Allstate Corp Buys 5,832 Shares of Keysight Technologies Inc. $KEYS

Allstate Corp boosted its stake in shares of Keysight Technologies Inc. (NYSE:KEYS) by 94.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,998 shares of the scientific and technical instruments company’s stock after acquiring an additional 5,832 shares during the quarter. Allstate Corp’s holdings in Keysight Technologies were worth $2,438,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Optiver Holding B.V. bought a new stake in Keysight Technologies during the 3rd quarter worth about $35,000. Entrust Financial LLC bought a new stake in Keysight Technologies during the 4th quarter worth about $45,000. Atlantic Union Bankshares Corp grew its holdings in Keysight Technologies by 36.2% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 286 shares of the scientific and technical instruments company’s stock worth $50,000 after acquiring an additional 76 shares during the last quarter. Atlantic Edge Private Wealth Management LLC grew its holdings in Keysight Technologies by 497.7% during the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 257 shares of the scientific and technical instruments company’s stock worth $52,000 after acquiring an additional 214 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in Keysight Technologies by 66.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock worth $59,000 after acquiring an additional 157 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

Shares of KEYS opened at $339.08 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.51 and a current ratio of 1.90. Keysight Technologies Inc. has a twelve month low of $152.85 and a twelve month high of $370.17. The firm has a market cap of $58.15 billion, a P/E ratio of 55.77, a PEG ratio of 2.17 and a beta of 1.26. The firm’s 50 day moving average price is $326.52 and its two-hundred day moving average price is $259.75.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.55. Keysight Technologies had a net margin of 17.25% and a return on equity of 21.58%. The company had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same period last year, the company earned $1.70 earnings per share. The firm’s revenue was up 31.5% compared to the same quarter last year. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, analysts forecast that Keysight Technologies Inc. will post 8.26 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

KEYS has been the topic of a number of research analyst reports. UBS Group increased their price objective on shares of Keysight Technologies from $340.00 to $420.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Truist Financial raised their target price on shares of Keysight Technologies from $310.00 to $376.00 and gave the company a “hold” rating in a research note on Thursday, May 21st. Susquehanna raised their target price on shares of Keysight Technologies from $415.00 to $425.00 and gave the company a “positive” rating in a research note on Wednesday, May 20th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Keysight Technologies in a research note on Wednesday, May 20th. Finally, Morgan Stanley raised their target price on shares of Keysight Technologies from $305.00 to $350.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies has an average rating of “Moderate Buy” and a consensus price target of $371.92.

Insider Buying and Selling at Keysight Technologies

In other news, Director Ronald S. Nersesian sold 30,000 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $285.96, for a total value of $8,578,800.00. Following the sale, the director directly owned 163,377 shares in the company, valued at $46,719,286.92. This trade represents a 15.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Satish Dhanasekaran sold 1,667 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $300.00, for a total transaction of $500,100.00. Following the completion of the sale, the chief executive officer owned 122,398 shares in the company, valued at $36,719,400. This trade represents a 1.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 37,334 shares of company stock valued at $10,753,450 over the last ninety days. 0.40% of the stock is currently owned by company insiders.

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.