Pitcairn Co. reduced its stake in shares of Keysight Technologies Inc. (NYSE:KEYS) by 0.2% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 5,942 shares of the scientific and technical instruments company’s stock after selling 11 shares during the period. Pitcairn Co.’s holdings in Keysight Technologies were worth $231,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. OLD Mutual Customised Solutions Proprietary Ltd. boosted its stake in shares of Keysight Technologies by 171.4% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 3,800 shares of the scientific and technical instruments company’s stock valued at $137,000 after buying an additional 2,400 shares in the last quarter. San Francisco Sentry Investment Group CA boosted its stake in shares of Keysight Technologies by 1.7% in the first quarter. San Francisco Sentry Investment Group CA now owns 5,869 shares of the scientific and technical instruments company’s stock valued at $212,000 after buying an additional 100 shares in the last quarter. Creative Planning boosted its stake in shares of 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 in the last quarter. Starfire Investment Advisers Inc. acquired a new stake in shares of Keysight Technologies during the second quarter valued at approximately $214,000. Finally, Cadence Capital Management LLC boosted its stake in shares of Keysight Technologies by 2.6% in 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 buying an additional 157 shares in the last quarter. Hedge funds and other institutional investors own 85.57% of the company’s stock.

Keysight Technologies Inc. (NYSE KEYS) opened at 40.83 on Friday. The company has a market cap of $7.57 billion, a price-to-earnings ratio of 20.75 and a beta of 1.15. The company’s 50-day moving average is $41.30 and its 200 day moving average is $38.56. Keysight Technologies Inc. has a 1-year low of $29.17 and a 1-year high of $43.15.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Tuesday, June 6th. The scientific and technical instruments company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.12. The business had revenue of $758 million during the quarter, compared to the consensus estimate of $748.59 million. Keysight Technologies had a net margin of 11.61% and a return on equity of 22.62%. The company’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.61 EPS. On average, equities analysts predict that Keysight Technologies Inc. will post $2.48 EPS for the current fiscal year.

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Several equities research analysts have recently commented on KEYS shares. Bank of America Corporation set a $53.00 price target on shares of Keysight Technologies and gave the stock a “buy” rating in a research report on Thursday, June 8th. Deutsche Bank AG set a $46.00 price target on shares of Keysight Technologies and gave the stock a “buy” rating in a research report on Wednesday, June 7th. Citigroup Inc. lifted their price target 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. ValuEngine upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $50.00 price target on shares of Keysight Technologies in a research report on Thursday, June 1st. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $45.90.

In other news, SVP Ingrid A. Estrada sold 18,130 shares of the firm’s stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $37.26, for a total transaction of $675,523.80. Following the completion of the sale, the senior vice president now owns 61,140 shares of the company’s stock, valued at approximately $2,278,076.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Michael Gasparian sold 2,677 shares of the firm’s stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $41.66, for a total transaction of $111,523.82. Following the sale, the senior vice president now directly owns 65,926 shares of the company’s stock, valued at approximately $2,746,477.16. The disclosure for this sale can be found here. Insiders have sold a total of 461,554 shares of company stock valued at $17,749,840 in the last three months. Insiders own 1.23% of the company’s stock.

Keysight Technologies Company 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.

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

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