Keysight Technologies (NYSE:KEYS) Cut to “Buy” at Wall Street Zen

Wall Street Zen lowered shares of Keysight Technologies (NYSE:KEYSFree Report) from a strong-buy rating to a buy rating in a research note issued to investors on Saturday.

A number of other brokerages also recently issued reports on KEYS. Zacks Research raised Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. JPMorgan Chase & Co. raised their price objective on Keysight Technologies from $360.00 to $390.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. UBS Group upped their price target on Keysight Technologies from $340.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Morgan Stanley increased their price target on shares of Keysight Technologies from $305.00 to $350.00 and gave the company an “equal weight” rating in a report on Wednesday, May 20th. Finally, Susquehanna lifted their price objective on Keysight Technologies from $415.00 to $425.00 and gave the stock a “positive” rating in a research report on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $371.92.

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Keysight Technologies Stock Performance

NYSE KEYS opened at $322.45 on Friday. The firm has a market capitalization of $55.11 billion, a P/E ratio of 53.04, a PEG ratio of 1.82 and a beta of 1.22. Keysight Technologies has a fifty-two week low of $152.85 and a fifty-two week high of $374.96. The stock has a 50-day simple moving average of $332.92 and a two-hundred day simple moving average of $303.80. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.51 and a current ratio of 1.90.

Keysight Technologies (NYSE:KEYSGet Free Report) last announced its quarterly earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.55. The company had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.71 billion. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.Keysight Technologies’s quarterly revenue was up 31.5% on a year-over-year basis. During the same period last year, the business earned $1.70 earnings per share. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, equities analysts forecast that Keysight Technologies will post 9.03 earnings per share for the current year.

Insider Activity at Keysight Technologies

In related news, Director James Cullen sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $346.58, for a total value of $1,039,740.00. Following the transaction, the director owned 21,821 shares in the company, valued at approximately $7,562,722.18. This trade represents a 12.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Satish Dhanasekaran sold 507 shares of the stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $361.32, for a total value of $183,189.24. Following the completion of the sale, the chief executive officer owned 121,391 shares of the company’s stock, valued at approximately $43,860,996.12. This represents a 0.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 5,507 shares of company stock worth $1,904,669. Company insiders own 0.40% of the company’s stock.

Institutional Trading of Keysight Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC lifted its position in shares of Keysight Technologies by 92.6% in the 1st quarter. AQR Capital Management LLC now owns 27,216 shares of the scientific and technical instruments company’s stock worth $3,965,000 after buying an additional 13,085 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake 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 purchasing an additional 122 shares in the last quarter. Empowered Funds LLC raised its position in 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 worth $1,595,000 after acquiring an additional 2,461 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of Keysight Technologies by 66.5% in the first quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock valued at $59,000 after buying an additional 157 shares in the last quarter. Finally, Sivia Capital Partners LLC acquired a new position in shares of Keysight Technologies in the 2nd quarter valued at $254,000. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Company Profile

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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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Analyst Recommendations for Keysight Technologies (NYSE:KEYS)

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