26,380 Shares in Keysight Technologies Inc. $KEYS Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

Key Points

• Virginia Retirement Systems acquired 26,380 shares of Keysight Technologies worth approximately $9.24 million during the second quarter. Institutional investors own 84.58% of the company.
• Analysts remain positive on KEYS, with a consensus rating of “Moderate Buy” and an average price target of $392.83 after several firms raised their targets to between $410 and $440.
• Keysight exceeded quarterly expectations, reporting adjusted EPS of $3.07 versus the $2.48 consensus and revenue of $1.85 billion, up 36.5% year over year. Shares opened at $332.38, while insiders have sold $2.45 million of stock over the past 90 days.

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

Other institutional investors also recently made changes to their positions in the company. California State Teachers Retirement System increased its holdings in shares of Keysight Technologies by 34,044.8% during the 2nd quarter. California State Teachers Retirement System now owns 92,234,343 shares of the scientific and technical instruments company's stock worth $32,288,476,000 after buying an additional 91,964,216 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in Keysight Technologies during the second quarter valued at about $669,000. Wedmont Private Capital grew its position in Keysight Technologies by 4.5% during the second quarter. Wedmont Private Capital now owns 3,221 shares of the scientific and technical instruments company's stock valued at $1,037,000 after acquiring an additional 139 shares during the period. HB Wealth Management LLC increased its stake in Keysight Technologies by 23.7% during the second quarter. HB Wealth Management LLC now owns 20,600 shares of the scientific and technical instruments company's stock worth $7,212,000 after acquiring an additional 3,945 shares during the last quarter. Finally, Saudi Central Bank increased its stake in Keysight Technologies by 89.3% during the second quarter. Saudi Central Bank now owns 12,005 shares of the scientific and technical instruments company's stock worth $4,203,000 after acquiring an additional 5,663 shares during the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

KEYS has been the topic of several research analyst reports. JPMorgan Chase & Co. lifted their price objective on Keysight Technologies from $400.00 to $425.00 and gave the company an "overweight" rating in a research note on Wednesday, August 19th. Robert W. Baird lifted their price target on shares of Keysight Technologies from $385.00 to $410.00 and gave the company an "outperform" rating in a research report on Wednesday, August 19th. Morgan Stanley boosted their price objective on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 19th. Susquehanna increased their price objective on shares of Keysight Technologies from $425.00 to $440.00 and gave the stock a "positive" rating in a research report on Wednesday, August 19th. Finally, Barclays lifted their target price 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 assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $392.83.

Keysight Technologies Price Performance

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

Keysight Technologies (NYSE:KEYS - Get Free Report) last released its quarterly earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.59. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The firm had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter in the previous year, the firm posted $1.72 EPS. The firm's quarterly revenue 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. Equities research analysts anticipate that Keysight Technologies Inc. will post 10.33 earnings per share for the current fiscal year.

Insider Transactions at Keysight Technologies

In related news, Director Jean Mcclung Nye sold 3,000 shares of the business's stock in a transaction dated 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 in the company, valued at approximately $11,412,753.44. The trade was a 7.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Ingrid Estrada sold 2,000 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $314.66, for a total value of $629,320.00. Following the completion of the transaction, the senior vice president directly owned 103,861 shares of the company's stock, valued at $32,680,902.26. This represents a 1.89% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 7,507 shares of company stock valued at $2,451,909. 0.40% of the stock is currently owned by insiders.

Keysight Technologies Profile

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.

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