Arrowstreet Capital Limited Partnership lifted its stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 1.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,550,122 shares of the scientific and technical instruments company’s stock after purchasing an additional 20,325 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Keysight Technologies were worth $437,708,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently modified their holdings of the company. Cornerstone Planning Group LLC increased its position in Keysight Technologies by 36.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock valued at $32,000 after acquiring an additional 30 shares during the period. Quarry LP purchased a new position in Keysight Technologies during the fourth quarter valued at approximately $25,000. Oslo Pensjonsforsikring AS bought a new stake in shares of Keysight Technologies in the 1st quarter valued at approximately $44,000. Meeder Asset Management Inc. acquired a new stake in shares of Keysight Technologies in the first quarter worth about $60,000. Finally, WPG Advisers LLC raised its holdings in Keysight Technologies by 16.5% in the 1st quarter. WPG Advisers LLC now owns 219 shares of the scientific and technical instruments company’s stock worth $62,000 after acquiring an additional 31 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.
Insiders Place Their Bets
In related news, CEO Satish Dhanasekaran sold 507 shares of the company’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $361.32, for a total transaction of $183,189.24. Following the completion of the sale, the chief executive officer owned 121,391 shares of the company’s stock, valued at $43,860,996.12. This represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $340.87, for a total value of $681,740.00. Following the completion of the sale, the senior vice president directly owned 105,861 shares in the company, valued at approximately $36,084,839.07. This represents a 1.85% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 5,507 shares of company stock worth $1,904,669 in the last 90 days. Company insiders own 0.40% of the company’s stock.
Keysight Technologies Stock Down 0.4%
Keysight Technologies (NYSE:KEYS – Get Free Report) last announced its quarterly earnings data on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.32 by $0.55. The company had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.71 billion. Keysight Technologies had a net margin of 17.25% and a return on equity of 21.58%. The company’s quarterly revenue was up 31.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.70 EPS. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. Analysts anticipate that Keysight Technologies Inc. will post 9.03 EPS for the current fiscal year.
Wall Street Analyst Weigh In
KEYS has been the topic of a number of research reports. Zacks Research upgraded Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. The Goldman Sachs Group reissued a “buy” rating on shares of Keysight Technologies in a research note on Wednesday, May 20th. Truist Financial lifted their price objective on Keysight Technologies from $310.00 to $376.00 and gave the stock a “hold” rating in a research report on Thursday, May 21st. Weiss Ratings raised Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, July 13th. Finally, Morgan Stanley boosted their price target on shares of Keysight Technologies from $305.00 to $350.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $371.92.
Get Our Latest Stock Analysis on Keysight Technologies
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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