Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Compagnie Lombard Odier SCmA

Compagnie Lombard Odier SCmA lowered its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 1.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,379 shares of the scientific and technical instruments company’s stock after selling 1,050 shares during the quarter. Compagnie Lombard Odier SCmA’s holdings in Keysight Technologies were worth $9,792,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Ferguson Wellman Capital Management Inc. boosted its stake in Keysight Technologies by 3.3% during the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 10,024 shares of the scientific and technical instruments company’s stock worth $1,501,000 after purchasing an additional 319 shares during the last quarter. Fifth Third Bancorp lifted its stake in shares of Keysight Technologies by 1.1% in the first quarter. Fifth Third Bancorp now owns 16,279 shares of the scientific and technical instruments company’s stock worth $2,438,000 after buying an additional 178 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in Keysight Technologies by 365.3% during the first quarter. Assenagon Asset Management S.A. now owns 101,362 shares of the scientific and technical instruments company’s stock worth $15,181,000 after acquiring an additional 79,578 shares during the last quarter. Integrated Advisors Network LLC grew its stake in Keysight Technologies by 4.8% during the 1st quarter. Integrated Advisors Network LLC now owns 1,847 shares of the scientific and technical instruments company’s stock valued at $277,000 after acquiring an additional 85 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in Keysight Technologies by 142.8% in the 1st quarter. GAMMA Investing LLC now owns 5,012 shares of the scientific and technical instruments company’s stock valued at $751,000 after acquiring an additional 2,948 shares during the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Satish Dhanasekaran sold 658 shares of the company’s stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $157.78, for a total transaction of $103,819.24. Following the sale, the chief executive officer now directly owns 115,576 shares in the company, valued at approximately $18,235,581.28. This represents a 0.57% 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 John Page sold 7,368 shares of the firm’s stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $157.78, for a total transaction of $1,162,523.04. Following the completion of the sale, the senior vice president now directly owns 36,986 shares in the company, valued at approximately $5,835,651.08. This trade represents a 16.61% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,247 shares of company stock worth $2,086,720. Corporate insiders own 0.61% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Wall Street Zen lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. Morgan Stanley boosted their price objective on Keysight Technologies from $156.00 to $180.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 13th. Wells Fargo & Company raised their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. JPMorgan Chase & Co. lifted their price target on Keysight Technologies from $172.00 to $177.00 and gave the stock an “overweight” rating in a report on Wednesday, May 21st. Finally, Robert W. Baird upped their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to data from MarketBeat, Keysight Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $183.00.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock opened at $162.54 on Thursday. The stock has a market capitalization of $27.97 billion, a price-to-earnings ratio of 46.44, a price-to-earnings-growth ratio of 2.41 and a beta of 1.09. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The business has a 50-day moving average of $150.09 and a 200 day moving average of $159.75. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 earnings per share for the quarter, beating analysts’ consensus estimates of $1.65 by $0.05. Keysight Technologies had a net margin of 12.32% and a return on equity of 19.22%. The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same quarter in the previous year, the business posted $1.41 earnings per share. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Keysight Technologies, Inc. will post 6.32 earnings per share for the current year.

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.