Go Pro

Connor Clark & Lunn Investment Management Ltd. Makes New $21.65 Million Investment in Keysight Technologies Inc. $KEYS

Keysight Technologies logo with Technology background
Image from MarketBeat Media, LLC.

Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 61,851 shares of the scientific and technical instruments company's stock, valued at approximately $21,652,000.

Several other large investors have also recently made changes to their positions in the stock. Annis Gardner Whiting Capital Advisors LLC grew its stake in Keysight Technologies by 15.0% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 222 shares of the scientific and technical instruments company's stock worth $63,000 after buying an additional 29 shares during the last quarter. Kera Capital Partners Inc. boosted its holdings in Keysight Technologies by 0.9% in the first quarter. Kera Capital Partners Inc. now owns 3,276 shares of the scientific and technical instruments company's stock worth $925,000 after acquiring an additional 30 shares in the last quarter. Cornerstone Planning Group LLC boosted its holdings in Keysight Technologies by 36.1% in the first quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company's stock worth $32,000 after acquiring an additional 30 shares in the last quarter. KCM Investment Advisors LLC grew its stake in shares of Keysight Technologies by 1.3% during the first quarter. KCM Investment Advisors LLC now owns 2,333 shares of the scientific and technical instruments company's stock worth $659,000 after acquiring an additional 30 shares during the last quarter. Finally, WPG Advisers LLC grew its position in Keysight Technologies by 16.5% during the 1st quarter. WPG Advisers LLC now owns 219 shares of the scientific and technical instruments company's stock worth $62,000 after purchasing an additional 31 shares during the last quarter. 84.58% of the stock is owned by institutional investors.

Keysight Technologies Stock Up 3.2%

Keysight Technologies stock opened at $320.54 on Wednesday. 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 $54.78 billion, a PE ratio of 44.03, a price-to-earnings-growth ratio of 1.77 and a beta of 1.22. The business has a 50 day simple moving average of $331.33 and a 200-day simple moving average of $317.27. Keysight Technologies Inc. has a 12 month low of $158.79 and a 12 month high of $374.96.

Keysight Technologies (NYSE:KEYS - Get Free Report) last released 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 analysts' consensus estimates of $2.48 by $0.59. The firm had revenue of $1.85 billion for the quarter, compared to analysts' expectations of $1.75 billion. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The firm's revenue for the quarter was up 36.5% compared to the same quarter last year. During the same quarter last year, the company earned $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, analysts anticipate that Keysight Technologies Inc. will post 9.03 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Weiss Ratings raised shares of Keysight Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, August 20th. The Goldman Sachs Group reissued a "buy" rating on shares of Keysight Technologies in a research report on Wednesday, May 20th. Zacks Research upgraded Keysight Technologies from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 29th. Citigroup reaffirmed a "buy" rating on shares of Keysight Technologies in a research report on Wednesday, August 19th. Finally, Wells Fargo & Company increased their price objective on Keysight Technologies from $390.00 to $405.00 and gave the company an "overweight" rating in a report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, Keysight Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $392.83.

Read Our Latest Report on KEYS

Insider Activity at Keysight Technologies

In related news, CEO Satish Dhanasekaran sold 507 shares of the firm's stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $361.32, for a total value of $183,189.24. Following the transaction, the chief executive officer directly owned 121,391 shares of the company's stock, valued at approximately $43,860,996.12. This trade represents a 0.42% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Cullen sold 3,000 shares of the business's stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total value of $1,039,740.00. Following the sale, the director owned 21,821 shares of the company's stock, valued at approximately $7,562,722.18. This trade represents a 12.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 10,507 shares of company stock worth $3,491,649 in the last quarter. Company insiders own 0.40% of the company's stock.

Keysight Technologies Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Should You Invest $1,000 in Keysight Technologies Right Now?

Before you consider Keysight Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Keysight Technologies wasn't on the list.

While Keysight Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines