Keysight Technologies Inc. (NYSE:KEYS – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $212.93 and last traded at $210.3850, with a volume of 65086 shares trading hands. The stock had previously closed at $210.49.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the company. Susquehanna lifted their target price on Keysight Technologies from $215.00 to $225.00 and gave the stock a “positive” rating in a report on Tuesday, November 25th. Wall Street Zen raised shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research note on Friday, November 28th. The Goldman Sachs Group reiterated a “buy” rating and set a $232.00 price objective on shares of Keysight Technologies in a research report on Tuesday, November 25th. Wells Fargo & Company increased their target price on shares of Keysight Technologies from $190.00 to $225.00 and gave the company an “overweight” rating in a research note on Tuesday, November 25th. Finally, Barclays lifted their price target on shares of Keysight Technologies from $195.00 to $232.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $214.82.
Get Our Latest Stock Report on Keysight Technologies
Keysight Technologies Stock Down 0.6%
Keysight Technologies (NYSE:KEYS – Get Free Report) last issued its earnings results on Monday, November 24th. The scientific and technical instruments company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.08. The business had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.39 billion. Keysight Technologies had a net margin of 15.71% and a return on equity of 19.30%. The company’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.65 EPS. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. As a group, analysts predict that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.
Keysight Technologies declared that its Board of Directors has initiated a stock repurchase program on Monday, November 24th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the scientific and technical instruments company to buy up to 4.9% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its shares are undervalued.
Insider Activity at Keysight Technologies
In other news, SVP Ingrid A. Estrada sold 4,827 shares of the firm’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $196.42, for a total transaction of $948,119.34. Following the transaction, the senior vice president owned 110,079 shares in the company, valued at approximately $21,621,717.18. This trade represents a 4.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Jeffrey K. Li sold 3,934 shares of Keysight Technologies stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $200.84, for a total value of $790,104.56. Following the completion of the sale, the senior vice president owned 36,699 shares of the company’s stock, valued at $7,370,627.16. The trade was a 9.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 59,807 shares of company stock worth $11,730,353 over the last three months. Corporate insiders own 0.61% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the business. True Wealth Design LLC lifted its position in shares of Keysight Technologies by 358.3% in the 2nd quarter. True Wealth Design LLC now owns 165 shares of the scientific and technical instruments company’s stock worth $27,000 after purchasing an additional 129 shares during the period. NewSquare Capital LLC boosted its position in Keysight Technologies by 155.2% during the 2nd quarter. NewSquare Capital LLC now owns 171 shares of the scientific and technical instruments company’s stock valued at $28,000 after acquiring an additional 104 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in Keysight Technologies during the 2nd quarter valued at $34,000. Optiver Holding B.V. purchased a new position in shares of Keysight Technologies in the 3rd quarter valued at $35,000. Finally, Zions Bancorporation National Association UT bought a new position in shares of Keysight Technologies in the 1st quarter worth $36,000. Hedge funds and other institutional investors 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.
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