Legal & General Group Plc Acquires New Stake in Keysight Technologies Inc. $KEYS

Legal & General Group Plc acquired a new stake in Keysight Technologies Inc. (NYSE:KEYS) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,325,497 shares of the scientific and technical instruments company’s stock, valued at approximately $464,017,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Quarry LP purchased a new position in shares of Keysight Technologies in the fourth quarter worth about $25,000. Fiduciary Financial Advisors purchased a new stake in Keysight Technologies during the 2nd quarter valued at about $28,000. IMG Wealth Management Inc. acquired a new stake in Keysight Technologies in the 2nd quarter valued at about $29,000. Cornerstone Planning Group LLC lifted its stake in Keysight Technologies by 36.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock worth $32,000 after purchasing an additional 30 shares in the last quarter. Finally, Compass Financial Management LLC purchased a new position in Keysight Technologies in the 2nd quarter worth approximately $34,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insiders Place Their Bets

In other news, Director Jean Mcclung Nye sold 3,000 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $319.22, for a total value of $957,660.00. Following the transaction, the director owned 35,752 shares of the company’s stock, valued at $11,412,753.44. This represents a 7.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $314.66, for a total value of $629,320.00. Following the transaction, the senior vice president owned 103,861 shares of the company’s stock, valued at approximately $32,680,902.26. This represents a 1.89% decrease in their ownership of the stock. 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 10,507 shares of company stock worth $3,491,649 over the last ninety days. Company insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

KEYS has been the subject of a number of analyst reports. The Goldman Sachs Group restated a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, May 20th. Susquehanna lifted their price objective on Keysight Technologies from $425.00 to $440.00 and gave the stock a “positive” rating in a research report on Wednesday, August 19th. Zacks Research raised Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Weiss Ratings upgraded Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 20th. Finally, JPMorgan Chase & Co. raised their target price on Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $392.83.

Keysight Technologies Stock Up 3.2%

Shares of NYSE KEYS opened at $320.54 on Wednesday. The company has a market capitalization of $54.78 billion, a P/E ratio of 44.03, a P/E/G ratio of 1.77 and a beta of 1.22. 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 50 day simple moving average of $331.33 and a 200-day simple moving average of $317.27. Keysight Technologies Inc. has a 1 year low of $158.79 and a 1 year high of $374.96.

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

About Keysight Technologies

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.