Keysight Technologies (NYSE:KEYS) Sets New 52-Week High – Here’s What Happened

Keysight Technologies Inc. (NYSE:KEYS) shares hit a new 52-week high during trading on Monday . The stock traded as high as $186.90 and last traded at $186.2750, with a volume of 855675 shares trading hands. The stock had previously closed at $182.96.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Bank of America boosted their price objective on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a research report on Wednesday, August 20th. Wall Street Zen downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday. Jefferies Financial Group assumed coverage on shares of Keysight Technologies in a report on Monday, October 27th. They set a “hold” rating and a $180.00 price target for the company. JPMorgan Chase & Co. upped their price target on shares of Keysight Technologies from $177.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Keysight Technologies in a report on Wednesday, October 8th. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Keysight Technologies presently has an average rating of “Moderate Buy” and an average price target of $186.56.

Keysight Technologies Price Performance

The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94. The firm has a market capitalization of $32.00 billion, a price-to-earnings ratio of 59.31, a PEG ratio of 2.38 and a beta of 1.18. The business’s fifty day simple moving average is $169.77 and its 200 day simple moving average is $162.91.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.05. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the prior year, the company earned $1.57 earnings per share. The company’s quarterly revenue was up 11.1% on a year-over-year basis. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. On average, research analysts forecast that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Insider Activity

In other news, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total transaction of $347,960.00. Following the completion of the transaction, the senior vice president directly owned 106,590 shares in the company, valued at $18,544,528.20. This trade represents a 1.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.61% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Keysight Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in the business. True Wealth Design LLC lifted its holdings in shares of Keysight Technologies by 358.3% in the second quarter. True Wealth Design LLC now owns 165 shares of the scientific and technical instruments company’s stock valued at $27,000 after purchasing an additional 129 shares in the last quarter. NewSquare Capital LLC raised its position in Keysight Technologies by 155.2% in the 2nd quarter. NewSquare Capital LLC now owns 171 shares of the scientific and technical instruments company’s stock valued at $28,000 after buying an additional 104 shares during the last quarter. Accent Capital Management LLC purchased a new stake in Keysight Technologies in the 1st quarter valued at $28,000. Atlantic Union Bankshares Corp purchased a new stake in Keysight Technologies in the 2nd quarter valued at $34,000. Finally, Manchester Capital Management LLC raised its position in Keysight Technologies by 85.0% in the 1st quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company’s stock valued at $35,000 after buying an additional 108 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

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.