Allstate Corp purchased a new stake in Keysight Technologies Inc. (NYSE:KEYS – Free Report) during the 3rd quarter, HoldingsChannel reports. The firm purchased 6,166 shares of the scientific and technical instruments company’s stock, valued at approximately $1,079,000.
Several other institutional investors have also added to or reduced their stakes in the stock. Haven Private LLC lifted its position in shares of Keysight Technologies by 1.7% in the 2nd quarter. Haven Private LLC now owns 4,041 shares of the scientific and technical instruments company’s stock worth $662,000 after purchasing an additional 67 shares during the period. BlackDiamond Wealth Management LLC raised its stake in Keysight Technologies by 3.9% in the second quarter. BlackDiamond Wealth Management LLC now owns 1,796 shares of the scientific and technical instruments company’s stock worth $295,000 after buying an additional 68 shares in the last quarter. IFP Advisors Inc lifted its holdings in Keysight Technologies by 49.1% in the second quarter. IFP Advisors Inc now owns 246 shares of the scientific and technical instruments company’s stock worth $40,000 after buying an additional 81 shares during the period. Wedmont Private Capital boosted its position in Keysight Technologies by 3.5% during the 3rd quarter. Wedmont Private Capital now owns 2,512 shares of the scientific and technical instruments company’s stock valued at $427,000 after acquiring an additional 86 shares in the last quarter. Finally, SouthState Corp grew its holdings in shares of Keysight Technologies by 20.4% during the 2nd quarter. SouthState Corp now owns 513 shares of the scientific and technical instruments company’s stock worth $84,000 after acquiring an additional 87 shares during the period. 84.58% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on KEYS shares. Wells Fargo & Company raised their target price on Keysight Technologies from $190.00 to $225.00 and gave the company an “overweight” rating in a research note on Tuesday, November 25th. The Goldman Sachs Group reiterated a “buy” rating and issued a $243.00 price objective on shares of Keysight Technologies in a report on Thursday, January 15th. JPMorgan Chase & Co. boosted their target price on shares of Keysight Technologies from $200.00 to $207.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. UBS Group set a $230.00 target price on shares of Keysight Technologies in a research report on Tuesday, November 25th. Finally, Barclays lifted their price target on shares of Keysight Technologies from $195.00 to $232.00 and gave the company an “overweight” rating in a research 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 company’s stock. According to MarketBeat.com, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $219.82.
Keysight Technologies Stock Performance
KEYS stock opened at $216.59 on Thursday. The stock’s 50 day simple moving average is $201.63 and its 200 day simple moving average is $180.21. The company has a current ratio of 2.35, a quick ratio of 1.78 and a debt-to-equity ratio of 0.43. Keysight Technologies Inc. has a 12-month low of $121.43 and a 12-month high of $218.15. The stock has a market capitalization of $37.21 billion, a PE ratio of 44.29, a price-to-earnings-growth ratio of 2.25 and a beta of 1.18.
Keysight Technologies (NYSE:KEYS – Get Free Report) last posted its quarterly earnings results on Monday, November 24th. The scientific and technical instruments company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.08. The firm had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.39 billion. Keysight Technologies had a return on equity of 19.30% and a net margin of 15.71%.The company’s revenue was up 10.1% on a year-over-year basis. During the same quarter 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, research analysts forecast that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.
Keysight Technologies announced that its Board of Directors has authorized a share repurchase plan on Monday, November 24th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the scientific and technical instruments company to purchase up to 4.9% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its shares are undervalued.
Insider Buying and Selling
In other news, SVP Jeffrey K. Li sold 3,934 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $200.84, for a total transaction of $790,104.56. Following the sale, the senior vice president owned 36,699 shares of the company’s stock, valued at $7,370,627.16. This trade represents a 9.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Sung Yoon sold 889 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $206.66, for a total transaction of $183,720.74. Following the completion of the sale, the senior vice president owned 16,953 shares of the company’s stock, valued at $3,503,506.98. This represents a 4.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 78,784 shares of company stock worth $15,841,737 in the last three months. 0.61% of the stock is currently owned by company insiders.
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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