Keysight Technologies (NYSE:KEYS – Get Free Report) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.
KEYS has been the subject of a number of other research reports. UBS Group increased their target price on shares of Keysight Technologies from $230.00 to $340.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Wall Street Zen upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Saturday. Bank of America upgraded shares of Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 target price on the stock in a research report on Tuesday, February 24th. 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 report on Tuesday, February 24th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Keysight Technologies in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $295.36.
Check Out Our Latest Report on Keysight Technologies
Keysight Technologies Stock Down 3.6%
Keysight Technologies (NYSE:KEYS – Get Free Report) last posted its quarterly earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 EPS 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 company had revenue of $1.60 billion during the quarter, compared to analysts’ expectations 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. Equities analysts expect that Keysight Technologies will post 6.32 earnings per share for the current fiscal year.
Keysight Technologies declared that its Board of Directors has approved a share repurchase program on Monday, November 24th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the scientific and technical instruments company to reacquire up to 4.9% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.
Insider Buying and Selling
In related news, CFO Neil Dougherty sold 1,000 shares of the stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $203.72, for a total value of $203,720.00. Following the completion of the sale, the chief financial officer directly owned 127,833 shares in the company, valued at $26,042,138.76. This represents a 0.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP John Page sold 15,000 shares of Keysight Technologies stock in a transaction dated Wednesday, December 10th. The stock was 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 SEC filing for this sale provides additional information. Insiders have sold a total of 24,119 shares of company stock valued at $5,263,770 over the last quarter. 0.40% of the stock is currently owned by company insiders.
Institutional Trading of Keysight Technologies
Several institutional investors have recently added to or reduced their stakes in KEYS. Kera Capital Partners Inc. raised its holdings in Keysight Technologies by 24.0% during the 4th quarter. Kera Capital Partners Inc. now owns 3,246 shares of the scientific and technical instruments company’s stock worth $702,000 after purchasing an additional 628 shares during the last quarter. Vinland Capital Management Gestora de Recursos LTDA. acquired a new stake in shares of Keysight Technologies during the fourth quarter worth $163,000. Dean Capital Management bought a new position in Keysight Technologies during the fourth quarter worth $2,015,000. Compound Planning Inc. lifted its holdings in Keysight Technologies by 26.2% in the fourth quarter. Compound Planning Inc. now owns 2,224 shares of the scientific and technical instruments company’s stock valued at $452,000 after buying an additional 462 shares during the period. Finally, Corient Private Wealth LLC boosted its position in Keysight Technologies by 11.8% during the fourth quarter. Corient Private Wealth LLC now owns 68,435 shares of the scientific and technical instruments company’s stock valued at $13,905,000 after acquiring an additional 7,211 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.
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