Keysight Technologies Inc. (NYSE:KEYS – Get Free Report) CEO Satish Dhanasekaran sold 1,667 shares of the firm’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $290.00, for a total transaction of $483,430.00. Following the completion of the transaction, the chief executive officer directly owned 124,065 shares in the company, valued at $35,978,850. This represents a 1.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.
Keysight Technologies Trading Up 4.2%
KEYS stock opened at $289.30 on Tuesday. Keysight Technologies Inc. has a 12-month low of $121.43 and a 12-month high of $317.00. The business’s 50-day moving average is $251.18 and its 200 day moving average is $208.60. 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 stock has a market cap of $49.61 billion, a price-to-earnings ratio of 52.13, a PEG ratio of 2.16 and a beta of 1.12.
Keysight Technologies (NYSE:KEYS – Get Free Report) last released its earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share for the quarter, beating the consensus estimate of $2.00 by $0.17. The business 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 business’s quarterly revenue was up 23.3% compared to the same quarter last year. During the same quarter last year, the business 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. On average, sell-side analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.
Hedge Funds Weigh In On Keysight Technologies
A number of hedge funds have recently made changes to their positions in the stock. Quarry LP acquired a new position in Keysight Technologies during the fourth quarter worth $25,000. Optiver Holding B.V. acquired a new stake in shares of Keysight Technologies in the third quarter valued at $35,000. Westfuller Advisors LLC purchased a new stake in shares of Keysight Technologies in the 3rd quarter valued at $45,000. Entrust Financial LLC acquired a new position in Keysight Technologies during the 4th quarter worth about $45,000. Finally, True Wealth Design LLC lifted its stake in Keysight Technologies by 68.5% during the 3rd quarter. True Wealth Design LLC now owns 278 shares of the scientific and technical instruments company’s stock worth $49,000 after acquiring an additional 113 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.
Analysts Set New Price Targets
KEYS has been the subject of a number of recent research reports. Morgan Stanley increased their target price on shares of Keysight Technologies from $227.00 to $268.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 24th. Bank of America raised shares of Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 price objective for the company in a research note on Tuesday, February 24th. Wall Street Zen upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Jefferies Financial Group raised their target price on shares of Keysight Technologies from $195.00 to $220.00 and gave the stock a “hold” rating in a research note on Wednesday, December 10th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Keysight Technologies in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $298.82.
Check Out Our Latest Stock Analysis on KEYS
About Keysight Technologies
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.
Read More
Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
