Arrowstreet Capital Limited Partnership Raises Stake in Keysight Technologies Inc. $KEYS

Arrowstreet Capital Limited Partnership lifted its position in shares of Keysight Technologies Inc. (NYSE:KEYS) by 34.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,529,797 shares of the scientific and technical instruments company’s stock after buying an additional 394,823 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Keysight Technologies were worth $310,839,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its holdings 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 worth $4,373,806,000 after buying an additional 101,856 shares in the last quarter. State Street Corp grew its holdings in shares of Keysight Technologies by 2.5% during the fourth quarter. State Street Corp now owns 8,191,895 shares of the scientific and technical instruments company’s stock worth $1,664,511,000 after buying an additional 200,279 shares in the last quarter. Boston Partners grew its holdings in shares of Keysight Technologies by 3.4% during the third quarter. Boston Partners now owns 4,870,268 shares of the scientific and technical instruments company’s stock worth $851,525,000 after buying an additional 160,728 shares in the last quarter. Capital World Investors grew its holdings in shares of Keysight Technologies by 6.5% during 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 buying an additional 240,058 shares in the last quarter. Finally, Victory Capital Management Inc. grew its holdings in shares of Keysight Technologies by 8.5% during the third quarter. Victory Capital Management Inc. now owns 3,021,463 shares of the scientific and technical instruments company’s stock worth $528,514,000 after buying an additional 237,563 shares in the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on KEYS shares. Bank of America raised shares of Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 target price on the stock in a research report on Tuesday, February 24th. JPMorgan Chase & Co. raised their target price on shares of Keysight Technologies from $360.00 to $390.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Weiss Ratings reissued a “hold (c+)” rating on shares of Keysight Technologies in a research report on Wednesday, June 3rd. UBS Group raised their target price on shares of Keysight Technologies from $340.00 to $420.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Finally, Susquehanna raised their target price on shares of Keysight Technologies from $415.00 to $425.00 and gave the stock a “positive” 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 given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $371.92.

Keysight Technologies Trading Down 0.2%

Shares of KEYS stock opened at $349.99 on Monday. The stock has a market cap of $59.81 billion, a price-to-earnings ratio of 57.56, a price-to-earnings-growth ratio of 2.00 and a beta of 1.22. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.29. Keysight Technologies Inc. has a fifty-two week low of $152.85 and a fifty-two week high of $370.17. The firm’s 50 day moving average price is $338.15 and its two-hundred day moving average price is $272.18.

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 for the quarter, beating analysts’ consensus estimates of $2.32 by $0.55. The firm had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.71 billion. Keysight Technologies had a net margin of 17.25% and a return on equity of 21.58%. Keysight Technologies’s revenue was up 31.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.70 earnings per share. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, analysts anticipate that Keysight Technologies Inc. will post 9.03 EPS for the current year.

Insider Activity

In other Keysight Technologies news, 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 transaction of $1,039,740.00. Following the transaction, the director directly owned 21,821 shares of the company’s stock, valued at $7,562,722.18. The trade was a 12.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Jeffrey K. Li sold 2,000 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $297.19, for a total transaction of $594,380.00. Following the transaction, the senior vice president directly owned 34,499 shares in the company, valued at approximately $10,252,757.81. This trade represents a 5.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 40,334 shares of company stock valued at $11,793,190 over the last quarter. 0.40% of the stock is owned by 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.