Legal & General Group Plc Boosts Position in Keysight Technologies Inc. $KEYS

Legal & General Group Plc raised its stake in Keysight Technologies Inc. (NYSE:KEYSFree Report) by 0.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,273,424 shares of the scientific and technical instruments company’s stock after purchasing an additional 2,839 shares during the period. Legal & General Group Plc owned 0.74% of Keysight Technologies worth $222,747,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in KEYS. Norges Bank acquired a new position in shares of Keysight Technologies in the 2nd quarter valued at $316,690,000. Allspring Global Investments Holdings LLC grew its position in shares of Keysight Technologies by 2,290.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,421,437 shares of the scientific and technical instruments company’s stock valued at $246,051,000 after buying an additional 1,361,969 shares during the last quarter. Man Group plc raised its stake in Keysight Technologies by 164.3% during the 2nd quarter. Man Group plc now owns 1,010,399 shares of the scientific and technical instruments company’s stock worth $165,564,000 after acquiring an additional 628,082 shares in the last quarter. AQR Capital Management LLC raised its stake in Keysight Technologies by 2,004.8% during the 2nd quarter. AQR Capital Management LLC now owns 572,836 shares of the scientific and technical instruments company’s stock worth $93,865,000 after acquiring an additional 545,620 shares in the last quarter. Finally, Boston Partners lifted its position in Keysight Technologies by 10.5% in the second 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 last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Activity

In other Keysight Technologies news, SVP Sung Yoon sold 889 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $206.66, for a total value of $183,720.74. Following the sale, the senior vice president owned 16,953 shares of the company’s stock, valued at approximately $3,503,506.98. The trade was a 4.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $237.68, for a total value of $475,360.00. Following the transaction, the senior vice president owned 107,861 shares in the company, valued at $25,636,402.48. The trade was a 1.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 4,889 shares of company stock valued at $1,167,221. Company insiders own 0.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Keysight Technologies in a research note on Monday, December 29th. Morgan Stanley lifted their target price on Keysight Technologies from $227.00 to $268.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 24th. UBS Group boosted their target price on Keysight Technologies from $230.00 to $340.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Barclays upped their target price on Keysight Technologies from $232.00 to $320.00 and gave the company an “overweight” rating in a research report on Tuesday, February 24th. Finally, Jefferies Financial Group raised their price target on Keysight Technologies from $195.00 to $220.00 and gave the stock a “hold” rating in a research note on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $295.36.

Check Out Our Latest Research Report on Keysight Technologies

Keysight Technologies Stock Performance

NYSE:KEYS opened at $283.24 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.60 and a quick ratio of 2.02. The firm has a market cap of $48.58 billion, a price-to-earnings ratio of 51.03, a price-to-earnings-growth ratio of 2.21 and a beta of 1.12. The firm’s fifty day moving average price is $240.60 and its 200 day moving average price is $202.16. Keysight Technologies Inc. has a 1-year low of $121.43 and a 1-year high of $317.00.

Keysight Technologies (NYSE:KEYSGet Free Report) last announced its quarterly earnings data on Monday, February 23rd. The scientific and technical instruments company reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $2.00 by $0.17. Keysight Technologies had a net margin of 16.84% and a return on equity of 19.26%. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter in the prior year, the firm earned $1.82 EPS. Keysight Technologies’s quarterly revenue was up 23.3% on a year-over-year basis. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. On average, sell-side analysts expect that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Keysight Technologies declared that its Board of Directors has authorized a share buyback program on Monday, November 24th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the scientific and technical instruments company to buy up to 4.9% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors 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.

See Also

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

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