Truist Financial assumed coverage on shares of Keysight Technologies (NYSE:KEYS – Free Report) in a research note published on Tuesday, MarketBeat reports. The firm issued a hold rating and a $310.00 price target on the scientific and technical instruments company’s stock.
Several other research analysts have also weighed in on KEYS. Zacks Research raised shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. Robert W. Baird boosted their price target on shares of Keysight Technologies from $295.00 to $310.00 and gave the company an “outperform” rating in a research note on Monday. The Goldman Sachs Group upped their price objective on shares of Keysight Technologies from $243.00 to $322.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. UBS Group increased their price objective on shares of Keysight Technologies from $230.00 to $340.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Keysight Technologies from $255.00 to $300.00 and gave the company an “overweight” rating in a report on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $304.17.
Check Out Our Latest Stock Report on Keysight Technologies
Keysight Technologies Price Performance
Keysight Technologies (NYSE:KEYS – Get Free Report) last released its quarterly earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $2.00 by $0.17. The business had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Keysight Technologies had a return on equity of 19.26% and a net margin of 16.84%.The company’s revenue was up 23.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.82 EPS. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. Equities analysts expect that Keysight Technologies will post 6.32 EPS for the current year.
Insider Buying and Selling at Keysight Technologies
In related news, Director Ronald S. Nersesian sold 30,000 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $285.96, for a total value of $8,578,800.00. Following the completion of the transaction, the director owned 163,377 shares in the company, valued at approximately $46,719,286.92. The trade was a 15.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Jeffrey K. Li sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $297.19, for a total transaction of $594,380.00. Following the sale, the senior vice president directly owned 34,499 shares in the company, valued at approximately $10,252,757.81. The trade was a 5.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 40,334 shares of company stock valued at $11,533,230. Corporate insiders own 0.40% of the company’s stock.
Hedge Funds Weigh In On Keysight Technologies
Institutional investors have recently modified their holdings of the business. AQR Capital Management LLC grew its holdings in Keysight Technologies by 92.6% during the 1st quarter. AQR Capital Management LLC now owns 27,216 shares of the scientific and technical instruments company’s stock worth $3,965,000 after acquiring an additional 13,085 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of Keysight Technologies by 5.0% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company’s stock valued at $387,000 after purchasing an additional 122 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Keysight Technologies by 30.0% during the 1st quarter. Empowered Funds LLC now owns 10,652 shares of the scientific and technical instruments company’s stock worth $1,595,000 after purchasing an additional 2,461 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Keysight Technologies by 66.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock worth $59,000 after purchasing an additional 157 shares during the last quarter. Finally, Sivia Capital Partners LLC acquired a new position in shares of Keysight Technologies during the second quarter worth $254,000. Institutional investors and hedge funds own 84.58% of the company’s stock.
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.
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