Keysight Technologies (NYSE:KEYS) Upgraded at Zacks Research

Zacks Research upgraded shares of Keysight Technologies (NYSE:KEYS) from a hold rating to a strong-buy rating in a report released on Monday morning,Zacks.com reports.

Other research analysts have also recently issued reports about the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Keysight Technologies in a research report on Monday, December 29th. Barclays raised their price objective on shares of Keysight Technologies from $232.00 to $320.00 and gave the stock an “overweight” rating in a report on Tuesday, February 24th. UBS Group lifted their target price on shares of Keysight Technologies from $230.00 to $340.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Wall Street Zen raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Finally, Wells Fargo & Company raised their price target on shares of Keysight Technologies from $225.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $295.36.

Keysight Technologies Price Performance

Shares of KEYS opened at $300.53 on Monday. The business’s 50-day moving average is $231.41 and its 200-day moving average is $197.45. 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 company has a market capitalization of $51.55 billion, a price-to-earnings ratio of 54.15, a P/E/G ratio of 2.35 and a beta of 1.12. Keysight Technologies has a fifty-two week low of $121.43 and a fifty-two week high of $317.00.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Monday, February 23rd. The scientific and technical instruments company reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $2.00 by $0.17. The firm had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.54 billion. Keysight Technologies had a return on equity of 19.26% and a net margin of 16.84%.The firm’s revenue was up 23.3% on a year-over-year basis. During the same quarter in the prior year, the company 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. Equities research analysts expect that Keysight Technologies will post 6.32 EPS for the current fiscal year.

Keysight Technologies declared that its board has initiated a share repurchase plan on Monday, November 24th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the scientific and technical instruments company to repurchase up to 4.9% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s 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 transaction, the senior vice president directly owned 107,861 shares in the company, valued at $25,636,402.48. This trade represents a 1.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Neil Dougherty sold 1,000 shares of Keysight Technologies stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $203.72, for a total value of $203,720.00. Following the sale, the chief financial officer directly owned 127,833 shares of the company’s stock, valued at approximately $26,042,138.76. This trade represents a 0.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 24,119 shares of company stock valued at $5,263,770 over the last three months. 0.40% of the stock is owned by insiders.

Hedge Funds Weigh In On Keysight Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KEYS. Norges Bank acquired a new stake in shares of Keysight Technologies in the 4th quarter valued at approximately $435,542,000. Focus Partners Wealth increased its stake in Keysight Technologies by 3,941.3% in the fourth quarter. Focus Partners Wealth now owns 1,406,286 shares of the scientific and technical instruments company’s stock valued at $285,743,000 after purchasing an additional 1,371,488 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in Keysight Technologies by 2,290.3% in 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 purchasing an additional 1,361,969 shares during the period. Woodline Partners LP bought a new position in shares of Keysight Technologies during the third quarter worth $208,891,000. Finally, M&T Bank Corp grew 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 buying an additional 1,037,083 shares during the period. Institutional investors own 84.58% of the company’s stock.

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.