SCHEDULE: T. Rowe Price Discloses Stake in Keysight Technologies

T. Rowe Price Associates, Inc. has filed a Schedule 13G, reporting beneficial ownership of 14,964,025 shares of Keysight Technologies common stock, representing 8.7% of the class.

Summary

• T. Rowe Price Associates, Inc. has filed an amendment to its Schedule 13G, indicating its beneficial ownership of Keysight Technologies common stock.
• The filing reports that T. Rowe Price Associates, Inc. beneficially owns 14,964,025 shares of Keysight Technologies common stock.
• This ownership represents approximately 8.7% of the total class of securities.
• The filing is made as an amendment to a previous filing, with the date of the event requiring this statement being March 31, 2026.
• T. Rowe Price Associates, Inc. is identified as an investment adviser.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it indicates continued significant investment by a major asset manager, but it is a routine disclosure rather than an announcement of new strategic initiatives or performance.

Positives

• T. Rowe Price Associates, Inc. holds a significant stake (8.7%) in Keysight Technologies, suggesting confidence in the company's long-term prospects.
• The filing indicates sole voting and dispositive power over the reported shares, implying direct control and decision-making authority.

Negatives

• The filing does not contain any negative financial or operational information about Keysight Technologies itself, as it is a disclosure of ownership by an external entity.

Risks

• As an investment adviser, T. Rowe Price Associates, Inc. is subject to market risks and the performance of the securities it holds.
• Changes in investment strategy or market conditions could lead T. Rowe Price Associates, Inc. to alter its holdings in Keysight Technologies.

Future Outlook

This filing is a disclosure of current ownership and does not contain forward-looking statements or guidance from Keysight Technologies. T. Rowe Price Associates, Inc. certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control.

Management Comments

• T. Rowe Price Associates, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Associates is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied.
• Certification by Ellen York, Vice President, affirming the truth, completeness, and correctness of the information to the best of her knowledge and belief.

Industry Context

StockSavvy.ai notes that T. Rowe Price Associates, Inc. is a significant institutional investor. Their increased or maintained stake in Keysight Technologies, a company in the electronic test and measurement sector, could signal continued confidence in the industry's growth trajectory, particularly in areas like 5G, automotive, and aerospace/defense, where Keysight is a key player.

Stakeholder Impact

• Shareholders: The continued significant investment by a major asset manager like T. Rowe Price Associates, Inc. can be viewed positively, potentially supporting share price stability and signaling institutional confidence.
• Management of Keysight Technologies: The presence of a large institutional shareholder may influence corporate governance and strategic decisions.
• Other Investors: This filing provides transparency on significant ownership, allowing other investors to assess the shareholder base.

Next Steps

• T. Rowe Price Associates, Inc. will continue to hold or manage its investment in Keysight Technologies according to its investment strategy.
• Keysight Technologies will continue its operations and business activities as disclosed in its other SEC filings.

Key Dates

Keywords

Keysight Technologies, T. Rowe Price Associates, Schedule 13G, Beneficial Ownership, Investment Adviser, Common Stock, SEC Filing, Equity Holding