13FPulse
KE

KEYS KEYSIGHT TECHNOLOGIES IN

2026Q2 · CUSIP 49338L103 · Sector: Industrials

Piling in

Net holder growth ranks near the top of the market

Funds that own it
1,219
Institutions that reported holding it to the SEC
Net increase in holders
+87
Last quarter 1,132 → now 1,219
How unusual is that
Top 5%
Stronger buying than 98% of US stocks
What the filings say, in one paragraph

1,219 funds held KEYS at the end of 2026Q2, up 87 from the quarter before. That is stronger buying than 97.7% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $6.6B(YoY +25.5%), the P/E is 43.7x, return on equity is 19.2%. KEYS has had 24 buying rushes in its history, and the price moved +5.2% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Industrials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2014Q1: holders=1 2014Q3: holders=2 2014Q4: holders=348 2015Q1: holders=357 2015Q2: holders=328 2015Q3: holders=336 2015Q4: holders=330 2016Q1: holders=320 2016Q2: holders=319 2016Q3: holders=317 2016Q4: holders=348 2017Q1: holders=359 2017Q2: holders=341 2017Q3: holders=329 2017Q4: holders=362 2018Q1: holders=396 2018Q2: holders=444 2018Q3: holders=480 2018Q4: holders=518 2019Q1: holders=619 2019Q2: holders=610 2019Q3: holders=664 2019Q4: holders=698 2020Q1: holders=653 2020Q2: holders=657 2020Q3: holders=640 2020Q4: holders=719 2021Q1: holders=738 2021Q2: holders=747 2021Q3: holders=784 2021Q4: holders=891 2022Q1: holders=851 2022Q2: holders=819 2022Q3: holders=857 2022Q4: holders=900 2023Q1: holders=880 2023Q2: holders=911 2023Q3: holders=825 2023Q4: holders=877 2024Q1: holders=862 2024Q2: holders=840 2024Q3: holders=827 2024Q4: holders=886 2025Q1: holders=873 2025Q2: holders=876 2025Q3: holders=893 2025Q4: holders=980 2026Q1: holders=1132 2026Q2: holders=1219 -346 -173 +0 +173 +346 06401280 14Q115Q417Q218Q420Q221Q423Q224Q426Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 24 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 5%
2026Q1 Top 1% in the market
2025Q4 Top 5% +42.8%
2024Q4 Top 10% -9.8% -10.4%
2023Q4 Top 10% +1.3% -10.8%
2023Q2 Top 10% -14.3% +2.6%
2022Q4 Top 10% -15.6% -30.8%
2022Q3 Top 5% +11.5% -5.6%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
346
Change in large funds
+35
Total value they hold
$53.5B
Funds buying for the first time
208
Funds that sold out entirely
121
Price change that quarter
-6.2%
Funds holding puts (bearish)
20
Funds holding calls (bullish)
19

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
43.7
EPS (TTM)
$7.30
EPS YoY
+131.8%
Revenue (TTM)
$6.6B
Revenue YoY
+25.5%
Net margin
19.1%
ROE
19.2%
Debt ratio
44.9%
FCF (TTM)
$1.5B
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-10-31: EPS 1.51 2022-01-31: EPS 1.24 2022-04-30: EPS 1.41 2022-07-31: EPS 1.87 2022-10-31: EPS 1.66 2023-01-31: EPS 1.45 2023-04-30: EPS 1.58 2023-07-31: EPS 1.61 2023-10-31: EPS 1.27 2024-01-31: EPS 0.98 2024-04-30: EPS 0.72 2024-07-31: EPS 2.22 2024-10-31: EPS -0.41 2025-01-31: EPS 0.97 2025-04-30: EPS 1.49 2025-07-31: EPS 1.10 2025-10-31: EPS 1.35 2026-01-31: EPS 1.63 2026-04-30: EPS 2.02 2026-07-31: EPS 2.30 0B 0.9B 1.8B $B -0.45 1.04 2.53 2016201720182019202020212022202320242025202607/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 30 19 40 60 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-2M235M472M 20162017201820192020202120222023202420252026
Latest quarter $472M (2026-04-30)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-07-31 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.