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

Shares of Keysight Technologies Inc. (NYSE:KEYS) reached a new 52-week high on Monday . The company traded as high as $374.96 and last traded at $372.1030, with a volume of 130670 shares trading hands. The stock had previously closed at $363.67.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Truist Financial lifted their price objective on Keysight Technologies from $310.00 to $376.00 and gave the company a “hold” rating in a research report on Thursday, May 21st. JPMorgan Chase & Co. increased their target price on Keysight Technologies from $360.00 to $390.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. The Goldman Sachs Group restated a “buy” rating on shares of Keysight Technologies in a research note on Wednesday, May 20th. Wells Fargo & Company lifted their price target on Keysight Technologies from $300.00 to $390.00 and gave the company an “overweight” rating in a report on Wednesday, May 20th. Finally, Robert W. Baird upped their price target on shares of Keysight Technologies from $375.00 to $385.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $371.92.

Keysight Technologies Stock Down 5.3%

The firm’s 50-day moving average is $345.59 and its two-hundred day moving average is $280.07. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.51 and a current ratio of 1.90. The stock has a market cap of $60.42 billion, a P/E ratio of 58.15, a PEG ratio of 2.13 and a beta of 1.22.

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

Insider Transactions at Keysight Technologies

In related news, Director James Cullen sold 3,000 shares of Keysight Technologies stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total value of $1,039,740.00. Following the completion of the sale, the director directly owned 21,821 shares in the company, valued at $7,562,722.18. This trade represents a 12.09% 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 the SEC website. 0.40% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Belpointe Asset Management LLC bought a new stake in shares of Keysight Technologies in the fourth quarter worth $1,123,000. Confluence Investment Management LLC grew its position in Keysight Technologies by 2.3% in the fourth quarter. Confluence Investment Management LLC now owns 334,338 shares of the scientific and technical instruments company’s stock valued at $67,934,000 after purchasing an additional 7,398 shares in the last quarter. Willis Investment Counsel increased its stake in Keysight Technologies by 5.7% in the 4th quarter. Willis Investment Counsel now owns 80,609 shares of the scientific and technical instruments company’s stock valued at $16,379,000 after buying an additional 4,333 shares during the last quarter. Guyasuta Investment Advisors Inc. bought a new stake in Keysight Technologies during the 4th quarter worth about $1,137,000. Finally, Oak Harvest Investment Services bought a new position in shares of Keysight Technologies in the 4th quarter valued at about $4,070,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

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.