Keysight Technologies (NYSE:KEYS) Hits New 1-Year High – Here’s Why

Shares of Keysight Technologies Inc. (NYSE:KEYS) hit a new 52-week high on Thursday. The stock traded as high as $376.47 and last traded at $374.1960, with a volume of 476694 shares. The stock had previously closed at $364.04.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. UBS Group lifted their target price on shares of Keysight Technologies from $420.00 to $440.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. Wall Street Zen downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. Truist Financial lifted their price target on shares of Keysight Technologies from $376.00 to $400.00 and gave the company a “hold” rating in a research note on Wednesday, August 19th. Citigroup reissued a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, August 19th. Finally, Morgan Stanley lifted their price objective on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $392.83.

Keysight Technologies Price Performance

The stock has a market cap of $63.64 billion, a P/E ratio of 51.39, a P/E/G ratio of 1.14 and a beta of 1.21. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.62 and a current ratio of 2.02. The business has a 50 day simple moving average of $332.11 and a 200-day simple moving average of $330.09.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.59. The firm had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.75 billion. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%.The company’s revenue was up 36.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.72 EPS. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. On average, sell-side analysts forecast that Keysight Technologies Inc. will post 10.33 EPS for the current year.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, VP Lisa Poole sold 200 shares of the firm’s stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $348.01, for a total transaction of $69,602.00. Following the sale, the vice president directly owned 6,134 shares of the company’s stock, valued at $2,134,693.34. This trade represents a 3.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Ingrid Estrada sold 2,000 shares of the business’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $326.10, for a total value of $652,200.00. Following the completion of the sale, the senior vice president owned 101,861 shares in the company, valued at $33,216,872.10. This represents a 1.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 9,200 shares of company stock worth $2,990,362. 0.40% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Keysight Technologies

Several hedge funds have recently modified their holdings of the business. Annis Gardner Whiting Capital Advisors LLC raised its position in Keysight Technologies by 15.0% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 222 shares of the scientific and technical instruments company’s stock worth $63,000 after buying an additional 29 shares during the last quarter. Cornerstone Planning Group LLC grew its position in shares of 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 during the last quarter. Kera Capital Partners Inc. raised its holdings in shares of Keysight Technologies by 0.9% in the first quarter. Kera Capital Partners Inc. now owns 3,276 shares of the scientific and technical instruments company’s stock worth $925,000 after buying an additional 30 shares during the last quarter. KCM Investment Advisors LLC increased its holdings in Keysight Technologies by 1.3% in the first quarter. KCM Investment Advisors LLC now owns 2,333 shares of the scientific and technical instruments company’s stock valued at $659,000 after buying an additional 30 shares in the last quarter. Finally, WPG Advisers LLC boosted its stake in Keysight Technologies by 16.5% during the first quarter. WPG Advisers LLC now owns 219 shares of the scientific and technical instruments company’s stock worth $62,000 after buying an additional 31 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, Inc is a technology company that provides electronic design and test solutions for communications, aerospace and defense, automotive, semiconductor, energy, and other industries. Its products and services help engineers design, validate, manufacture, and optimize electronic systems and communications networks.

The company offers test and measurement instruments, software, network test and visibility solutions, simulation and modeling tools, cybersecurity testing capabilities, and related technical services.