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

Legal & General Group Plc purchased a new stake in Keysight Technologies Inc. (NYSE:KEYS) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,325,497 shares of the scientific and technical instruments company’s stock, valued at approximately $464,017,000. Legal & General Group Plc owned about 0.78% of Keysight Technologies as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Fiduciary Financial Advisors purchased a new position in shares of Keysight Technologies in the 2nd quarter valued at approximately $28,000. IMG Wealth Management Inc. acquired a new stake in Keysight Technologies in the 2nd quarter worth approximately $29,000. Compass Financial Management LLC purchased a new stake in Keysight Technologies during the 2nd quarter worth approximately $34,000. Virtus Advisers LLC acquired a new position in Keysight Technologies during the 2nd quarter valued at approximately $35,000. Finally, Cornerstone Planning Group LLC increased its stake in Keysight Technologies by 36.1% during the 1st quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock valued at $32,000 after purchasing an additional 30 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on KEYS. Citigroup reaffirmed a “buy” rating on shares of Keysight Technologies in a report on Wednesday, August 19th. Wall Street Zen downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Weiss Ratings raised Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 20th. Zacks Research upgraded Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, Morgan Stanley increased their price objective on Keysight Technologies from $400.00 to $425.00 and gave the company an “overweight” rating in a report on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $392.83.

Keysight Technologies Trading Up 3.2%

NYSE KEYS opened at $320.54 on Wednesday. Keysight Technologies Inc. has a 1 year low of $158.79 and a 1 year high of $374.96. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.02 and a quick ratio of 1.62. The company has a market capitalization of $54.78 billion, a PE ratio of 44.03, a P/E/G ratio of 1.77 and a beta of 1.22. The company has a fifty day moving average of $331.33 and a 200 day moving average of $317.27.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.48 by $0.59. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%.The business had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.75 billion. During the same quarter in the previous year, the firm posted $1.72 EPS. The company’s revenue for the quarter was up 36.5% on a year-over-year basis. 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. Research analysts forecast that Keysight Technologies Inc. will post 9.03 earnings per share for the current year.

Insider Buying and Selling

In other news, 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 sale, the director owned 35,752 shares of the company’s stock, valued at $11,412,753.44. This trade represents a 7.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $314.66, for a total transaction of $629,320.00. Following the sale, the senior vice president directly owned 103,861 shares in the company, valued at $32,680,902.26. The trade was a 1.89% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 10,507 shares of company stock valued at $3,491,649 in the last ninety days. Insiders own 0.40% of the company’s stock.

Keysight Technologies Profile

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.