysight Technologies Inc. (NYSE:KEYS) by 28.8% during the second quarter, Holdings Channel reports. The firm owned 50,898 shares of the scientific and technical instruments company’s stock after selling 20,622 shares during the quarter. Baird Financial Group Inc.’s holdings in Keysight Technologies were worth $8,340,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of KEYS. True Wealth Design LLC raised its stake in Keysight Technologies by 358.3% in the second quarter. True Wealth Design LLC now owns 165 shares of the scientific and technical instruments company’s stock valued at $27,000 after buying an additional 129 shares during the period. NewSquare Capital LLC increased its holdings in shares of Keysight Technologies by 155.2% during the 2nd quarter. NewSquare Capital LLC now owns 171 shares of the scientific and technical instruments company’s stock worth $28,000 after acquiring an additional 104 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of Keysight Technologies during the 2nd quarter worth approximately $34,000. Zions Bancorporation National Association UT bought a new stake in Keysight Technologies in the 1st quarter valued at $36,000. Finally, IFP Advisors Inc lifted its holdings in Keysight Technologies by 49.1% during the 2nd quarter. IFP Advisors Inc now owns 246 shares of the scientific and technical instruments company’s stock valued at $40,000 after purchasing an additional 81 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Insider Buying and Selling

In other news, SVP Jeffrey K. Li sold 3,934 shares of the company’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $200.84, for a total transaction of $790,104.56. Following the completion of the transaction, the senior vice president directly owned 36,699 shares in the company, valued at approximately $7,370,627.16. This represents a 9.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Satish Dhanasekaran sold 12,528 shares of the firm’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $196.42, for a total value of $2,460,749.76. Following the sale, the chief executive officer directly owned 132,361 shares in the company, valued at approximately $25,998,347.62. This trade represents a 8.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 59,807 shares of company stock worth $11,730,353 in the last quarter. Corporate insiders own 0.61% of the company’s stock.

Wall Street Analyst Weigh In

KEYS has been the subject of several research analyst reports. Robert W. Baird set a $210.00 target price on shares of Keysight Technologies in a report on Wednesday, November 26th. JPMorgan Chase & Co. boosted their price objective on Keysight Technologies from $200.00 to $207.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. Wall Street Zen raised Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research report on Friday, November 28th. Citigroup lifted their price target on Keysight Technologies from $215.00 to $220.00 and gave the stock a “buy” rating in a report on Tuesday, November 25th. Finally, Wells Fargo & Company upped their price objective on Keysight Technologies from $190.00 to $225.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. Eight equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Keysight Technologies has an average rating of “Moderate Buy” and an average price target of $214.82.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock opened at $209.59 on Tuesday. The company has a current ratio of 2.35, a quick ratio of 1.78 and a debt-to-equity ratio of 0.43. The company has a market cap of $36.02 billion, a PE ratio of 42.86, a price-to-earnings-growth ratio of 2.24 and a beta of 1.19. The company has a 50 day moving average of $179.04 and a 200-day moving average of $169.78. Keysight Technologies Inc. has a 1-year low of $121.43 and a 1-year high of $212.93.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Monday, November 24th. The scientific and technical instruments company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.83 by $0.08. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.39 billion. Keysight Technologies had a net margin of 15.71% and a return on equity of 19.30%. The company’s revenue was up 10.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.65 earnings per share. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. As a group, equities research analysts forecast that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Keysight Technologies declared that its board has approved a stock repurchase plan on Monday, November 24th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the scientific and technical instruments company to repurchase up to 4.9% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

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.