Equities researchers at Truist Financial started coverage on shares of Keysight Technologies (NYSE:KEYS – Get Free Report) in a report issued on Tuesday. The brokerage set a “hold” rating and a $310.00 price target on the scientific and technical instruments company’s stock. Truist Financial’s price target points to a potential upside of 15.25% from the company’s current price.
KEYS has been the topic of a number of other reports. Zacks Research upgraded shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. Wall Street Zen upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Robert W. Baird boosted their price target on shares of Keysight Technologies from $295.00 to $310.00 and gave the stock an “outperform” rating in a research report on Monday. Citigroup raised their price objective on shares of Keysight Technologies from $282.00 to $320.00 and gave the company a “buy” rating in a research note on Monday, March 23rd. Finally, JPMorgan Chase & Co. upped their target price on Keysight Technologies from $255.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $304.17.
Check Out Our Latest Stock Analysis on KEYS
Keysight Technologies Price Performance
Keysight Technologies (NYSE:KEYS – Get Free Report) last posted its earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 EPS for the quarter, topping the consensus estimate of $2.00 by $0.17. The firm had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Keysight Technologies had a net margin of 16.84% and a return on equity of 19.26%. Keysight Technologies’s quarterly revenue was up 23.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.82 EPS. 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, research analysts expect that Keysight Technologies will post 6.32 EPS for the current year.
Insiders Place Their Bets
In other news, Director Ronald S. Nersesian sold 30,000 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $285.96, for a total value of $8,578,800.00. Following the completion of the sale, the director owned 163,377 shares in the company, valued at $46,719,286.92. This represents a 15.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Satish Dhanasekaran sold 1,667 shares of the firm’s stock in a transaction on 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 sale, 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. The disclosure for this sale is available in the SEC filing. Insiders have sold 40,334 shares of company stock worth $11,533,230 in the last quarter. Corporate insiders own 0.40% of the company’s stock.
Institutional Investors Weigh In On Keysight Technologies
Several hedge funds have recently bought and sold shares of KEYS. Norges Bank acquired a new position in shares of Keysight Technologies in the 4th quarter valued at about $435,542,000. Focus Partners Wealth increased its stake 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 valued at $285,743,000 after buying an additional 1,371,488 shares during the period. Allspring Global Investments Holdings LLC increased its stake 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 period. Woodline Partners LP purchased a new stake in Keysight Technologies in the 3rd quarter worth approximately $208,891,000. Finally, M&T Bank Corp boosted its stake in shares of 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 period. 84.58% of the stock is owned by hedge funds and other institutional investors.
About Keysight Technologies
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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