Paradiem LLC Makes New Investment in Keysight Technologies Inc. $KEYS

by · The Cerbat Gem

Paradiem LLC purchased a new stake in Keysight Technologies Inc. (NYSE:KEYS – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 5,597 shares of the scientific and technical instruments company’s stock, valued at approximately $979,000.

A number of other hedge funds have also modified their holdings of the business. Vanguard Group Inc. raised its holdings in Keysight Technologies by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 21,326,774 shares of the scientific and technical instruments company’s stock valued at $3,494,605,000 after buying an additional 357,263 shares during the period. State Street Corp raised its stake in shares of Keysight Technologies by 0.7% in the 2nd quarter. State Street Corp now owns 7,973,742 shares of the scientific and technical instruments company’s stock valued at $1,306,577,000 after acquiring an additional 55,358 shares during the period. Boston Partners raised its stake in shares of Keysight Technologies by 10.5% in the 2nd quarter. Boston Partners now owns 4,709,540 shares of the scientific and technical instruments company’s stock valued at $771,359,000 after acquiring an additional 446,123 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Keysight Technologies by 0.9% in the 2nd quarter. Geode Capital Management LLC now owns 4,575,953 shares of the scientific and technical instruments company’s stock worth $747,437,000 after acquiring an additional 40,560 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Keysight Technologies during the 2nd quarter worth approximately $316,690,000. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO Satish Dhanasekaran sold 12,528 shares of Keysight Technologies stock in a transaction on Monday, December 1st. The shares were sold at an average price of $196.42, for a total transaction of $2,460,749.76. Following the completion of the sale, the chief executive officer directly owned 132,361 shares of the company’s stock, valued at approximately $25,998,347.62. The trade was a 8.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ronald S. Nersesian sold 30,000 shares of the business’s stock in a transaction on Friday, November 28th. The stock was sold at an average price of $196.88, for a total transaction of $5,906,400.00. Following the transaction, the director owned 198,389 shares of the company’s stock, valued at approximately $39,058,826.32. The trade was a 13.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 76,895 shares of company stock valued at $15,454,296 over the last ninety days. 0.61% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

KEYS has been the topic of a number of research analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Keysight Technologies in a research report on Monday, December 15th. JPMorgan Chase & Co. boosted their price objective on Keysight Technologies from $200.00 to $207.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. UBS Group set a $230.00 target price on Keysight Technologies in a research note on Tuesday, November 25th. Wells Fargo & Company lifted their target price on Keysight Technologies from $190.00 to $225.00 and gave the company an “overweight” rating in a research report on Tuesday, November 25th. Finally, Susquehanna boosted their price target on shares of Keysight Technologies from $215.00 to $225.00 and gave the stock a “positive” rating in a research note on Tuesday, November 25th. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Keysight Technologies has an average rating of “Moderate Buy” and a consensus price target of $218.82.

Get Our Latest Report on Keysight Technologies

Keysight Technologies Trading Up 0.4%

KEYS opened at $206.06 on Friday. The business has a fifty day moving average price of $189.52 and a 200 day moving average price of $174.19. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.35 and a quick ratio of 1.78. Keysight Technologies Inc. has a 12 month low of $121.43 and a 12 month high of $214.58. The stock has a market capitalization of $35.40 billion, a price-to-earnings ratio of 42.14, a PEG ratio of 2.18 and a beta of 1.19.

Keysight Technologies (NYSE:KEYS – Get Free Report) last posted its quarterly earnings results on Monday, November 24th. The scientific and technical instruments company reported $1.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.08. Keysight Technologies had a return on equity of 19.30% and a net margin of 15.71%.The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter last year, the company earned $1.65 EPS. Keysight Technologies’s revenue for the quarter was up 10.1% compared to the same quarter last year. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. Sell-side analysts expect that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Keysight Technologies declared that its board has initiated a stock buyback program on Monday, November 24th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the scientific and technical instruments company to purchase up to 4.9% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its stock is undervalued.

Keysight Technologies Company Profile

(Free Report)

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.

Further Reading

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