Keysight Technologies (NYSE:KEYS) Hits New 52-Week High – Here’s Why

Keysight Technologies Inc. (NYSE:KEYS)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $318.64 and last traded at $317.2360, with a volume of 173858 shares traded. The stock had previously closed at $300.61.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on KEYS. Bank of America upgraded 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. Wall Street Zen upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Truist Financial began coverage on shares of Keysight Technologies in a research note on Tuesday, March 31st. They issued a “hold” rating and a $310.00 price target on the stock. The Goldman Sachs Group upped their price target on shares of Keysight Technologies from $243.00 to $322.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Finally, Wells Fargo & Company upped their price target 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 equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $304.17.

Keysight Technologies Trading Up 5.6%

The stock has a 50-day simple moving average of $267.54 and a two-hundred day simple moving average of $217.59. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.02 and a current ratio of 2.60. The firm has a market cap of $54.46 billion, a PE ratio of 57.20, a price-to-earnings-growth ratio of 2.18 and a beta of 1.15.

Keysight Technologies (NYSE:KEYS) last issued its earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share for the quarter, topping 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 business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the previous year, the firm earned $1.82 EPS. Keysight Technologies’s 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. As a group, sell-side analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Jeffrey K. Li sold 2,000 shares of the business’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $297.19, for a total value of $594,380.00. Following the completion of the transaction, the senior vice president owned 34,499 shares of the company’s stock, valued at approximately $10,252,757.81. The trade was a 5.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 directly owned 122,398 shares of the company’s stock, valued at approximately $36,719,400. This trade represents a 1.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 40,334 shares of company stock worth $11,533,230 in the last quarter. Insiders own 0.40% of the company’s stock.

Hedge Funds Weigh In On Keysight Technologies

Hedge funds have recently bought and sold shares of the business. Stance Capital LLC purchased a new stake in shares of Keysight Technologies during the 4th quarter valued at about $1,325,000. Rockefeller Capital Management L.P. increased its position in shares of Keysight Technologies by 3.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 168,692 shares of the scientific and technical instruments company’s stock valued at $34,277,000 after purchasing an additional 5,083 shares during the last quarter. Farmers National Bank purchased a new stake in shares of Keysight Technologies during the 4th quarter valued at about $211,000. Mengis Capital Management Inc. increased its position in shares of Keysight Technologies by 5.9% during the 4th quarter. Mengis Capital Management Inc. now owns 7,113 shares of the scientific and technical instruments company’s stock valued at $1,445,000 after purchasing an additional 396 shares during the last quarter. Finally, Rehmann Capital Advisory Group increased its position in shares of Keysight Technologies by 26.3% during the 4th quarter. Rehmann Capital Advisory Group now owns 2,491 shares of the scientific and technical instruments company’s stock valued at $508,000 after purchasing an additional 519 shares during the last quarter. Hedge funds and other 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.