M&G PLC Makes New $12.11 Million Investment in Keysight Technologies Inc. $KEYS

M&G PLC acquired a new stake in Keysight Technologies Inc. (NYSE:KEYSFree Report) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 69,170 shares of the scientific and technical instruments company’s stock, valued at approximately $12,105,000.

A number of other institutional investors also recently modified their holdings of the company. True Wealth Design LLC grew its stake in shares of Keysight Technologies by 358.3% in the second quarter. True Wealth Design LLC now owns 165 shares of the scientific and technical instruments company’s stock worth $27,000 after purchasing an additional 129 shares during the last quarter. NewSquare Capital LLC lifted its position in Keysight Technologies by 155.2% during the 2nd quarter. NewSquare Capital LLC now owns 171 shares of the scientific and technical instruments company’s stock valued at $28,000 after acquiring an additional 104 shares during the period. Atlantic Union Bankshares Corp bought a new stake in Keysight Technologies during the second quarter worth about $34,000. IFP Advisors Inc boosted its stake in Keysight Technologies by 49.1% during the second quarter. IFP Advisors Inc now owns 246 shares of the scientific and technical instruments company’s stock worth $40,000 after acquiring an additional 81 shares in the last quarter. Finally, Westfuller Advisors LLC bought a new position in shares of Keysight Technologies during the third quarter valued at approximately $45,000. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Jeffrey K. Li sold 3,934 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $200.84, for a total transaction of $790,104.56. Following the completion of the transaction, the senior vice president owned 36,699 shares in the company, valued at $7,370,627.16. This trade represents a 9.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Satish Dhanasekaran sold 12,528 shares of Keysight Technologies stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $196.42, for a total value of $2,460,749.76. Following the completion of the sale, the chief executive officer directly owned 132,361 shares in the company, valued at $25,998,347.62. This trade represents a 8.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 78,784 shares of company stock worth $15,841,737. Insiders own 0.40% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on KEYS. Jefferies Financial Group lifted their target price on shares of Keysight Technologies from $195.00 to $220.00 and gave the company a “hold” rating in a report on Wednesday, December 10th. Citigroup upped their price objective on Keysight Technologies from $215.00 to $220.00 and gave the company a “buy” rating in a research report on Tuesday, November 25th. The Goldman Sachs Group reiterated a “buy” rating and set a $243.00 target price on shares of Keysight Technologies in a research note on Thursday, January 15th. UBS Group set a $230.00 price target on Keysight Technologies in a research note on Tuesday, November 25th. Finally, Barclays upped their price target on Keysight Technologies from $195.00 to $232.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. Eight analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Keysight Technologies has an average rating of “Moderate Buy” and a consensus target price of $221.64.

Read Our Latest Stock Report on KEYS

Keysight Technologies Stock Performance

NYSE:KEYS opened at $233.46 on Tuesday. The stock has a 50-day moving average price of $214.19 and a 200 day moving average price of $188.01. The stock has a market capitalization of $40.04 billion, a P/E ratio of 47.74, a P/E/G ratio of 2.45 and a beta of 1.20. Keysight Technologies Inc. has a 12-month low of $121.43 and a 12-month high of $242.62. The company has a current ratio of 2.35, a quick ratio of 1.78 and a debt-to-equity ratio of 0.43.

Keysight Technologies (NYSE:KEYSGet Free Report) last posted its quarterly earnings results on Monday, November 24th. The scientific and technical instruments company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.08. Keysight Technologies had a return on equity of 19.30% and a net margin of 15.71%.The company had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the previous year, the firm earned $1.65 EPS. The firm’s revenue was up 10.1% compared to the same quarter last year. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. Equities research analysts forecast that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Keysight Technologies declared that its board has authorized a share repurchase plan on Monday, November 24th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the scientific and technical instruments company to purchase up to 4.9% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its stock is undervalued.

About Keysight Technologies

(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.

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

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