QRG Capital Management Inc. Sells 2,376 Shares of Keysight Technologies Inc. $KEYS

QRG Capital Management Inc. cut its holdings in Keysight Technologies Inc. (NYSE:KEYS) by 11.8% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,676 shares of the scientific and technical instruments company’s stock after selling 2,376 shares during the quarter. QRG Capital Management Inc.’s holdings in Keysight Technologies were worth $4,991,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Norges Bank bought a new position in shares of Keysight Technologies in the fourth quarter worth about $435,542,000. Focus Partners Wealth grew its holdings in shares of Keysight Technologies by 3,941.3% during the 4th quarter. Focus Partners Wealth now owns 1,406,286 shares of the scientific and technical instruments company’s stock valued at $285,743,000 after purchasing an additional 1,371,488 shares during the last quarter. Woodline Partners LP acquired a new position in Keysight Technologies during the 3rd quarter worth approximately $208,891,000. M&T Bank Corp increased its position in Keysight Technologies by 9,349.0% during the 4th quarter. M&T Bank Corp now owns 1,048,176 shares of the scientific and technical instruments company’s stock worth $212,979,000 after purchasing an additional 1,037,083 shares in the last quarter. Finally, Man Group plc lifted its stake in Keysight Technologies by 164.3% in the 2nd quarter. Man Group plc now owns 1,010,399 shares of the scientific and technical instruments company’s stock valued at $165,564,000 after purchasing an additional 628,082 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Up 0.2%

Shares of KEYS opened at $314.36 on Monday. The stock’s 50-day moving average price is $346.37 and its two-hundred day moving average price is $287.25. Keysight Technologies Inc. has a 12 month low of $152.85 and a 12 month high of $374.96. The company has a market capitalization of $53.72 billion, a PE ratio of 51.70, a PEG ratio of 1.79 and a beta of 1.21. The company has a current ratio of 1.90, a quick ratio of 1.51 and a debt-to-equity ratio of 0.29.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.55. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The company had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same quarter in the prior year, the firm posted $1.70 earnings per share. The business’s quarterly 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, analysts anticipate that Keysight Technologies Inc. will post 9.03 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Barclays raised their target price on shares of Keysight Technologies from $320.00 to $387.00 and gave the company an “overweight” rating in a research report on Wednesday, May 20th. JPMorgan Chase & Co. upped their price target on shares of Keysight Technologies from $360.00 to $390.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Truist Financial increased their price target on 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 price objective on Keysight Technologies from $415.00 to $425.00 and gave the company a “positive” rating in a report on Wednesday, May 20th. Finally, Morgan Stanley boosted their price objective on Keysight Technologies from $305.00 to $350.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $371.92.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, Director James Cullen sold 3,000 shares of the 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 completion of the sale, the director owned 21,821 shares of the company’s stock, valued at approximately $7,562,722.18. This represents a 12.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $340.87, for a total transaction of $681,740.00. Following the transaction, the senior vice president owned 105,861 shares of the company’s stock, valued at approximately $36,084,839.07. The trade was 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 over the last ninety days. Insiders own 0.40% of the company’s stock.

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.