Keysight Technologies (NYSE:KEYS – Free Report) had its target price boosted by JPMorgan Chase & Co. from $300.00 to $360.00 in a research report report published on Thursday morning,Benzinga reports. They currently have an overweight rating on the scientific and technical instruments company’s stock.
Several other research firms have also recently issued reports on KEYS. UBS Group boosted their price objective on shares of Keysight Technologies from $230.00 to $340.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Robert W. Baird boosted their price objective on shares of Keysight Technologies from $295.00 to $310.00 and gave the company an “outperform” rating in a research report on Monday, March 30th. Barclays boosted their price objective on shares of Keysight Technologies from $232.00 to $320.00 and gave the company an “overweight” rating in a research report on Tuesday, February 24th. Citigroup boosted their price objective on shares of Keysight Technologies from $282.00 to $320.00 and gave the company a “buy” rating in a research report on Monday, March 23rd. Finally, Zacks Research cut shares of Keysight Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 31st. Nine research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $314.33.
Check Out Our Latest Research Report on KEYS
Keysight Technologies Stock Performance
Keysight Technologies (NYSE:KEYS – Get Free Report) last announced its quarterly earnings data on Monday, February 23rd. The scientific and technical instruments company reported $2.17 EPS for the quarter, beating the consensus estimate of $2.00 by $0.17. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.54 billion. Keysight Technologies had a return on equity of 19.26% and a net margin of 16.84%.Keysight Technologies’s quarterly revenue was up 23.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $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. As a group, analysts expect that Keysight Technologies will post 6.32 earnings per share for the current year.
Insider Activity
In related news, Director Ronald S. Nersesian sold 30,000 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $285.96, for a total transaction of $8,578,800.00. Following the completion of the sale, the director directly owned 163,377 shares in the company, valued at $46,719,286.92. This represents a 15.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Satish Dhanasekaran sold 1,667 shares of the company’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 sale, the chief executive officer owned 122,398 shares of the company’s stock, valued at $36,719,400. This trade represents a 1.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 40,334 shares of company stock worth $11,533,230 over the last ninety days. 0.40% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Keysight Technologies
A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Keysight Technologies by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 21,525,694 shares of the scientific and technical instruments company’s stock worth $4,373,806,000 after purchasing an additional 101,856 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in Keysight Technologies by 0.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 17,419,811 shares of the scientific and technical instruments company’s stock valued at $3,539,532,000 after buying an additional 85,693 shares during the last quarter. State Street Corp raised its stake in Keysight Technologies by 2.5% in the fourth quarter. State Street Corp now owns 8,191,895 shares of the scientific and technical instruments company’s stock valued at $1,664,511,000 after buying an additional 200,279 shares during the last quarter. Boston Partners raised its stake in Keysight Technologies by 3.4% in the third quarter. Boston Partners now owns 4,870,268 shares of the scientific and technical instruments company’s stock valued at $851,525,000 after buying an additional 160,728 shares during the last quarter. Finally, Capital World Investors raised its stake in Keysight Technologies by 6.5% in the fourth quarter. Capital World Investors now owns 3,940,767 shares of the scientific and technical instruments company’s stock valued at $800,732,000 after buying an additional 240,058 shares during the last quarter. 84.58% of the stock is currently owned by hedge funds and other 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.
Further Reading
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