Andra AP fonden grew its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 468.5% during the first quarter, Holdings Channel reports. The firm owned 21,842 shares of the scientific and technical instruments company’s stock after purchasing an additional 18,000 shares during the quarter. Andra AP fonden’s holdings in Keysight Technologies were worth $6,168,000 at the end of the most recent quarter.
Other hedge funds have also made changes to their positions in the company. Norges Bank acquired a new position in shares of Keysight Technologies in the fourth quarter valued at approximately $435,542,000. Focus Partners Wealth increased its stake in 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 worth $285,743,000 after buying an additional 1,371,488 shares during the period. Woodline Partners LP acquired a new stake in Keysight Technologies during the 3rd quarter worth approximately $208,891,000. M&T Bank Corp lifted its holdings 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 buying an additional 1,037,083 shares in the last quarter. Finally, Man Group plc boosted its position 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 buying an additional 628,082 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.
Insider Transactions at Keysight Technologies
In related news, SVP Ingrid A. Estrada sold 2,000 shares of the company’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 value of $681,740.00. Following the completion of the transaction, the senior vice president directly owned 105,861 shares of the company’s stock, valued at $36,084,839.07. This represents a 1.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Satish Dhanasekaran sold 507 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer owned 121,391 shares in the company, valued at $43,860,996.12. This represents a 0.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 5,507 shares of company stock valued at $1,904,669. Corporate insiders own 0.40% of the company’s stock.
Keysight Technologies Stock Performance
Keysight Technologies (NYSE:KEYS – Get Free Report) last posted 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 company had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.71 billion. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.Keysight Technologies’s quarterly revenue was up 31.5% on a year-over-year basis. During the same period last year, the firm earned $1.70 earnings per share. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. Sell-side analysts predict that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several equities analysts have commented on KEYS shares. Barclays boosted their price target on shares of Keysight Technologies from $320.00 to $387.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 20th. UBS Group increased their price objective on Keysight Technologies from $340.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Truist Financial lifted their target price on Keysight Technologies from $310.00 to $376.00 and gave the company a “hold” rating in a report on Thursday, May 21st. Weiss Ratings raised Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. Finally, Robert W. Baird upped their price target on Keysight Technologies from $375.00 to $385.00 and gave the stock an “outperform” rating in a report on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $371.92.
Check Out Our Latest Report on KEYS
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.
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