Keysight Technologies Inc. (NYSE:KEYS – Get Free Report) Director Ronald Nersesian sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $285.96, for a total transaction of $8,578,800.00. Following the transaction, the director directly owned 163,377 shares in the company, valued at $46,719,286.92. The trade was a 15.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Keysight Technologies Stock Up 2.2%
Keysight Technologies stock traded up $6.17 during trading hours on Thursday, hitting $290.29. The company had a trading volume of 1,543,143 shares, compared to its average volume of 1,457,734. Keysight Technologies Inc. has a fifty-two week low of $121.43 and a fifty-two week high of $317.00. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.60 and a quick ratio of 2.02. The firm has a market capitalization of $49.78 billion, a P/E ratio of 52.30, a price-to-earnings-growth ratio of 2.24 and a beta of 1.12. The firm’s fifty day moving average is $246.50 and its 200-day moving average is $205.76.
Keysight Technologies (NYSE:KEYS – Get Free Report) last posted its quarterly earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $2.00 by $0.17. The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.54 billion. Keysight Technologies had a net margin of 16.84% and a return on equity of 19.26%. Keysight Technologies’s revenue for the quarter was up 23.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.82 earnings per share. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. On average, research analysts forecast that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.
Hedge Funds Weigh In On Keysight Technologies
Institutional investors have recently modified their holdings of the company. Quarry LP acquired a new stake in shares of Keysight Technologies in the fourth quarter worth $25,000. Optiver Holding B.V. acquired a new position in Keysight Technologies in the 3rd quarter valued at $35,000. Westfuller Advisors LLC bought a new position in Keysight Technologies in the 3rd quarter worth $45,000. Entrust Financial LLC acquired a new position in Keysight Technologies during the 4th quarter worth $45,000. Finally, True Wealth Design LLC lifted its position in Keysight Technologies by 68.5% during the 3rd quarter. True Wealth Design LLC now owns 278 shares of the scientific and technical instruments company’s stock worth $49,000 after acquiring an additional 113 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.
Analyst Ratings Changes
KEYS has been the subject of several recent research reports. Wells Fargo & Company boosted their price target on Keysight Technologies from $225.00 to $300.00 and gave the company an “overweight” rating in a research note on Tuesday, February 24th. Robert W. Baird lifted their target price on shares of Keysight Technologies from $230.00 to $257.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Keysight Technologies in a research report on Monday, December 29th. JPMorgan Chase & Co. increased their price target on shares of Keysight Technologies from $255.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 24th. Finally, Jefferies Financial Group raised their price target on shares of Keysight Technologies from $195.00 to $220.00 and gave the company a “hold” rating in a report on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Keysight Technologies presently has an average rating of “Moderate Buy” and an average price target of $295.36.
Check Out Our Latest Research Report on Keysight Technologies
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.
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