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

Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Keysight Technologies Inc. (NYSE:KEYS) during the 2nd quarter, HoldingsChannel reports. The fund bought 61,851 shares of the scientific and technical instruments company’s stock, valued at approximately $21,652,000.

A number of other large investors have also made changes to their positions in KEYS. AQR Capital Management LLC grew its holdings in Keysight Technologies by 92.6% in the 1st quarter. AQR Capital Management LLC now owns 27,216 shares of the scientific and technical instruments company’s stock valued at $3,965,000 after buying an additional 13,085 shares in the last quarter. Integrated Wealth Concepts LLC boosted its position in shares of Keysight Technologies by 5.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company’s stock valued at $387,000 after acquiring an additional 122 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Keysight Technologies by 30.0% in the first quarter. Empowered Funds LLC now owns 10,652 shares of the scientific and technical instruments company’s stock valued at $1,595,000 after purchasing an additional 2,461 shares during the period. Geneos Wealth Management Inc. increased its position in Keysight Technologies by 66.5% during the first quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock worth $59,000 after purchasing an additional 157 shares during the last quarter. Finally, Sivia Capital Partners LLC purchased a new position in Keysight Technologies during the second quarter worth about $254,000. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Keysight Technologies

In related news, Director James Cullen sold 3,000 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total transaction of $1,039,740.00. Following the transaction, the director owned 21,821 shares of the company’s stock, valued at approximately $7,562,722.18. This represents a 12.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $314.66, for a total value of $629,320.00. Following the transaction, the senior vice president owned 103,861 shares of the company’s stock, valued at $32,680,902.26. This trade represents a 1.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 10,507 shares of company stock worth $3,491,649 over the last quarter. 0.40% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on KEYS shares. Morgan Stanley increased their price target on shares of Keysight Technologies from $400.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, August 19th. UBS Group upped their price objective on Keysight Technologies from $420.00 to $440.00 and gave the company a “buy” rating in a report on Wednesday, August 19th. Weiss Ratings raised Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 20th. Robert W. Baird upped their price target on Keysight Technologies from $385.00 to $410.00 and gave the company an “outperform” rating in a research note on Wednesday, August 19th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $392.83.

Keysight Technologies Stock Up 3.2%

Keysight Technologies stock opened at $320.54 on Wednesday. Keysight Technologies Inc. has a fifty-two week low of $158.79 and a fifty-two week high of $374.96. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.62 and a current ratio of 2.02. The firm has a 50 day moving average price of $331.33 and a 200 day moving average price of $317.27. The company 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.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, topping analysts’ consensus estimates of $2.48 by $0.59. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%.The company had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.75 billion. During the same period in the prior year, the firm earned $1.72 earnings per share. The firm’s revenue 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. Research analysts expect that Keysight Technologies Inc. will post 9.03 earnings per share for the current year.

Keysight Technologies 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.