Keysight Technologies (NYSE:KEYS) Rating Lowered to Hold at Zacks Research

Key Points

• Zacks Research downgraded Keysight Technologies from “strong buy” to “hold,” although the broader analyst consensus remains “Moderate Buy,” with 11 buy ratings and an average price target of $401.42.
• Keysight reported stronger-than-expected quarterly results, posting $3.07 in EPS versus the $2.48 estimate and $1.85 billion in revenue, up 36.5% year over year.
• The stock opened at $334.32, down 0.5%, while insiders sold 12,200 shares worth about $4.1 million over the past 90 days; institutional investors own 84.58% of the company.

Keysight Technologies (NYSE:KEYS - Get Free Report) was downgraded by equities research analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a research note issued to investors on Monday, Zacks reports.

Other equities analysts have also issued research reports about the stock. Weiss Ratings raised shares of Keysight Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, August 20th. Barclays increased their price target on shares of Keysight Technologies from $387.00 to $429.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 19th. Morgan Stanley lifted their price target on shares of Keysight Technologies from $400.00 to $425.00 and gave the company an "overweight" rating in a report on Wednesday, August 19th. JPMorgan Chase & Co. lifted their price target on shares of Keysight Technologies from $400.00 to $425.00 and gave the company an "overweight" rating in a report on Wednesday, August 19th. Finally, Robert W. Baird boosted their price objective on shares of Keysight Technologies from $385.00 to $410.00 and gave the company an "outperform" rating in a research note on Wednesday, August 19th. Eleven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $401.42.

Keysight Technologies Stock Down 0.5%

KEYS opened at $334.32 on Monday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.02 and a quick ratio of 1.62. The stock has a market capitalization of $56.92 billion, a price-to-earnings ratio of 45.92, a price-to-earnings-growth ratio of 1.06 and a beta of 1.17. The business has a 50-day moving average of $343.44 and a two-hundred day moving average of $338.06. Keysight Technologies has a 12 month low of $163.32 and a 12 month high of $389.93.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, beating analysts' consensus estimates of $2.48 by $0.59. The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.75 billion. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The company's quarterly revenue was up 36.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.72 EPS. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. On average, research analysts expect that Keysight Technologies will post 10.33 earnings per share for the current year.

Insiders Place Their Bets

In other news, VP Lisa Poole sold 200 shares of the business's stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $348.01, for a total transaction of $69,602.00. Following the completion of the sale, the vice president owned 6,134 shares in the company, valued at approximately $2,134,693.34. The trade was a 3.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Satish Dhanasekaran sold 3,000 shares of the stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $364.13, for a total transaction of $1,092,390.00. Following the sale, the chief executive officer directly owned 118,391 shares of the company's stock, valued at approximately $43,109,714.83. This trade represents a 2.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 12,200 shares of company stock worth $4,082,752. 0.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of KEYS. Railway Pension Investments Ltd bought a new stake in shares of Keysight Technologies during the 2nd quarter valued at about $36,099,000. Allworth Financial LP bought a new position in Keysight Technologies in the second quarter worth about $2,316,000. Findlay Park Partners LLP bought a new position in Keysight Technologies in the second quarter worth about $157,137,000. Oppenheimer Asset Management Inc. bought a new position in Keysight Technologies in the second quarter worth about $11,917,000. Finally, Envestnet Asset Management Inc. boosted its stake in Keysight Technologies by 3.4% in the second quarter. Envestnet Asset Management Inc. now owns 382,082 shares of the scientific and technical instruments company's stock valued at $133,755,000 after acquiring an additional 12,508 shares during the period. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Company Profile

Keysight Technologies, Inc NYSE: KEYS provides electronic design and test solutions used to develop, validate, and optimize communications systems, electronic devices, and other technologies. Its customers include companies in the communications, aerospace and defense, automotive, semiconductor, electronics, energy, education, and government sectors.

The company's product portfolio includes electronic test and measurement instruments, software, network test and visibility solutions, radio-frequency and microwave systems, oscilloscopes, signal analyzers, wireless and wireline test platforms, and cybersecurity testing tools.

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