Keysight Technologies (NYSE:KEYS) Lowered to Hold Rating by Zacks Research

Zacks Research downgraded shares of Keysight Technologies (NYSE:KEYS) from a strong-buy rating to a hold rating in a research report report published on Tuesday morning,Zacks.com reports.

Several other equities analysts also recently weighed in on KEYS. Truist Financial assumed coverage on Keysight Technologies in a research report on Tuesday. They issued a “hold” rating and a $310.00 price target for the company. The Goldman Sachs Group increased their price objective on shares of Keysight Technologies from $243.00 to $322.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Barclays raised their price objective on shares of Keysight Technologies from $232.00 to $320.00 and gave the company an “overweight” rating in a research note on Tuesday, February 24th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Keysight Technologies in a report on Monday, December 29th. Finally, Wells Fargo & Company upped their target price on shares of Keysight Technologies from $225.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 24th. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $304.17.

Keysight Technologies Stock Performance

Shares of KEYS opened at $290.22 on Tuesday. The company has a quick ratio of 2.02, a current ratio of 2.60 and a debt-to-equity ratio of 0.41. The stock has a market cap of $49.77 billion, a P/E ratio of 52.29, a P/E/G ratio of 2.13 and a beta of 1.15. The business’s 50 day moving average price is $261.24 and its 200-day moving average price is $213.95. Keysight Technologies has a 52 week low of $121.43 and a 52 week high of $317.00.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share 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 company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same quarter last year, the company earned $1.82 EPS. The firm’s revenue for the quarter 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 research analysts anticipate that Keysight Technologies will post 6.32 earnings per share for the current fiscal year.

Insider Activity

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 1,667 shares of the business’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $300.00, for a total value of $500,100.00. Following the completion of the transaction, the chief executive officer owned 122,398 shares of the company’s stock, valued at approximately $36,719,400. The trade was a 1.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Neil Dougherty sold 2,000 shares of the company’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $298.37, for a total transaction of $596,740.00. Following the transaction, the chief financial officer owned 125,272 shares in the company, valued at $37,377,406.64. This represents a 1.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 40,334 shares of company stock valued at $11,533,230. Corporate insiders own 0.40% of the company’s stock.

Institutional Trading of Keysight Technologies

A number of large investors have recently made changes to their positions in KEYS. Norges Bank bought a new position in Keysight Technologies during the fourth quarter valued at approximately $435,542,000. Focus Partners Wealth grew its position in Keysight Technologies by 3,941.3% in the 4th quarter. Focus Partners Wealth now owns 1,406,286 shares of the scientific and technical instruments company’s stock worth $285,743,000 after purchasing an additional 1,371,488 shares during the period. Allspring Global Investments Holdings LLC grew 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 worth $246,051,000 after purchasing an additional 1,361,969 shares during the period. Woodline Partners LP purchased a new stake in Keysight Technologies during the 3rd quarter valued at $208,891,000. Finally, M&T Bank Corp raised its stake in Keysight Technologies by 9,349.0% during the 4th 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 buying an additional 1,037,083 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

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.