Wall Street Zen cut shares of Keysight Technologies (NYSE:KEYS – Free Report) from a buy rating to a hold rating in a research report report published on Saturday morning.
Other equities research analysts also recently issued research reports about the stock. Robert W. Baird set a $210.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 26th. The Goldman Sachs Group reissued a “buy” rating and issued a $243.00 price objective on shares of Keysight Technologies in a research note on Thursday, January 15th. Susquehanna boosted their target price on Keysight Technologies from $215.00 to $225.00 and gave the company a “positive” rating in a research report on Tuesday, November 25th. Weiss Ratings reiterated a “hold (c)” rating on shares of Keysight Technologies in a report on Monday, December 29th. Finally, 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. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $219.82.
View Our Latest Report on Keysight Technologies
Keysight Technologies Trading Down 2.1%
Keysight Technologies (NYSE:KEYS – Get Free Report) last posted its quarterly earnings data on Monday, November 24th. The scientific and technical instruments company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.08. The business had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.39 billion. Keysight Technologies had a return on equity of 19.30% and a net margin of 15.71%.The company’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same period last year, the company earned $1.65 EPS. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. As a group, research analysts forecast that Keysight Technologies will post 6.32 EPS for the current year.
Keysight Technologies announced that its Board of Directors has authorized a stock buyback program on Monday, November 24th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the scientific and technical instruments company to purchase up to 4.9% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s management believes its shares are undervalued.
Insider Buying and Selling at Keysight Technologies
In other news, SVP Jeffrey K. Li sold 3,934 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $200.84, for a total transaction of $790,104.56. Following the transaction, 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 sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Ronald S. Nersesian sold 30,000 shares of the company’s stock in a transaction dated Friday, November 28th. The stock was sold at an average price of $196.88, for a total transaction of $5,906,400.00. Following the completion of the sale, the director directly owned 198,389 shares of the company’s stock, valued at approximately $39,058,826.32. This trade represents a 13.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 78,784 shares of company stock worth $15,841,737. Insiders own 0.61% of the company’s stock.
Hedge Funds Weigh In On Keysight Technologies
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Cardinal Capital Management lifted its holdings in Keysight Technologies by 0.6% during the fourth quarter. Cardinal Capital Management now owns 40,066 shares of the scientific and technical instruments company’s stock worth $8,141,000 after buying an additional 222 shares during the period. Keybank National Association OH raised its position in shares of Keysight Technologies by 5.3% in the 4th quarter. Keybank National Association OH now owns 3,378 shares of the scientific and technical instruments company’s stock worth $686,000 after acquiring an additional 170 shares in the last quarter. Wealthfront Advisers LLC lifted its stake in shares of Keysight Technologies by 8.6% during the 4th quarter. Wealthfront Advisers LLC now owns 15,796 shares of the scientific and technical instruments company’s stock worth $3,210,000 after purchasing an additional 1,245 shares during the last quarter. Certuity LLC boosted its position in Keysight Technologies by 11.7% during the fourth quarter. Certuity LLC now owns 1,297 shares of the scientific and technical instruments company’s stock valued at $264,000 after purchasing an additional 136 shares in the last quarter. Finally, Torren Management LLC purchased a new position in Keysight Technologies in the fourth quarter valued at about $304,000. 84.58% of the stock is currently owned by 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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