Bank of New York Mellon Corp Sells 38,923 Shares of Keysight Technologies Inc. $KEYS

Bank of New York Mellon Corp trimmed its stake in shares of Keysight Technologies Inc. (NYSE:KEYS) by 4.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 920,595 shares of the scientific and technical instruments company’s stock after selling 38,923 shares during the quarter. Bank of New York Mellon Corp’s holdings in Keysight Technologies were worth $187,056,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Optiver Holding B.V. bought a new position in Keysight Technologies during the 3rd quarter worth approximately $35,000. Entrust Financial LLC purchased a new stake in Keysight Technologies during the 4th quarter valued at $45,000. Atlantic Union Bankshares Corp boosted its position 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 valued at $50,000 after buying an additional 76 shares during the period. Atlantic Edge Private Wealth Management LLC boosted its position 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 valued at $52,000 after buying an additional 214 shares during the period. Finally, Geneos Wealth Management Inc. raised its position 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 valued at $59,000 after purchasing an additional 157 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

Insider Transactions at Keysight Technologies

In other news, CFO Neil Dougherty sold 2,000 shares of the stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $298.37, for a total value of $596,740.00. Following the sale, the chief financial officer directly owned 125,272 shares of the company’s stock, valued at approximately $37,377,406.64. This represents a 1.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director James Cullen sold 3,000 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total value of $1,039,740.00. Following the completion of the sale, the director directly owned 21,821 shares in the company, valued at approximately $7,562,722.18. This represents a 12.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 40,334 shares of company stock valued at $11,793,190. 0.40% of the stock is currently owned by corporate insiders.

Keysight Technologies Price Performance

Shares of NYSE KEYS opened at $329.67 on Friday. Keysight Technologies Inc. has a fifty-two week low of $152.85 and a fifty-two week high of $370.17. The company has a 50 day simple moving average of $332.65 and a two-hundred day simple moving average of $265.85. The company has a market capitalization of $56.54 billion, a price-to-earnings ratio of 54.22, a P/E/G ratio of 1.96 and a beta of 1.22. 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 (NYSE:KEYS) last announced its earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share 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 business had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter last year, the firm earned $1.70 earnings per share. The business’s revenue for the quarter was up 31.5% on a year-over-year basis. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. Analysts expect that Keysight Technologies Inc. will post 9.03 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have commented on KEYS shares. Robert W. Baird upped their price target on Keysight Technologies from $375.00 to $385.00 and gave the company an “outperform” rating in a research report on Wednesday, May 20th. UBS Group upped their price target on Keysight Technologies from $340.00 to $420.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Citigroup upped their price target on Keysight Technologies from $320.00 to $396.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Truist Financial boosted their price objective on shares of Keysight Technologies from $310.00 to $376.00 and gave the company a “hold” rating in a research report on Thursday, May 21st. Finally, Wells Fargo & Company boosted their price objective on shares of Keysight Technologies from $300.00 to $390.00 and gave the company an “overweight” rating in a research report on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $371.92.

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.