Keysight Technologies (NYSE:KEYS) Hits New 12-Month High – Here’s Why

Keysight Technologies Inc. (NYSE:KEYS)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $314.45 and last traded at $315.33, with a volume of 896195 shares changing hands. The stock had previously closed at $307.33.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Susquehanna reissued a “positive” rating and set a $300.00 price target on shares of Keysight Technologies in a research report on Tuesday, February 24th. Jefferies Financial Group raised their target price on shares of Keysight Technologies from $195.00 to $220.00 and gave the company a “hold” rating in a research note on Wednesday, December 10th. Wall Street Zen raised Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Saturday. The Goldman Sachs Group upped their price target on Keysight Technologies from $243.00 to $322.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Finally, Morgan Stanley lifted their price objective on Keysight Technologies from $227.00 to $268.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 24th. Nine equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $295.36.

Keysight Technologies Trading Up 1.9%

The stock has a fifty day simple moving average of $225.39 and a 200 day simple moving average of $194.70. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.02 and a current ratio of 2.60. The firm has a market cap of $53.72 billion, a P/E ratio of 56.43, a price-to-earnings-growth ratio of 2.39 and a beta of 1.20.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.00 by $0.17. Keysight Technologies had a return on equity of 19.26% and a net margin of 16.84%.The firm had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same period in the prior year, the company posted $1.82 earnings per share. The company’s quarterly revenue was up 23.3% on a year-over-year basis. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. On average, research analysts expect that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Keysight Technologies declared that its board has initiated a stock buyback plan on Monday, November 24th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the scientific and technical instruments company to reacquire up to 4.9% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board believes its shares are undervalued.

Insider Transactions at Keysight Technologies

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $237.68, for a total value of $475,360.00. Following the transaction, the senior vice president directly owned 107,861 shares in the company, valued at $25,636,402.48. This trade represents a 1.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Neil Dougherty sold 1,000 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $203.72, for a total value of $203,720.00. Following the sale, the chief financial officer owned 127,833 shares of the company’s stock, valued at approximately $26,042,138.76. This trade represents a 0.78% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 27,053 shares of company stock valued at $5,749,454. Company insiders own 0.40% of the company’s stock.

Institutional Trading of Keysight Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Quarry LP bought a new stake in shares of Keysight Technologies during the 4th quarter valued at $25,000. True Wealth Design LLC lifted its position in Keysight Technologies by 358.3% during the second quarter. True Wealth Design LLC now owns 165 shares of the scientific and technical instruments company’s stock valued at $27,000 after purchasing an additional 129 shares in the last quarter. NewSquare Capital LLC grew its holdings in Keysight Technologies by 155.2% during 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 during the period. Atlantic Union Bankshares Corp bought a new stake in Keysight Technologies during the second quarter valued at about $34,000. Finally, Optiver Holding B.V. purchased a new stake in Keysight Technologies in the third quarter worth about $35,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

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.