Connor Clark & Lunn Investment Management Ltd. increased its holdings in Keysight Technologies Inc. (NYSE:KEYS) by 46.9%, now owning 64,590 shares valued at $9.67 million. The firm purchased an additional 20,631 shares during the first quarter. Several other hedge funds also modified their holdings: Central Pacific Bank Trust Division boosted its stake by 97.8%, now owning 182 shares worth $27,000; Accent Capital Management LLC bought a new stake worth $28,000; Manchester Capital Management LLC increased its position by 85.0%, now owning 235 shares worth $35,000; Zions Bancorporation National Association UT bought a new stake worth $36,000; and Private Trust Co. NA increased its stake by 39.9%, now owning 263 shares worth $39,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.\n\nIn related insider activity, SVP Ingrid A. Estrada sold 10,000 shares at an average price of $158.97, totaling $1,589,700, reducing her ownership by 8.43%. Following the sale, she directly owned 108,590 shares valued at approximately $17,262,552.30. CEO also sold 658 shares at an average price of $157.78, valued at $103,819.24, resulting in a 0.57% decrease in ownership. Insiders collectively sold 31,830 shares valued at $5,124,049 in the last quarter, with corporate insiders owning 0.61% of the company's stock.\n\nKeysight Technologies reported $1.70 earnings per share (EPS) for the quarter, exceeding the consensus estimate of $1.65 by $0.05. The company achieved a return on equity of 19.65% and a net margin of 14.50%, with revenue of $1.32 billion, up 7.4% year-over-year. The business has a 1-year low of $121.43 and a 1-year high of $186.20. It has a current ratio of 3.39, a quick ratio of 2.75, and a debt-to-equity ratio of 0.46. The firm has a market cap of $27.82 billion, a price-to-earnings ratio of 37.94, a P/E/G ratio of 2.33, and a beta of 1.11.\n\nAnalysts are optimistic, with JPMorgan raising its price target from $177 to $200 and giving the stock an 'overweight' rating. Morgan Stanley increased its target from $156 to $180, also with an 'overweight' rating. Bank of America upgraded the stock from 'underperform' to 'neutral' and raised the target from $170 to $175. The consensus rating among analysts is 'Moderate Buy' with a consensus target price of $187.50.\n\nKeysight Technologies provides electronic design and test solutions to industries including communications, networking, aerospace, defense, automotive, energy, semiconductor, electronics, and education. The company operates in two segments: Communications Solutions Group and Electronic Industrial Solutions Group.

Keysight Technologies Inc. (NYSE:KEYS) Shares Bought by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. increased its stake in Keysight Technologies Inc. by 46.9%, now owning 64,590 shares valued at $9.67 million, after purchasing an additional 20,631 shares in the first quarter. Other hedge funds also adjusted their positions, with Central Pacific Bank Trust Division increasing its holdings by 97.8%, Accent Capital Management LLC buying a new stake, and several others increasing or acquiring shares. SVP Ingrid A. Estrada sold 10,000 shares at $158.97, reducing her ownership by 8.43%, while the CEO sold 658 shares at $157.78. Insiders collectively sold 31,830 shares worth $5.12 million. Keysight reported strong quarterly results with $1.70 EPS, up from the $1.65 consensus, a 7.4% year-over-year revenue increase to $1.32 billion, and a 19.65% return on equity. The company has a market cap of $27.82 billion and a P/E ratio of 37.94. Analysts are optimistic, with JPMorgan, Morgan Stanley, and Bank of America raising price targets and upgrading ratings, with a consensus target of $187.50. Keysight serves industries such as communications, networking, aerospace, defense, automotive, energy, semiconductor, electronics, and education, operating in two segments.