Keysight Technologies (NYSE:KEYS) Given New $179.00 Price Target at Bank of America

Keysight Technologies (NYSE:KEYS) had its target price raised by Bank of America from $175.00 to $179.00 in a research report released on Wednesday,Benzinga reports. The firm currently has a neutral rating on the scientific and technical instruments company’s stock.

A number of other research firms have also recently issued reports on KEYS. Morgan Stanley upped their price target on shares of Keysight Technologies from $156.00 to $180.00 and gave the company an “overweight” rating in a report on Tuesday, May 13th. JPMorgan Chase & Co. upped their price target on shares of Keysight Technologies from $177.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $187.38.

Keysight Technologies Trading Down 3.0%

Shares of NYSE:KEYS opened at $158.5390 on Wednesday. The stock has a market capitalization of $27.29 billion, a PE ratio of 50.49, a P/E/G ratio of 2.31 and a beta of 1.11. Keysight Technologies has a 1 year low of $121.43 and a 1 year high of $186.20. The firm has a fifty day moving average price of $163.15 and a 200 day moving average price of $158.42. The company has a current ratio of 3.39, a quick ratio of 2.75 and a debt-to-equity ratio of 0.46.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.05. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.91%. The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the prior year, the company earned $1.57 earnings per share. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. Analysts expect that Keysight Technologies will post 6.32 EPS for the current fiscal year.

Insider Activity at Keysight Technologies

In related news, CEO Satish Dhanasekaran sold 658 shares of the stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $157.78, for a total value of $103,819.24. Following the completion of the sale, the chief executive officer owned 115,576 shares in the company, valued at approximately $18,235,581.28. This trade represents a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Ingrid A. Estrada sold 10,000 shares of the stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $158.97, for a total transaction of $1,589,700.00. Following the completion of the sale, the senior vice president owned 108,590 shares of the company’s stock, valued at approximately $17,262,552.30. The trade was a 8.43% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 30,241 shares of company stock worth $4,866,631 in the last three months. Corporate insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On Keysight Technologies

Several hedge funds have recently made changes to their positions in the stock. Haven Private LLC grew its stake in shares of Keysight Technologies by 1.7% during the second quarter. Haven Private LLC now owns 4,041 shares of the scientific and technical instruments company’s stock valued at $662,000 after purchasing an additional 67 shares during the last quarter. BlackDiamond Wealth Management LLC grew its stake in shares of Keysight Technologies by 3.9% during the second quarter. BlackDiamond Wealth Management LLC now owns 1,796 shares of the scientific and technical instruments company’s stock valued at $295,000 after purchasing an additional 68 shares during the last quarter. Summit Financial LLC grew its stake in shares of Keysight Technologies by 2.2% during the first quarter. Summit Financial LLC now owns 3,468 shares of the scientific and technical instruments company’s stock valued at $519,000 after purchasing an additional 73 shares during the last quarter. Private Trust Co. NA grew its stake in shares of Keysight Technologies by 39.9% during the first quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company’s stock valued at $39,000 after purchasing an additional 75 shares during the last quarter. Finally, Principal Securities Inc. grew its stake in shares of Keysight Technologies by 9.1% during the first quarter. Principal Securities Inc. now owns 910 shares of the scientific and technical instruments company’s stock valued at $146,000 after purchasing an additional 76 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.