Legal & General Group Plc Purchases 30,942 Shares of Keysight Technologies Inc. $KEYS

Legal & General Group Plc boosted its position in Keysight Technologies Inc. (NYSE:KEYSFree Report) by 2.4% during the fourth quarter, Holdings Channel reports. The fund owned 1,304,366 shares of the scientific and technical instruments company’s stock after acquiring an additional 30,942 shares during the period. Legal & General Group Plc’s holdings in Keysight Technologies were worth $265,034,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in KEYS. Woodline Partners LP bought a new position in Keysight Technologies in the third quarter valued at $208,891,000. M&T Bank Corp increased its stake in Keysight Technologies by 9,349.0% in the fourth quarter. M&T Bank Corp now owns 1,048,176 shares of the scientific and technical instruments company’s stock valued at $212,979,000 after acquiring an additional 1,037,083 shares during the last quarter. Man Group plc increased its stake in Keysight Technologies by 164.3% in the second 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 acquiring an additional 628,082 shares during the last quarter. AQR Capital Management LLC increased its stake in Keysight Technologies by 2,004.8% in the second quarter. AQR Capital Management LLC now owns 572,836 shares of the scientific and technical instruments company’s stock valued at $93,865,000 after acquiring an additional 545,620 shares during the last quarter. Finally, Alyeska Investment Group L.P. bought a new position in Keysight Technologies in the third quarter valued at $90,914,000. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Up 2.5%

NYSE KEYS opened at $355.36 on Wednesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.90 and a quick ratio of 1.51. The stock has a market capitalization of $60.94 billion, a PE ratio of 58.45, a PEG ratio of 2.25 and a beta of 1.26. Keysight Technologies Inc. has a 1 year low of $152.85 and a 1 year high of $370.17. The business’s 50-day moving average is $324.26 and its 200 day moving average is $257.49.

Keysight Technologies (NYSE:KEYSGet Free Report) last posted its earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate 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 forecast that Keysight Technologies Inc. will post 7.91 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Wells Fargo & Company raised their price objective on Keysight Technologies from $300.00 to $390.00 and gave the company an “overweight” rating in a research note on Wednesday, May 20th. JPMorgan Chase & Co. raised their price objective on Keysight Technologies from $360.00 to $390.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. Citigroup raised their price objective on Keysight Technologies from $320.00 to $396.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Morgan Stanley raised their price objective on Keysight Technologies from $305.00 to $350.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 20th. Finally, Bank of America raised Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 price objective on the stock in a research note on Tuesday, February 24th. One 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.com, Keysight Technologies has a consensus rating of “Moderate Buy” and an average price target of $371.92.

Read Our Latest Analysis on KEYS

Insider Buying and Selling

In related news, SVP Jeffrey K. Li sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $297.19, for a total value of $594,380.00. Following the sale, the senior vice president directly owned 34,499 shares of the company’s stock, valued at $10,252,757.81. This trade represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Satish Dhanasekaran sold 1,667 shares of the firm’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $300.00, for a total value of $500,100.00. Following the completion of the sale, the chief executive officer directly owned 122,398 shares in the company, valued at $36,719,400. The trade was a 1.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 38,334 shares of company stock valued at $11,057,870 over the last ninety days. Corporate insiders own 0.40% of the company’s stock.

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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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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