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

Keysight Technologies Inc. (NYSE:KEYS) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $221.22 and last traded at $218.7880, with a volume of 456546 shares. The stock had previously closed at $217.82.

Analyst Ratings Changes

Several research analysts have commented on the stock. Morgan Stanley raised their target price on shares of Keysight Technologies from $208.00 to $227.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. 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 report on Tuesday, November 25th. Wall Street Zen lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 20th. Jefferies Financial Group raised their target price on Keysight Technologies from $195.00 to $220.00 and gave the stock a “hold” rating in a research report on Wednesday, December 10th. Finally, JPMorgan Chase & Co. upped their price target on Keysight Technologies from $200.00 to $207.00 and gave the company an “overweight” rating in a research report 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $219.82.

Keysight Technologies Price Performance

The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.78 and a current ratio of 2.35. The company has a market capitalization of $37.56 billion, a PE ratio of 44.70, a P/E/G ratio of 2.25 and a beta of 1.18. The stock has a 50 day moving average price of $204.69 and a two-hundred day moving average price of $181.77.

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

Keysight Technologies declared that its Board of Directors has approved a share 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 buy up to 4.9% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board believes its stock is undervalued.

Insider Activity

In related news, CEO Satish Dhanasekaran sold 4,230 shares of the company’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $211.43, for a total transaction of $894,348.90. Following the completion of the sale, the chief executive officer directly owned 128,131 shares of the company’s stock, valued at approximately $27,090,737.33. This represents a 3.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Jeffrey K. Li sold 3,934 shares of the firm’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 transaction, the senior vice president owned 36,699 shares in the company, valued at $7,370,627.16. The trade was a 9.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 78,784 shares of company stock valued at $15,841,737. Insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On Keysight Technologies

Hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC grew its holdings in 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 valued at $3,965,000 after buying an additional 13,085 shares during the last quarter. Integrated Wealth Concepts LLC boosted its position in shares of Keysight Technologies by 5.0% in the first quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company’s stock valued at $387,000 after acquiring an additional 122 shares during the period. Empowered Funds LLC grew its stake in shares of 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 during the last quarter. Geneos Wealth Management Inc. raised its stake in Keysight Technologies by 66.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock valued at $59,000 after purchasing an additional 157 shares during the last quarter. Finally, Sivia Capital Partners LLC bought a new stake in Keysight Technologies in the 2nd quarter valued at $254,000. 84.58% of the stock is currently 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.