CIBC Private Wealth Group LLC Reduces Stock Position in Keysight Technologies Inc. $KEYS

CIBC Private Wealth Group LLC cut its holdings in Keysight Technologies Inc. (NYSE:KEYS) by 2.0% during the 3rd quarter, Holdings Channel reports. The firm owned 158,100 shares of the scientific and technical instruments company’s stock after selling 3,247 shares during the period. CIBC Private Wealth Group LLC’s holdings in Keysight Technologies were worth $27,655,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. CIBC Bancorp USA Inc. bought a new position in Keysight Technologies during the 3rd quarter valued at approximately $4,153,000. Captrust Financial Advisors grew its position in shares of Keysight Technologies by 2.5% in the 3rd quarter. Captrust Financial Advisors now owns 17,563 shares of the scientific and technical instruments company’s stock worth $3,072,000 after buying an additional 425 shares during the last quarter. Danica Pension Livsforsikringsaktieselskab purchased a new position in shares of Keysight Technologies during the third quarter valued at approximately $18,990,000. Danske Bank A S purchased a new position in shares of Keysight Technologies during the third quarter valued at approximately $13,653,000. Finally, Kestra Private Wealth Services LLC bought a new position in shares of Keysight Technologies during the third quarter valued at approximately $203,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Insider Activity

In related news, CFO Neil Dougherty sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $203.72, for a total transaction of $203,720.00. Following the completion of the sale, the chief financial officer owned 127,833 shares of the company’s stock, valued at $26,042,138.76. This trade represents a 0.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $237.68, for a total transaction of $475,360.00. Following the completion of the transaction, the senior vice president owned 107,861 shares of the company’s stock, valued at approximately $25,636,402.48. The trade was a 1.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 34,889 shares of company stock valued at $9,746,021. Company insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on KEYS shares. Susquehanna reaffirmed a “positive” rating and issued a $300.00 price target on shares of Keysight Technologies in a research note on Tuesday, February 24th. JPMorgan Chase & Co. upped their price objective on shares of Keysight Technologies from $255.00 to $300.00 and gave the stock an “overweight” rating in a report on Tuesday, February 24th. Zacks Research raised shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 2nd. Citigroup lifted their target price on shares of Keysight Technologies from $220.00 to $282.00 and gave the company a “buy” rating in a research note on Wednesday, February 25th. Finally, The Goldman Sachs Group boosted their price target on shares of Keysight Technologies from $243.00 to $322.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $295.36.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock opened at $290.29 on Friday. Keysight Technologies Inc. has a 1 year low of $121.43 and a 1 year high of $317.00. The firm’s 50-day moving average is $248.17 and its 200 day moving average is $206.34. The stock has a market cap of $49.78 billion, a price-to-earnings ratio of 52.30, a PEG ratio of 2.21 and a beta of 1.12. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.60 and a quick ratio of 2.02.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $2.00 by $0.17. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.54 billion. Keysight Technologies had a net margin of 16.84% and a return on equity of 19.26%. Keysight Technologies’s revenue was up 23.3% compared to the same quarter last year. During the same period last year, the business earned $1.82 EPS. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. Sell-side analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

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

About Keysight Technologies

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.