Ronald Nersesian Sells 30,000 Shares of Keysight Technologies (NYSE:KEYS) Stock

Keysight Technologies Inc. (NYSE:KEYS) Director Ronald Nersesian sold 30,000 shares of the business’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $285.96, for a total transaction of $8,578,800.00. Following the completion of the sale, the director owned 163,377 shares in the company, valued at approximately $46,719,286.92. This trade represents a 15.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Keysight Technologies Price Performance

Shares of NYSE KEYS opened at $277.54 on Friday. Keysight Technologies Inc. has a twelve month low of $121.43 and a twelve month high of $317.00. The company has a current ratio of 2.60, a quick ratio of 2.02 and a debt-to-equity ratio of 0.41. The firm has a 50-day moving average of $249.57 and a two-hundred day moving average of $207.13. The company has a market capitalization of $47.60 billion, a price-to-earnings ratio of 50.01, a PEG ratio of 2.26 and a beta of 1.12.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.00 by $0.17. Keysight Technologies had a net margin of 16.84% and a return on equity of 19.26%. The company had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter in the previous year, the company posted $1.82 EPS. The business’s revenue was up 23.3% compared to the same quarter last year. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. As a group, analysts expect that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Keysight Technologies announced that its board has authorized a stock repurchase program on Monday, November 24th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the scientific and technical instruments company to repurchase up to 4.9% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Bank of America raised Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 target price for the company in a report on Tuesday, February 24th. UBS Group boosted their price objective on Keysight Technologies from $230.00 to $340.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. JPMorgan Chase & Co. upped their price objective on shares of Keysight Technologies from $255.00 to $300.00 and gave the company an “overweight” rating in a research note on Tuesday, February 24th. Susquehanna reiterated a “positive” rating and issued a $300.00 target price on shares of Keysight Technologies in a report on Tuesday, February 24th. Finally, Zacks Research raised shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $295.36.

Hedge Funds Weigh In On Keysight Technologies

Several institutional investors and hedge funds have recently bought and sold shares of KEYS. Paradiem LLC bought a new stake in Keysight Technologies during the third quarter worth approximately $979,000. Madison Asset Management LLC grew its holdings in Keysight Technologies by 7.6% during the third quarter. Madison Asset Management LLC now owns 571,222 shares of the scientific and technical instruments company’s stock valued at $99,918,000 after purchasing an additional 40,153 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of Keysight Technologies in the second quarter valued at approximately $621,000. National Pension Service lifted its stake in shares of Keysight Technologies by 2.4% in the third quarter. National Pension Service now owns 291,237 shares of the scientific and technical instruments company’s stock worth $50,943,000 after buying an additional 6,957 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Keysight Technologies by 3.1% in the second quarter. JPMorgan Chase & Co. now owns 1,107,655 shares of the scientific and technical instruments company’s stock worth $181,507,000 after buying an additional 33,768 shares during the last quarter. Hedge funds and other 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.