Truist Financial Initiates Coverage on Keysight Technologies (NYSE:KEYS)

Analysts at Truist Financial initiated coverage on shares of Keysight Technologies (NYSE:KEYS) in a research note issued on Tuesday, Marketbeat Ratings reports. The firm set a “hold” rating and a $310.00 price target on the scientific and technical instruments company’s stock. Truist Financial’s price target indicates a potential upside of 6.82% from the stock’s current price.

A number of other brokerages have also recently commented on KEYS. Barclays raised their target price on Keysight Technologies from $232.00 to $320.00 and gave the company an “overweight” rating in a report on Tuesday, February 24th. Robert W. Baird increased their price target on shares of Keysight Technologies from $295.00 to $310.00 and gave the stock an “outperform” rating in a research report on Monday. Wall Street Zen raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. JPMorgan Chase & Co. lifted their price objective 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. Finally, Bank of America raised shares of Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 target price on the stock in a research note on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Keysight Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $304.17.

Keysight Technologies Stock Up 2.8%

NYSE:KEYS opened at $290.22 on Tuesday. The company has a quick ratio of 2.02, a current ratio of 2.60 and a debt-to-equity ratio of 0.41. The stock’s fifty day moving average is $261.24 and its two-hundred day moving average is $213.95. Keysight Technologies has a 52 week low of $121.43 and a 52 week high of $317.00. The stock has a market capitalization of $49.77 billion, a price-to-earnings ratio of 52.29, a price-to-earnings-growth ratio of 2.13 and a beta of 1.15.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share for the quarter, beating 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% on a year-over-year basis. During the same period in the previous year, the firm posted $1.82 earnings per share. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. Research analysts anticipate that Keysight Technologies will post 6.32 EPS for the current year.

Insiders Place Their Bets

In related news, CEO Satish Dhanasekaran sold 1,667 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $300.00, for a total transaction of $500,100.00. Following the sale, the chief executive officer directly owned 122,398 shares in the company, valued at approximately $36,719,400. This represents a 1.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Jeffrey K. Li sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $297.19, for a total transaction of $594,380.00. Following the completion of the sale, the senior vice president directly owned 34,499 shares in the company, valued at approximately $10,252,757.81. This trade represents a 5.48% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 40,334 shares of company stock worth $11,533,230. Corporate insiders own 0.40% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Haven Private LLC raised its holdings in shares of Keysight Technologies by 1.3% in the 4th quarter. Haven Private LLC now owns 4,063 shares of the scientific and technical instruments company’s stock valued at $826,000 after purchasing an additional 52 shares in the last quarter. UMB Bank n.a. increased its holdings in Keysight Technologies by 4.3% in the fourth quarter. UMB Bank n.a. now owns 1,324 shares of the scientific and technical instruments company’s stock valued at $269,000 after buying an additional 54 shares during the last quarter. Zions Bancorporation National Association UT increased its holdings in Keysight Technologies by 12.9% in the fourth quarter. Zions Bancorporation National Association UT now owns 515 shares of the scientific and technical instruments company’s stock valued at $105,000 after buying an additional 59 shares during the last quarter. Park Avenue Securities LLC raised its stake in Keysight Technologies by 1.0% in the fourth quarter. Park Avenue Securities LLC now owns 6,332 shares of the scientific and technical instruments company’s stock valued at $1,287,000 after buying an additional 60 shares in the last quarter. Finally, Sumitomo Life Insurance Co. raised its stake in Keysight Technologies by 0.7% in the fourth quarter. Sumitomo Life Insurance Co. now owns 9,483 shares of the scientific and technical instruments company’s stock valued at $1,927,000 after buying an additional 62 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Company Profile

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.