Axa lifted its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS) by 38.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 22,796 shares of the scientific and technical instruments company’s stock after purchasing an additional 6,312 shares during the period. Axa’s holdings in Keysight Technologies were worth $887,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the company. Creative Planning lifted its holdings in Keysight Technologies by 1.2% in the second quarter. Creative Planning now owns 5,450 shares of the scientific and technical instruments company’s stock valued at $212,000 after buying an additional 63 shares during the period. Cadence Capital Management LLC increased its stake in Keysight Technologies by 1.1% in the second quarter. Cadence Capital Management LLC now owns 6,167 shares of the scientific and technical instruments company’s stock valued at $240,000 after purchasing an additional 66 shares in the last quarter. Utah Retirement Systems increased its stake in Keysight Technologies by 0.3% in the first quarter. Utah Retirement Systems now owns 31,269 shares of the scientific and technical instruments company’s stock valued at $1,131,000 after purchasing an additional 100 shares in the last quarter. Bank of Montreal Can increased its stake in Keysight Technologies by 2.5% in the second quarter. Bank of Montreal Can now owns 8,977 shares of the scientific and technical instruments company’s stock valued at $349,000 after purchasing an additional 217 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Keysight Technologies by 0.9% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 26,956 shares of the scientific and technical instruments company’s stock valued at $1,049,000 after purchasing an additional 228 shares in the last quarter. Institutional investors own 88.06% of the company’s stock.

KEYS has been the subject of several recent research reports. ValuEngine raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Citigroup Inc. upped their price objective on shares of Keysight Technologies from $44.00 to $49.00 and gave the stock a “buy” rating in a research report on Wednesday, June 7th. Robert W. Baird reiterated a “buy” rating and issued a $47.00 target price on shares of Keysight Technologies in a research note on Friday, August 25th. Credit Suisse Group boosted their target price on shares of Keysight Technologies from $45.50 to $49.00 and gave the company an “outperform” rating in a research note on Thursday, August 31st. Finally, Bank of America Corporation reiterated a “buy” rating and issued a $47.00 target price on shares of Keysight Technologies in a research note on Friday, June 2nd. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $46.60.

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In other news, SVP Michael Gasparian sold 2,677 shares of the firm’s stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of $41.66, for a total transaction of $111,523.82. Following the sale, the senior vice president now owns 65,926 shares of the company’s stock, valued at approximately $2,746,477.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Soon Chai Gooi sold 65,986 shares of the firm’s stock in a transaction that occurred on Wednesday, June 28th. The stock was sold at an average price of $38.70, for a total transaction of $2,553,658.20. The disclosure for this sale can be found here. In the last quarter, insiders sold 83,721 shares of company stock worth $3,279,398. 1.23% of the stock is owned by corporate insiders.

Shares of Keysight Technologies Inc. (KEYS) opened at 40.50 on Friday. The firm’s 50-day moving average is $40.88 and its 200-day moving average is $39.03. Keysight Technologies Inc. has a 1-year low of $30.65 and a 1-year high of $43.15. The company has a market capitalization of $7.53 billion, a price-to-earnings ratio of 30.89 and a beta of 1.15.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Wednesday, August 30th. The scientific and technical instruments company reported $0.61 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ 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 firm had revenue of $832.00 million for the quarter, compared to the consensus estimate of $862.38 million. During the same quarter in the prior year, the company posted $0.63 earnings per share. The company’s revenue for the quarter was up 16.4% compared to the same quarter last year. Analysts forecast that Keysight Technologies Inc. will post $2.47 earnings per share for the current fiscal year.

About Keysight Technologies

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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