Bank of Nova Scotia Sells 18,561 Shares of Keysight Technologies Inc. $KEYS

Bank of Nova Scotia lowered its stake in shares of Keysight Technologies Inc. (NYSE:KEYS) by 32.2% during the 1st quarter, HoldingsChannel reports. The fund owned 39,019 shares of the scientific and technical instruments company’s stock after selling 18,561 shares during the period. Bank of Nova Scotia’s holdings in Keysight Technologies were worth $11,018,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of Keysight Technologies by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 21,525,694 shares of the scientific and technical instruments company’s stock valued at $4,373,806,000 after buying an additional 101,856 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in Keysight Technologies by 0.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 17,419,811 shares of the scientific and technical instruments company’s stock valued at $3,539,532,000 after purchasing an additional 85,693 shares during the period. State Street Corp grew its position in shares of Keysight Technologies by 2.5% during the 4th quarter. State Street Corp now owns 8,191,895 shares of the scientific and technical instruments company’s stock valued at $1,664,511,000 after purchasing an additional 200,279 shares in the last quarter. Boston Partners grew its position in shares of Keysight Technologies by 3.4% during the 3rd quarter. Boston Partners now owns 4,870,268 shares of the scientific and technical instruments company’s stock valued at $851,525,000 after purchasing an additional 160,728 shares in the last quarter. Finally, Capital World Investors increased its holdings in shares of Keysight Technologies by 6.5% in the fourth quarter. Capital World Investors now owns 3,940,767 shares of the scientific and technical instruments company’s stock worth $800,732,000 after purchasing an additional 240,058 shares during the period. 84.58% of the stock is owned by institutional investors.

Keysight Technologies Trading Up 0.2%

NYSE:KEYS opened at $319.22 on Monday. The firm has a market capitalization of $54.55 billion, a P/E ratio of 52.50, a P/E/G ratio of 1.81 and a beta of 1.21. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.29. The company has a fifty day moving average of $336.66 and a 200 day moving average of $299.48. Keysight Technologies Inc. has a 52 week low of $152.85 and a 52 week high of $374.96.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $1.71 billion. During the same quarter last year, the firm earned $1.70 EPS. The company’s revenue was up 31.5% on a year-over-year basis. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, research analysts predict that Keysight Technologies Inc. will post 9.03 earnings per share for the current year.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the company’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 transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Cullen sold 3,000 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $346.58, for a total value of $1,039,740.00. Following the sale, the director directly owned 21,821 shares in the company, valued at approximately $7,562,722.18. The trade was a 12.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 5,507 shares of company stock worth $1,904,669 over the last quarter. Corporate insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on KEYS shares. Robert W. Baird upped their price objective on shares of Keysight Technologies from $375.00 to $385.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 20th. Wells Fargo & Company lifted their target price 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. Susquehanna raised their price target on Keysight Technologies from $415.00 to $425.00 and gave the company a “positive” rating in a research report on Wednesday, May 20th. Citigroup lifted their price target on Keysight Technologies from $320.00 to $396.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Finally, Morgan Stanley upped their price objective on Keysight Technologies from $305.00 to $350.00 and gave the stock an “equal weight” rating in a report 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 issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $371.92.

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.