Keysight Technologies (NYSE:KEYS) Reaches New 52-Week High – Time to Buy?

Shares of Keysight Technologies Inc. (NYSE:KEYS) hit a new 52-week high during trading on Thursday . The stock traded as high as $220.12 and last traded at $216.4790, with a volume of 118176 shares traded. The stock had previously closed at $216.69.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on KEYS shares. Wells Fargo & Company raised their price target on shares of Keysight Technologies from $190.00 to $225.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. Morgan Stanley boosted their target price on Keysight Technologies from $208.00 to $227.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 17th. Robert W. Baird set a $210.00 price target on Keysight Technologies in a research note on Wednesday, November 26th. Citigroup boosted their price objective on Keysight Technologies from $215.00 to $220.00 and gave the company a “buy” rating in a report on Tuesday, November 25th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Keysight Technologies in a report on Monday, December 29th. Eight investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $219.82.

Keysight Technologies Stock Down 1.4%

The company has a current ratio of 2.35, a quick ratio of 1.78 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $36.56 billion, a PE ratio of 43.51, a P/E/G ratio of 2.29 and a beta of 1.18. The stock’s fifty day simple moving average is $203.05 and its 200-day simple moving average is $180.80.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Monday, November 24th. The scientific and technical instruments company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.08. The business had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.39 billion. Keysight Technologies had a net margin of 15.71% and a return on equity of 19.30%. The firm’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.65 earnings per share. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. As a group, sell-side analysts forecast that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Keysight Technologies announced that its Board of Directors has approved a share buyback 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 repurchase up to 4.9% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

Insider Transactions at Keysight Technologies

In related news, SVP Jeffrey K. Li sold 3,934 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $200.84, for a total transaction of $790,104.56. Following the completion of the sale, the senior vice president owned 36,699 shares in the company, valued at approximately $7,370,627.16. This trade represents a 9.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP John Page sold 15,000 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $213.48, for a total transaction of $3,202,200.00. Following the completion of the transaction, the senior vice president owned 21,393 shares in the company, valued at approximately $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. Over the last three months, insiders have sold 78,784 shares of company stock worth $15,841,737. Company insiders own 0.61% of the company’s stock.

Hedge Funds Weigh In On Keysight Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC lifted its stake in shares of Keysight Technologies by 92.6% during the 1st quarter. AQR Capital Management LLC now owns 27,216 shares of the scientific and technical instruments company’s stock valued at $3,965,000 after buying an additional 13,085 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in Keysight Technologies by 5.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company’s stock valued at $387,000 after acquiring an additional 122 shares during the period. Empowered Funds LLC grew its position in shares of Keysight Technologies by 30.0% in the first quarter. Empowered Funds LLC now owns 10,652 shares of the scientific and technical instruments company’s stock valued at $1,595,000 after purchasing an additional 2,461 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Keysight Technologies by 66.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock valued at $59,000 after purchasing an additional 157 shares during the period. Finally, Sivia Capital Partners LLC purchased a new stake in Keysight Technologies during the 2nd quarter worth about $254,000. Institutional investors own 84.58% of the company’s stock.

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.