VIRGINIA RETIREMENT SYSTEMS ET Al Invests $9.23 Million in Keysight Technologies Inc. $KEYS

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Keysight Technologies Inc. (NYSE:KEYS) in the second quarter, according to its most recent filing with the SEC. The fund purchased 26,380 shares of the scientific and technical instruments company’s stock, valued at approximately $9,235,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Quarry LP acquired a new stake in shares of Keysight Technologies during the fourth quarter worth $25,000. Fiduciary Financial Advisors bought a new stake in shares of Keysight Technologies during the 2nd quarter valued at about $28,000. IMG Wealth Management Inc. acquired a new stake in Keysight Technologies during the second quarter worth about $29,000. Cornerstone Planning Group LLC raised its stake in Keysight Technologies by 36.1% during the first quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock worth $32,000 after acquiring an additional 30 shares during the period. Finally, Compass Financial Management LLC bought a new position in Keysight Technologies in the second quarter worth about $34,000. Institutional investors own 84.58% of the company’s stock.

Insider Transactions at Keysight Technologies

In other news, CEO Satish Dhanasekaran sold 507 shares of the stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $361.32, for a total value of $183,189.24. Following the completion of the transaction, the chief executive officer directly owned 121,391 shares in the company, valued at $43,860,996.12. This trade represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jean Mcclung Nye sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $319.22, for a total transaction of $957,660.00. Following the transaction, the director owned 35,752 shares in the company, valued at $11,412,753.44. This represents a 7.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 7,507 shares of company stock valued at $2,451,909. Company insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Susquehanna upped their target price on Keysight Technologies from $425.00 to $440.00 and gave the company a “positive” rating in a report on Wednesday, August 19th. Morgan Stanley raised their price target on Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, August 19th. Citigroup restated a “buy” rating on shares of Keysight Technologies in a research note on Wednesday, August 19th. Truist Financial raised their target price on Keysight Technologies from $376.00 to $400.00 and gave the company a “hold” rating in a research note on Wednesday, August 19th. Finally, Barclays boosted their price target on shares of Keysight Technologies from $387.00 to $429.00 and gave the company an “overweight” rating in a report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $392.83.

Keysight Technologies Price Performance

Shares of KEYS opened at $332.38 on Wednesday. The firm has a market capitalization of $56.58 billion, a price-to-earnings ratio of 45.66, a price-to-earnings-growth ratio of 1.63 and a beta of 1.21. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.62 and a current ratio of 2.02. Keysight Technologies Inc. has a one year low of $158.79 and a one year high of $374.96. The stock’s fifty day moving average is $325.34 and its 200-day moving average is $323.67.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.59. The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.75 billion. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The company’s quarterly revenue was up 36.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.72 earnings per share. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. Equities analysts anticipate that Keysight Technologies Inc. will post 10.33 EPS for the current year.

About Keysight Technologies

Keysight Technologies, Inc is a technology company that provides electronic design and test solutions for engineers, manufacturers and service providers. Its products and services help customers design, validate, manufacture and optimize electronic and communications systems across the product life cycle.

The company offers electronic measurement instruments, software and related services for applications including radio-frequency and microwave testing, wireless communications, high-speed digital systems, semiconductor development and power electronics.