Keysight Technologies (NYSE:KEYS) Reaches New 1-Year High After Earnings Beat

Keysight Technologies Inc. (NYSE:KEYS) reached a new 52-week high during trading on Tuesday following a stronger than expected earnings report. The stock traded as high as $201.50 and last traded at $191.6420, with a volume of 796247 shares. The stock had previously closed at $177.67.

The scientific and technical instruments company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.08. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same period in the prior year, the business earned $1.65 EPS. The firm’s revenue was up 10.1% on a year-over-year basis. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS.

Keysight Technologies declared that its board has approved a stock repurchase program on Monday, November 24th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the scientific and technical instruments company to buy up to 4.9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on KEYS shares. Wells Fargo & Company lifted their price objective on shares of Keysight Technologies from $190.00 to $225.00 and gave the company an “overweight” rating in a research report on Tuesday. JPMorgan Chase & Co. raised their price target on shares of Keysight Technologies from $200.00 to $207.00 and gave the company an “overweight” rating in a research note on Tuesday. Bank of America lifted their price target on Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a report on Wednesday, August 20th. Jefferies Financial Group increased their price objective on Keysight Technologies from $180.00 to $195.00 and gave the stock a “hold” rating in a report on Tuesday. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Keysight Technologies in a research report on Wednesday, November 19th. Eight analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $214.36.

Insider Activity at Keysight Technologies

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the company’s stock in a transaction 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 owned 106,590 shares in the company, valued at $18,544,528.20. This represents a 1.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On Keysight Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of Keysight Technologies by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 21,423,838 shares of the scientific and technical instruments company’s stock valued at $3,747,458,000 after purchasing an additional 97,064 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Keysight Technologies by 16.6% during 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. State Street Corp boosted its holdings in Keysight Technologies by 0.7% during the second quarter. State Street Corp now owns 7,973,742 shares of the scientific and technical instruments company’s stock worth $1,306,577,000 after buying an additional 55,358 shares in the last quarter. Boston Partners boosted its holdings in Keysight Technologies by 3.4% during the third quarter. Boston Partners now owns 4,870,268 shares of the scientific and technical instruments company’s stock worth $851,525,000 after buying an additional 160,728 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in 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 worth $747,437,000 after buying an additional 40,560 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Price Performance

The company has a market cap of $33.57 billion, a P/E ratio of 62.20, a PEG ratio of 2.38 and a beta of 1.22. The company has a fifty day simple moving average of $174.10 and a 200-day simple moving average of $167.30. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94.

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.