UBS Group Initiates Coverage on Keysight Technologies (NYSE:KEYS)

Equities researchers at UBS Group started coverage on shares of Keysight Technologies (NYSE:KEYS) in a report issued on Tuesday, MarketBeat reports. The firm set a “buy” rating and a $220.00 price target on the scientific and technical instruments company’s stock. UBS Group’s target price would indicate a potential upside of 19.59% from the stock’s previous close.

Other equities analysts have also recently issued reports about the stock. Weiss Ratings restated a “hold (c)” rating on shares of Keysight Technologies in a report on Wednesday, October 8th. Wall Street Zen downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 1st. Bank of America upped their target price on Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 20th. JPMorgan Chase & Co. raised their price target on Keysight Technologies from $177.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Finally, Barclays lowered their price target on Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a research note on Wednesday, August 20th. Seven equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Keysight Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $189.90.

Keysight Technologies Trading Up 0.8%

NYSE:KEYS opened at $183.97 on Tuesday. The stock has a market cap of $31.62 billion, a PE ratio of 58.59, a price-to-earnings-growth ratio of 2.38 and a beta of 1.22. Keysight Technologies has a fifty-two week low of $121.43 and a fifty-two week high of $187.67. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94. The stock’s 50-day moving average is $172.75 and its two-hundred day moving average is $165.29.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.05. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same period in the prior year, the firm earned $1.57 earnings per share. The firm’s revenue was up 11.1% compared to the same quarter last year. 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, equities research analysts forecast that Keysight Technologies will post 6.32 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total value of $347,960.00. Following the transaction, the senior vice president owned 106,590 shares of the company’s stock, valued at $18,544,528.20. This trade represents a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.61% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Price T Rowe Associates Inc. MD grew its position 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 purchasing an additional 2,675,148 shares during the last quarter. Norges Bank acquired a new stake in Keysight Technologies in the 2nd quarter valued at approximately $316,690,000. Victory Capital Management Inc. increased its position in Keysight Technologies by 1,224.5% in the 1st quarter. Victory Capital Management Inc. now owns 1,991,884 shares of the scientific and technical instruments company’s stock worth $298,324,000 after buying an additional 1,841,494 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in shares of Keysight Technologies by 2,290.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,421,437 shares of the scientific and technical instruments company’s stock worth $246,051,000 after buying an additional 1,361,969 shares during the last quarter. Finally, Man Group plc boosted its position in shares of Keysight Technologies by 164.3% in the second quarter. Man Group plc now owns 1,010,399 shares of the scientific and technical instruments company’s stock valued at $165,564,000 after acquiring an additional 628,082 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

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.