Keysight Technologies (NYSE:KEYS) Reaches New 52-Week High – Here’s What Happened

Keysight Technologies Inc. (NYSE:KEYSGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $228.00 and last traded at $222.7240, with a volume of 44496 shares. The stock had previously closed at $223.26.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on KEYS shares. Morgan Stanley raised their target price on Keysight Technologies from $208.00 to $227.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 17th. The Goldman Sachs Group restated a “buy” rating and issued a $243.00 price objective on shares of Keysight Technologies in a report on Thursday, January 15th. Jefferies Financial Group lifted their price target on shares of Keysight Technologies from $195.00 to $220.00 and gave the company a “hold” rating in a research report on Wednesday, December 10th. JPMorgan Chase & Co. increased their price objective on shares of Keysight Technologies from $200.00 to $207.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 25th. Finally, Citigroup lifted their target price on shares of Keysight Technologies from $215.00 to $220.00 and gave the company a “buy” rating in a report on Tuesday, November 25th. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Keysight Technologies has an average rating of “Moderate Buy” and an average target price of $221.64.

Get Our Latest Analysis on KEYS

Keysight Technologies Stock Up 0.5%

The firm has a market capitalization of $38.21 billion, a price-to-earnings ratio of 45.50, a price-to-earnings-growth ratio of 2.38 and a beta of 1.20. The business has a 50 day moving average of $209.58 and a 200 day moving average of $184.14. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.35 and a quick ratio of 1.78.

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

Keysight Technologies announced that its Board of Directors has approved a stock buyback plan on Monday, November 24th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the scientific and technical instruments company to reacquire up to 4.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Insider Activity

In other Keysight Technologies news, SVP John Page sold 15,000 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $213.48, for a total value of $3,202,200.00. Following the transaction, the senior vice president directly owned 21,393 shares in the company, valued at $4,566,977.64. The trade was a 41.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jeffrey K. Li sold 3,934 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $200.84, for a total transaction of $790,104.56. Following the sale, the senior vice president directly owned 36,699 shares of the company’s stock, valued at approximately $7,370,627.16. The trade was a 9.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 78,784 shares of company stock valued at $15,841,737. 0.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On Keysight Technologies

A number of large investors have recently bought and sold shares of the business. Norges Bank acquired a new position in Keysight Technologies during the 2nd quarter worth about $316,690,000. Allspring Global Investments Holdings LLC boosted its position in Keysight Technologies by 2,290.3% in the 3rd 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 last quarter. Woodline Partners LP bought a new stake in shares of Keysight Technologies during the third quarter worth $208,891,000. M&T Bank Corp boosted its holdings in Keysight Technologies by 9,349.0% in the fourth quarter. M&T Bank Corp now owns 1,048,176 shares of the scientific and technical instruments company’s stock valued at $212,979,000 after acquiring an additional 1,037,083 shares during the last quarter. Finally, Man Group plc increased its position 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 purchasing an additional 628,082 shares during the period. 84.58% of the stock is currently owned by institutional investors.

About Keysight Technologies

(Get 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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