MD Sass Investors Services Inc. bought a new position in Keysight Technologies Inc. (NYSE:KEYS) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 296,195 shares of the scientific and technical instruments company’s stock, valued at approximately $11,534,000. MD Sass Investors Services Inc. owned approximately 0.16% of Keysight Technologies at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of KEYS. OLD Mutual Customised Solutions Proprietary Ltd. grew its stake in Keysight Technologies by 171.4% in the 1st quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 3,800 shares of the scientific and technical instruments company’s stock worth $137,000 after acquiring an additional 2,400 shares in the last quarter. Creative Planning boosted its stake in shares of Keysight Technologies by 1.2% during the second quarter. Creative Planning now owns 5,450 shares of the scientific and technical instruments company’s stock valued at $212,000 after purchasing an additional 63 shares in the last quarter. Starfire Investment Advisers Inc. bought a new position in shares of Keysight Technologies during the second quarter valued at approximately $214,000. Cadence Capital Management LLC boosted its stake in shares of Keysight Technologies by 2.6% during the first quarter. Cadence Capital Management LLC now owns 6,101 shares of the scientific and technical instruments company’s stock valued at $220,000 after purchasing an additional 157 shares in the last quarter. Finally, New England Research & Management Inc. bought a new position in shares of Keysight Technologies during the second quarter valued at approximately $222,000. Institutional investors and hedge funds own 88.07% of the company’s stock.

In other Keysight Technologies news, insider Ronald S. Nersesian sold 330,451 shares of the business’s stock in a transaction that occurred on Friday, June 23rd. The shares were sold at an average price of $38.29, for a total transaction of $12,652,968.79. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP John C. Skinner sold 15,058 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $40.79, for a total transaction of $614,215.82. The disclosure for this sale can be found here. Insiders have sold a total of 425,835 shares of company stock valued at $16,381,392 in the last quarter. 1.23% of the stock is currently owned by company insiders.

KEYS has been the topic of a number of recent research reports. Robert W. Baird reiterated a “buy” rating and set a $48.00 price objective on shares of Keysight Technologies in a research note on Friday, September 1st. Barclays PLC initiated coverage on shares of Keysight Technologies in a research note on Monday, August 7th. They set an “overweight” rating and a $50.00 price objective on the stock. BidaskClub downgraded shares of Keysight Technologies from a “hold” rating to a “sell” rating in a research note on Tuesday. ValuEngine downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Zacks Investment Research downgraded shares of Keysight Technologies from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 21st. One analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company’s stock. Keysight Technologies presently has a consensus rating of “Buy” and a consensus target price of $46.60.

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Keysight Technologies Inc. (NYSE KEYS) traded up 0.81% during midday trading on Friday, reaching $41.28. 259,464 shares of the company were exchanged. The firm has a 50-day moving average price of $40.92 and a 200-day moving average price of $38.94. The company has a market capitalization of $7.68 billion, a PE ratio of 31.49 and a beta of 1.15. Keysight Technologies Inc. has a 52 week low of $29.25 and a 52 week high of $43.15.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Wednesday, August 30th. The scientific and technical instruments company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.54 by $0.07. Keysight Technologies had a net margin of 7.58% and a return on equity of 20.85%. The company had revenue of $832.00 million during the quarter, compared to analysts’ expectations of $862.38 million. During the same quarter in the previous year, the business posted $0.63 EPS. The firm’s revenue was up 16.4% on a year-over-year basis. Equities research analysts anticipate that Keysight Technologies Inc. will post $2.47 earnings per share for the current fiscal year.

Keysight Technologies Profile

Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.

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

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