Russell Investments Group Ltd. Increases Stock Holdings in Keysight Technologies Inc. $KEYS

Key Points

• Russell Investments Group raised its stake in Keysight by 40.2% to 253,025 shares (about $44.2 million), representing roughly 0.15% ownership at the end of the quarter.
• Analysts have lifted ratings and targets — the consensus is a Moderate Buy with an average price target of $295.36, including notable raises (UBS to $340, Wells Fargo to $300).
• Keysight beat quarterly expectations (EPS $2.17 vs $2.00; revenue $1.60B, +23.3% YoY) and authorized a $1.5 billion share repurchase while setting FY2026 guidance.

Russell Investments Group Ltd. boosted its stake in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 40.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 253,025 shares of the scientific and technical instruments company's stock after acquiring an additional 72,560 shares during the period. Russell Investments Group Ltd. owned 0.15% of Keysight Technologies worth $44,224,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Norges Bank purchased a new stake in shares of Keysight Technologies in the 2nd quarter worth about $316,690,000. Allspring Global Investments Holdings LLC increased its position in shares of Keysight Technologies by 2,290.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,421,437 shares of the scientific and technical instruments company's stock valued at $246,051,000 after buying an additional 1,361,969 shares during the period. Man Group plc raised its stake in Keysight Technologies by 164.3% in the second quarter. Man Group plc now owns 1,010,399 shares of the scientific and technical instruments company's stock worth $165,564,000 after buying an additional 628,082 shares in the last quarter. AQR Capital Management LLC raised its stake in Keysight Technologies by 2,004.8% in the second quarter. AQR Capital Management LLC now owns 572,836 shares of the scientific and technical instruments company's stock worth $93,865,000 after buying an additional 545,620 shares in the last quarter. Finally, Boston Partners boosted its position in Keysight Technologies by 10.5% during the 2nd quarter. Boston Partners now owns 4,709,540 shares of the scientific and technical instruments company's stock valued at $771,359,000 after acquiring an additional 446,123 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. UBS Group upped their target price on Keysight Technologies from $230.00 to $340.00 and gave the stock a "buy" rating in a report on Tuesday, February 24th. Zacks Research upgraded Keysight Technologies from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 2nd. Wells Fargo & Company upped their price target on Keysight Technologies from $225.00 to $300.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 24th. Morgan Stanley increased their price objective on Keysight Technologies from $227.00 to $268.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 24th. Finally, Susquehanna reissued a "positive" rating and set a $300.00 price objective on shares of Keysight Technologies in a research report on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $295.36.

Keysight Technologies Stock Down 0.5%

Keysight Technologies stock opened at $284.20 on Thursday. Keysight Technologies Inc. has a 12 month low of $121.43 and a 12 month high of $317.00. The stock has a fifty day simple moving average of $239.00 and a two-hundred day simple moving average of $201.60. The company has a current ratio of 2.60, a quick ratio of 2.02 and a debt-to-equity ratio of 0.41. The firm has a market cap of $48.74 billion, a price-to-earnings ratio of 51.21, a PEG ratio of 2.22 and a beta of 1.12.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its quarterly earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.00 by $0.17. Keysight Technologies had a return on equity of 19.26% and a net margin of 16.84%.The firm had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same period in the prior year, the company posted $1.82 earnings per share. The company's quarterly revenue was up 23.3% on a year-over-year basis. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. Equities analysts predict that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Keysight Technologies announced that its board has approved a share repurchase program on Monday, November 24th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the scientific and technical instruments company to buy up to 4.9% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its stock is undervalued.

Insider Activity at Keysight Technologies

In other news, SVP Sung Yoon sold 889 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $206.66, for a total value of $183,720.74. Following the completion of the sale, the senior vice president directly owned 16,953 shares in the company, valued at $3,503,506.98. The trade was a 4.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Jo Ann Juskie sold 1,000 shares of the business's stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $304.42, for a total transaction of $304,420.00. Following the transaction, the senior vice president directly owned 12,552 shares of the company's stock, valued at $3,821,079.84. The trade was a 7.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 4,889 shares of company stock worth $1,167,221 over the last quarter. 0.40% of the stock is currently owned by insiders.

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.

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