52,147 Shares in Keysight Technologies Inc. $KEYS Bought by Bank of Nova Scotia

Key Points

• Bank of Nova Scotia acquired 52,147 Keysight shares during the second quarter, valued at approximately $18.3 million. Institutional investors and hedge funds collectively own 84.58% of the company.
• Keysight reported strong quarterly results, with EPS of $3.07 versus the $2.48 consensus and revenue of $1.85 billion, up 36.5% year over year. The company also issued upbeat fourth-quarter guidance.
• Analysts remain broadly bullish, with a “Moderate Buy” consensus and an average price target of $392.83, although insiders sold 5,507 shares worth about $1.9 million over the past 90 days and the stock trades at a premium valuation.

Bank of Nova Scotia acquired a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 52,147 shares of the scientific and technical instruments company's stock, valued at approximately $18,255,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Quarry LP acquired a new position in shares of Keysight Technologies in the fourth quarter worth about $25,000. IMG Wealth Management Inc. purchased a new position in shares of Keysight Technologies in the 2nd quarter valued at about $29,000. Cornerstone Planning Group LLC increased its stake in shares of 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 valued at $32,000 after purchasing an additional 30 shares in the last quarter. Compass Financial Management LLC acquired a new position in Keysight Technologies in the 2nd quarter worth about $34,000. Finally, Virtus Advisers LLC acquired a new position in Keysight Technologies in the 2nd quarter worth about $35,000. Institutional investors and hedge funds own 84.58% of the company's stock.

Trending Headlines about Keysight Technologies

Here are the key news stories impacting Keysight Technologies this week:

• Positive Sentiment: Strong results and raised outlook: Keysight reported fiscal third-quarter EPS of $3.07, well above the $2.48 consensus, while revenue reached $1.85 billion versus expectations of $1.75 billion. Revenue increased 36.5% year over year, and management issued upbeat fourth-quarter guidance. Keysight Technologies Gains Attention After Results Update
• Positive Sentiment: AI growth opportunity: Analysts view Keysight’s testing and measurement equipment as a potential durable beneficiary of AI data-center and networking investment, supporting the company’s raised outlook. Keysight Raised Its Outlook
• Positive Sentiment: Multiple growth drivers: Coverage highlights momentum in AI infrastructure, advanced semiconductors, 6G, automotive technology and energy-transition applications, particularly within Keysight’s Electronic Industrial Solutions Group. Keysight Focuses on AI Infrastructure Keysight Rides on EISG Strength
• Positive Sentiment: Analyst support: JPMorgan and Robert W. Baird commentary points to further price appreciation, reinforcing bullish sentiment following the earnings update. JPMorgan Forecasts Strong Price Appreciation Baird Analyst Expects Keysight Stock to Rise
• Neutral Sentiment: Additional analyst coverage remains focused on whether AI-related equipment demand can sustain Keysight’s growth, with broader market attention supporting visibility but not necessarily creating a new company-specific catalyst. Analyst Insights on Keysight Technologies
• Negative Sentiment: Valuation and technical factors could temper enthusiasm: KEYS trades at a forward-looking premium, and its recent retreat has left the shares below the 50-day moving average, potentially encouraging profit-taking despite strong fundamentals. Why Keysight Technologies Is in Focus

Insider Buying and Selling at Keysight Technologies

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $340.87, for a total value of $681,740.00. Following the completion of the sale, the senior vice president owned 105,861 shares of the company's stock, valued at $36,084,839.07. This represents a 1.85% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction of $183,189.24. Following the completion of the sale, the chief executive officer directly owned 121,391 shares of the company's stock, valued at approximately $43,860,996.12. This trade represents a 0.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 5,507 shares of company stock worth $1,904,669 in the last ninety days. 0.40% of the stock is owned by insiders.

Keysight Technologies Stock Performance

NYSE KEYS opened at $315.95 on Monday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.62 and a current ratio of 2.02. The stock's fifty day moving average is $332.86 and its two-hundred day moving average is $315.99. The firm has a market capitalization of $54.00 billion, a P/E ratio of 43.40, a price-to-earnings-growth ratio of 1.80 and a beta of 1.22. Keysight Technologies Inc. has a fifty-two week low of $158.79 and a fifty-two week high of $374.96.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its quarterly earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share for the quarter, beating 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 analysts' expectations of $1.75 billion. During the same quarter in the previous year, the company posted $1.72 EPS. The company's revenue was up 36.5% compared to the same quarter last year. 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, research analysts anticipate that Keysight Technologies Inc. will post 9.03 earnings per share for the current year.

Wall Street Analyst Weigh In

KEYS has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. increased their target price on Keysight Technologies from $400.00 to $425.00 and gave the company an "overweight" rating in a research report on Wednesday, August 19th. Robert W. Baird boosted their price target on shares of Keysight Technologies from $385.00 to $410.00 and gave the stock an "outperform" rating in a report on Wednesday, August 19th. Barclays increased their price objective on shares of Keysight Technologies from $387.00 to $429.00 and gave the company an "overweight" rating in a report on Wednesday. Wells Fargo & Company lifted their target price on shares of Keysight Technologies from $390.00 to $405.00 and gave the company an "overweight" rating in a research report on Wednesday. Finally, UBS Group boosted their target price on shares of Keysight Technologies from $420.00 to $440.00 and gave the stock a "buy" rating in a research note on Wednesday. One 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 stock. According to MarketBeat, Keysight Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $392.83.

Keysight Technologies Company 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.

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