Keysight Technologies (NYSE:KEYS) Sets New 12-Month High – What’s Next?

Keysight Technologies Inc. (NYSE:KEYSGet Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $214.58 and last traded at $215.7350, with a volume of 39654 shares traded. The stock had previously closed at $209.40.

Wall Street Analyst Weigh In

A number of analysts have recently commented on KEYS shares. Citigroup lifted their price target on Keysight Technologies from $215.00 to $220.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Wall Street Zen downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 20th. Barclays boosted their target price on shares of Keysight Technologies from $195.00 to $232.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. Robert W. Baird set a $210.00 price target on shares of Keysight Technologies in a research note on Wednesday, November 26th. Finally, UBS Group set a $230.00 price objective on shares of Keysight Technologies in a research note 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’s stock. Based on data from MarketBeat.com, Keysight Technologies presently has an average rating of “Moderate Buy” and an average target price of $219.82.

Get Our Latest Research Report on KEYS

Keysight Technologies Stock Up 3.7%

The stock’s 50-day moving average price is $198.50 and its 200-day moving average price is $178.38. 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 cap of $37.30 billion, a price-to-earnings ratio of 44.38, a P/E/G ratio of 2.22 and a beta of 1.18.

Keysight Technologies (NYSE:KEYSGet Free Report) last posted its quarterly earnings data 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 company had revenue of $1.42 billion during 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%. Keysight Technologies’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.65 earnings per share. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. On average, sell-side analysts expect that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

Keysight Technologies declared that its board has authorized a stock buyback program on Monday, November 24th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the scientific and technical instruments company to purchase up to 4.9% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Insider Buying and Selling

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 12,528 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $196.42, for a total value of $2,460,749.76. Following the completion of the sale, the chief executive officer directly owned 132,361 shares in the company, valued at approximately $25,998,347.62. The trade was a 8.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP John Page sold 15,000 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $213.48, for a total value of $3,202,200.00. Following the transaction, the senior vice president owned 21,393 shares in the company, valued at $4,566,977.64. The trade was a 41.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 78,784 shares of company stock worth $15,841,737 over the last three months. Insiders own 0.61% of the company’s stock.

Hedge Funds Weigh In On Keysight Technologies

Institutional investors and hedge funds have recently made changes to their positions in the stock. True Wealth Design LLC boosted its holdings in Keysight Technologies by 358.3% in the second quarter. True Wealth Design LLC now owns 165 shares of the scientific and technical instruments company’s stock worth $27,000 after acquiring an additional 129 shares in the last quarter. NewSquare Capital LLC lifted its holdings in shares of Keysight Technologies by 155.2% in the second quarter. NewSquare Capital LLC now owns 171 shares of the scientific and technical instruments company’s stock valued at $28,000 after purchasing an additional 104 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in Keysight Technologies during the second quarter worth $34,000. Optiver Holding B.V. purchased a new stake in Keysight Technologies in the 3rd quarter valued at $35,000. Finally, IFP Advisors Inc lifted its stake in Keysight Technologies by 49.1% during the 2nd quarter. IFP Advisors Inc now owns 246 shares of the scientific and technical instruments company’s stock valued at $40,000 after acquiring an additional 81 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.

About Keysight Technologies

(Get Free Report)

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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