Keysight Technologies (NYSE:KEYS) Reaches New 52-Week High – Here’s Why

Keysight Technologies Inc. (NYSE:KEYS)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $242.83 and last traded at $242.1790, with a volume of 284123 shares. The stock had previously closed at $234.39.

Analysts Set New Price Targets

A number of research firms recently weighed in on KEYS. Weiss Ratings reissued a “hold (c)” rating on shares of Keysight Technologies in a report on Monday, December 29th. Susquehanna increased their price objective on shares of Keysight Technologies from $215.00 to $225.00 and gave the company a “positive” rating in a research report on Tuesday, November 25th. Wells Fargo & Company lifted their price objective on shares of Keysight Technologies from $190.00 to $225.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. JPMorgan Chase & Co. boosted their target price on shares of Keysight Technologies from $200.00 to $207.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. Finally, Citigroup upped their target price on shares of Keysight Technologies from $215.00 to $220.00 and gave the company a “buy” rating in a research report on Tuesday, November 25th. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $221.64.

Keysight Technologies Stock Performance

The stock has a market capitalization of $41.41 billion, a PE ratio of 49.37, a PEG ratio of 2.45 and a beta of 1.20. The business’s 50 day moving average is $214.67 and its 200 day moving average is $188.54. The company has a current ratio of 2.35, a quick ratio of 1.78 and a debt-to-equity ratio of 0.43.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Monday, November 24th. The scientific and technical instruments company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.08. Keysight Technologies had a net margin of 15.71% and a return on equity of 19.30%. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter last year, the firm earned $1.65 earnings per share. The firm’s quarterly revenue was up 10.1% compared to the same quarter last year. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. On average, equities research analysts predict that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Keysight Technologies declared that its Board of Directors has approved a stock buyback plan on Monday, November 24th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the scientific and technical instruments company to buy up to 4.9% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In other news, SVP Jeffrey K. Li sold 3,934 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $200.84, for a total transaction of $790,104.56. Following the completion of the sale, the senior vice president directly owned 36,699 shares of the company’s stock, valued at approximately $7,370,627.16. The trade was a 9.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Neil Dougherty sold 1,000 shares of the company’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $203.72, for a total transaction of $203,720.00. Following the completion of the transaction, the chief financial officer owned 127,833 shares in the company, valued at approximately $26,042,138.76. The trade was a 0.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 78,784 shares of company stock valued at $15,841,737. Insiders own 0.40% of the company’s stock.

Institutional Investors Weigh In On Keysight Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Norges Bank bought a new position in shares of Keysight Technologies during the 4th quarter worth $435,542,000. Focus Partners Wealth lifted its stake in Keysight Technologies by 3,941.3% in the fourth quarter. Focus Partners Wealth now owns 1,406,286 shares of the scientific and technical instruments company’s stock worth $285,743,000 after acquiring an additional 1,371,488 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in Keysight Technologies by 2,290.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,421,437 shares of the scientific and technical instruments company’s stock worth $246,051,000 after acquiring an additional 1,361,969 shares in the last quarter. Woodline Partners LP purchased a new position in Keysight Technologies during the 3rd quarter valued at about $208,891,000. Finally, M&T Bank Corp increased its position in Keysight Technologies by 9,349.0% during the 4th quarter. M&T Bank Corp now owns 1,048,176 shares of the scientific and technical instruments company’s stock valued at $212,979,000 after purchasing an additional 1,037,083 shares during the period. 84.58% of the stock is 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.