Keysight Technologies Inc. (NYSE:KEYS – Get Free Report) shares hit a new 52-week high on Monday . The stock traded as high as $374.96 and last traded at $372.1030, with a volume of 130670 shares. The stock had previously closed at $363.67.
Analysts Set New Price Targets
A number of research analysts recently weighed in on KEYS shares. Truist Financial lifted their target price on Keysight Technologies from $310.00 to $376.00 and gave the company a “hold” rating in a report on Thursday, May 21st. Citigroup raised their price objective on Keysight Technologies from $320.00 to $396.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Keysight Technologies in a research note on Wednesday, May 20th. Barclays boosted their target price on Keysight Technologies from $320.00 to $387.00 and gave the stock an “overweight” rating in a report on Wednesday, May 20th. Finally, JPMorgan Chase & Co. increased their target price on shares of Keysight Technologies from $360.00 to $390.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $371.92.
Read Our Latest Stock Report on Keysight Technologies
Keysight Technologies Trading Up 2.1%
Keysight Technologies (NYSE:KEYS – Get Free Report) last released its quarterly earnings data on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, beating the consensus estimate of $2.32 by $0.55. The company had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.71 billion. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The firm’s revenue was up 31.5% compared to the same quarter last year. During the same period last year, the company posted $1.70 earnings per share. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, analysts predict that Keysight Technologies Inc. will post 9.03 earnings per share for the current year.
Insider Buying and Selling
In related news, SVP Jeffrey K. Li sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $297.19, for a total transaction of $594,380.00. Following the transaction, the senior vice president directly 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 transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Neil Dougherty sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $298.37, for a total value of $596,740.00. Following the completion of the transaction, the chief financial officer owned 125,272 shares of the company’s stock, valued at approximately $37,377,406.64. This represents a 1.57% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 8,667 shares of company stock valued at $2,730,960. Corporate insiders own 0.40% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Quarry LP purchased a new stake in Keysight Technologies during the 4th quarter worth $25,000. Cornerstone Planning Group LLC lifted its holdings in Keysight Technologies by 36.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock worth $32,000 after buying an additional 30 shares in the last quarter. Optiver Holding B.V. purchased a new position in Keysight Technologies in the 3rd quarter valued at about $35,000. Oslo Pensjonsforsikring AS purchased a new position in Keysight Technologies in the 1st quarter valued at about $44,000. Finally, Entrust Financial LLC acquired a new stake in shares of Keysight Technologies during the fourth quarter valued at about $45,000. 84.58% of the stock is currently 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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