Keysight Technologies (NYSE:KEYS) Downgraded by Zacks Research to “Hold”

Keysight Technologies (NYSE:KEYS) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday, Zacks reports.

Several other analysts also recently weighed in on KEYS. Wells Fargo & Company lifted their price objective on shares of Keysight Technologies from $390.00 to $405.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. Morgan Stanley upped their target price on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 19th. UBS Group upped their target price on shares of Keysight Technologies from $420.00 to $440.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. The Goldman Sachs Group lifted their price target on Keysight Technologies from $452.00 to $487.00 and gave the company a “buy” rating in a report on Tuesday, October 6th. Finally, Citigroup reiterated a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, August 19th. Eleven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $401.42.

Keysight Technologies Price Performance

Shares of NYSE KEYS opened at $334.32 on Monday. Keysight Technologies has a 1-year low of $163.32 and a 1-year high of $389.93. 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 business’s fifty day moving average price is $343.44 and its two-hundred day moving average price is $338.06. The firm has a market capitalization of $56.92 billion, a PE ratio of 45.92, a P/E/G ratio of 1.06 and a beta of 1.17.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.48 by $0.59. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter in the previous year, the company posted $1.72 earnings per share. The company’s revenue for the quarter was up 36.5% compared to the same quarter last year. 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 EPS for the current year.

Insiders Place Their Bets

In related news, CFO Neil Dougherty sold 2,000 shares of the stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $340.79, for a total value of $681,580.00. Following the completion of the transaction, the chief financial officer owned 123,390 shares in the company, valued at $42,050,078.10. This represents a 1.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Satish Dhanasekaran sold 3,000 shares of the stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $364.13, for a total transaction of $1,092,390.00. Following the completion of the transaction, the chief executive officer owned 118,391 shares of the company’s stock, valued at $43,109,714.83. This represents a 2.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 12,200 shares of company stock valued at $4,082,752. Corporate insiders own 0.40% of the company’s stock.

Institutional Trading of Keysight Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in KEYS. BlackRock Inc. acquired a new position in shares of Keysight Technologies during the second quarter valued at approximately $7,030,806,000. State Street Corp lifted its position in Keysight Technologies by 3.4% in the second quarter. State Street Corp now owns 8,270,708 shares of the scientific and technical instruments company’s stock worth $2,895,327,000 after purchasing an additional 273,042 shares during the period. Amundi lifted its position in Keysight Technologies by 12.1% in the first quarter. Amundi now owns 2,224,264 shares of the scientific and technical instruments company’s stock worth $628,065,000 after purchasing an additional 240,167 shares during the period. Allspring Global Investments Holdings LLC lifted its position in Keysight Technologies by 4.7% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,005,409 shares of the scientific and technical instruments company’s stock worth $581,248,000 after purchasing an additional 90,263 shares during the period. Finally, Legal & General Group Plc bought a new position in Keysight Technologies during the 2nd quarter valued at $464,017,000. 84.58% of the stock is currently owned by institutional investors.

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.