Wall Street Zen upgraded shares of Keysight Technologies (NYSE:KEYS – Free Report) from a buy rating to a strong-buy rating in a research note issued to investors on Saturday.
A number of other equities analysts also recently weighed in on the company. Morgan Stanley reissued an “equal weight” rating and set a $180.00 price target on shares of Keysight Technologies in a research report on Friday, October 10th. Bank of America boosted their price target on Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 20th. Barclays lowered their price target on Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Keysight Technologies in a research report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. boosted their price target on Keysight Technologies from $177.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $187.38.
View Our Latest Stock Report on KEYS
Keysight Technologies Price Performance
Keysight Technologies (NYSE:KEYS – Get Free Report) last announced its quarterly earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.05. The firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.32 billion. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The business’s revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.57 earnings per share. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. As a group, sell-side analysts forecast that Keysight Technologies will post 6.32 EPS for the current fiscal year.
Insider Activity
In related news, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total value of $347,960.00. Following the completion of the sale, the senior vice president directly owned 106,590 shares in the company, valued at approximately $18,544,528.20. The trade was a 1.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.61% of the company’s stock.
Institutional Investors Weigh In On Keysight Technologies
Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Keysight Technologies by 1.7% in the second quarter. Vanguard Group Inc. now owns 21,326,774 shares of the scientific and technical instruments company’s stock valued at $3,494,605,000 after buying an additional 357,263 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Keysight Technologies by 16.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 18,790,100 shares of the scientific and technical instruments company’s stock valued at $2,814,195,000 after buying an additional 2,675,148 shares during the period. State Street Corp boosted its stake in shares of Keysight Technologies by 0.7% in the second quarter. State Street Corp now owns 7,973,742 shares of the scientific and technical instruments company’s stock valued at $1,306,577,000 after buying an additional 55,358 shares during the period. Boston Partners boosted its stake in shares of Keysight Technologies by 10.5% in the second quarter. Boston Partners now owns 4,709,540 shares of the scientific and technical instruments company’s stock valued at $771,359,000 after buying an additional 446,123 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Keysight Technologies by 0.9% in the second quarter. Geode Capital Management LLC now owns 4,575,953 shares of the scientific and technical instruments company’s stock valued at $747,437,000 after buying an additional 40,560 shares during the period. 84.58% of the stock is currently owned by institutional investors.
About Keysight Technologies
Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.
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