Zacks Research Downgrades Keysight Technologies (NYSE:KEYS) to Hold

Keysight Technologies (NYSE:KEYS) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Tuesday,Zacks.com reports.

KEYS has been the topic of several other research reports. Jefferies Financial Group lifted their price target on shares of Keysight Technologies from $195.00 to $220.00 and gave the stock a “hold” rating in a research report on Wednesday, December 10th. Truist Financial assumed coverage on Keysight Technologies in a research note on Tuesday. They set a “hold” rating and a $310.00 price objective for the company. Wells Fargo & Company lifted their target price on Keysight Technologies from $225.00 to $300.00 and gave the stock an “overweight” rating in a report on Tuesday, February 24th. Wall Street Zen raised Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Finally, Robert W. Baird upped their target price on Keysight Technologies from $295.00 to $310.00 and gave the company an “outperform” rating in a report on Monday. Nine research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $304.17.

Keysight Technologies Price Performance

Shares of NYSE KEYS opened at $290.22 on Tuesday. Keysight Technologies has a twelve month low of $121.43 and a twelve month high of $317.00. The company has a current ratio of 2.60, a quick ratio of 2.02 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $49.77 billion, a price-to-earnings ratio of 52.29, a PEG ratio of 2.13 and a beta of 1.15. The firm has a 50-day moving average of $261.24 and a two-hundred day moving average of $213.95.

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

Insider Transactions at Keysight Technologies

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the 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 completion of the sale, the senior vice president owned 107,861 shares in the company, valued at $25,636,402.48. This represents a 1.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Satish Dhanasekaran sold 1,667 shares of the firm’s stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $300.00, for a total value of $500,100.00. Following the completion of the sale, the chief executive officer directly owned 122,398 shares of the company’s stock, valued at approximately $36,719,400. This trade represents a 1.34% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 40,334 shares of company stock worth $11,533,230. 0.40% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Norges Bank purchased a new stake in Keysight Technologies in the 4th quarter worth about $435,542,000. Focus Partners Wealth boosted its position in Keysight Technologies by 3,941.3% during the 4th 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 stake 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 valued at $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 holdings in shares of Keysight Technologies by 9,349.0% in 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 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.