Keysight Technologies Inc. (NYSE:KEYS – Get Free Report) shares reached a new 52-week high during trading on Monday . The company traded as high as $314.45 and last traded at $315.33, with a volume of 896195 shares trading hands. The stock had previously closed at $307.33.
Wall Street Analyst Weigh In
Several brokerages have issued reports on KEYS. Morgan Stanley lifted their price target on Keysight Technologies from $227.00 to $268.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 24th. Wall Street Zen raised Keysight Technologies from a “hold” rating to a “buy” rating in a report on Saturday. Jefferies Financial Group boosted their target price on Keysight Technologies from $195.00 to $220.00 and gave the stock a “hold” rating in a research report on Wednesday, December 10th. Susquehanna reaffirmed a “positive” rating and issued a $300.00 target price on shares of Keysight Technologies in a research note on Tuesday, February 24th. Finally, Bank of America raised shares of Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 price target on the stock in a research note on Tuesday, February 24th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $295.36.
View Our Latest Stock Report on Keysight Technologies
Keysight Technologies Stock Up 1.9%
Keysight Technologies (NYSE:KEYS – Get Free Report) last issued its quarterly earnings data on Monday, February 23rd. The scientific and technical instruments company reported $2.17 EPS for the quarter, beating the consensus estimate of $2.00 by $0.17. The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.54 billion. Keysight Technologies had a net margin of 16.84% and a return on equity of 19.26%. The company’s quarterly revenue was up 23.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.82 earnings per share. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. On average, analysts predict that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.
Keysight Technologies declared that its board has approved a share repurchase plan on Monday, November 24th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the scientific and technical instruments company to reacquire up to 4.9% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.
Insider Transactions at Keysight Technologies
In related news, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies stock in a transaction on Friday, February 20th. The shares were sold at an average price of $237.68, for a total value of $475,360.00. Following the sale, the senior vice president owned 107,861 shares in the company, valued at $25,636,402.48. The trade was a 1.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP John Page sold 15,000 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $213.48, for a total transaction of $3,202,200.00. Following the transaction, the senior vice president directly owned 21,393 shares in the company, valued at approximately $4,566,977.64. The trade was a 41.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 27,053 shares of company stock worth $5,749,454. Corporate insiders own 0.40% of the company’s stock.
Institutional Investors Weigh In On Keysight Technologies
Large investors have recently modified their holdings of the stock. AQR Capital Management LLC lifted its holdings in Keysight Technologies by 92.6% in the first quarter. AQR Capital Management LLC now owns 27,216 shares of the scientific and technical instruments company’s stock worth $3,965,000 after buying an additional 13,085 shares during the period. Integrated Wealth Concepts LLC raised its position in shares of Keysight Technologies by 5.0% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company’s stock worth $387,000 after acquiring an additional 122 shares in the last quarter. Empowered Funds LLC raised its position in shares of Keysight Technologies by 30.0% in the 1st quarter. Empowered Funds LLC now owns 10,652 shares of the scientific and technical instruments company’s stock worth $1,595,000 after acquiring an additional 2,461 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Keysight Technologies by 66.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock valued at $59,000 after purchasing an additional 157 shares during the period. Finally, Sivia Capital Partners LLC bought a new stake in shares of Keysight Technologies during the second quarter valued at approximately $254,000. Institutional investors own 84.58% of the company’s stock.
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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