Adams Diversified Equity Fund Inc. Makes New Investment in Keysight Technologies Inc. $KEYS

Key Points

• Adams Diversified Equity Fund initiated a 44,000-share Keysight Technologies position worth approximately $16.0 million in the third quarter. Institutional investors collectively own 84.58% of the stock.
• Keysight reported strong quarterly results, with EPS of $3.07 beating estimates and revenue rising 36.5% year over year to $1.85 billion. The company also announced satellite-network testing and 1.6T data-center connectivity solutions.
• Shares opened at $311.24, down 8.8%, amid a Zacks downgrade to “hold” and recent insider selling. Analysts nonetheless maintain a “Moderate Buy” consensus, with an average price target of $401.42.

Adams Diversified Equity Fund Inc. bought a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 44,000 shares of the scientific and technical instruments company's stock, valued at approximately $16,018,000.

Other large investors have also recently bought and sold shares of the company. JSF Financial LLC bought a new position in shares of Keysight Technologies during the 3rd quarter worth about $1,636,000. Cardinal Capital Management raised its position in shares of Keysight Technologies by 3.2% during the third quarter. Cardinal Capital Management now owns 34,083 shares of the scientific and technical instruments company's stock valued at $12,408,000 after buying an additional 1,042 shares during the last quarter. Axxcess Wealth Management LLC raised its position in shares of Keysight Technologies by 40.9% during the third quarter. Axxcess Wealth Management LLC now owns 951 shares of the scientific and technical instruments company's stock valued at $346,000 after buying an additional 276 shares during the last quarter. Crossmark Global Holdings Inc. lifted its stake in shares of Keysight Technologies by 36.7% in the third quarter. Crossmark Global Holdings Inc. now owns 25,937 shares of the scientific and technical instruments company's stock valued at $9,442,000 after buying an additional 6,960 shares during the period. Finally, Nisa Investment Advisors LLC lifted its stake in shares of Keysight Technologies by 0.8% in the third quarter. Nisa Investment Advisors LLC now owns 41,034 shares of the scientific and technical instruments company's stock valued at $14,938,000 after buying an additional 338 shares during the period. 84.58% of the stock is currently owned by institutional investors and hedge funds.

More Keysight Technologies News

Here are the key news stories impacting Keysight Technologies this week:

• Positive Sentiment: Keysight won a contract from Korea Testing & Research Institute (KTL) to provide satellite-network testing solutions. The work supports validation of 5G New Radio non-terrestrial networks (NR-NTN), potentially strengthening Keysight’s position in the expanding satellite-connectivity testing market. Keysight wins KTL contract for satellite network test solutions
• Positive Sentiment: The KTL collaboration is intended to advance NR-NTN validation and satellite connectivity, providing a commercial reference for Keysight’s wireless testing portfolio. Keysight and KTL Advance NR-NTN Validation for Satellite Connectivity
• Positive Sentiment: Keysight launched a 16-channel interconnect testing system designed for data-center connectivity. The system supports 1.6T technologies, doubles testing capacity and can reduce test times to minutes, improving its appeal to high-speed computing and AI infrastructure customers. Can Keysight’s New Testing Solution Advance Data Center Connectivity?
• Neutral Sentiment: Analyst commentary highlighted Keysight as a long-term growth stock, supported by demand for testing equipment in data centers, communications and emerging technologies; however, the article is not a new earnings or guidance announcement. Why Keysight is a Top Growth Stock for the Long-Term
• Neutral Sentiment: A comparison with Nikon discussed valuation, profitability, risk, analyst views and ownership, but did not identify a material new development for Keysight. Reviewing Keysight Technologies and Nikon
• Negative Sentiment: Zacks Research downgraded Keysight from “strong buy” to “hold.” The change likely weighed on the stock by raising concerns about valuation or limited near-term upside, particularly with shares trading well above their longer-term moving averages. Zacks Research ratings
• Negative Sentiment: Reports noted a broad, heavy decline in Keysight’s stock during the session. The market reaction indicates that the downgrade and profit-taking overshadowed the positive satellite and data-center announcements in the short term. Keysight Technologies Drops in One Session

Keysight Technologies Trading Down 8.8%

Shares of KEYS opened at $311.24 on Friday. The company has a current ratio of 2.02, a quick ratio of 1.62 and a debt-to-equity ratio of 0.28. The stock has a market cap of $52.98 billion, a PE ratio of 42.75, a PEG ratio of 1.07 and a beta of 1.17. Keysight Technologies Inc. has a 1 year low of $164.53 and a 1 year high of $389.93. The stock has a 50 day simple moving average of $342.35 and a 200-day simple moving average of $338.55.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its quarterly earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, beating the consensus estimate of $2.48 by $0.59. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%. The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.75 billion. During the same quarter in the previous year, the firm earned $1.72 EPS. Keysight Technologies's quarterly revenue was up 36.5% on a year-over-year basis. 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. On average, sell-side analysts predict that Keysight Technologies Inc. will post 10.33 EPS for the current fiscal year.

Insider Transactions at Keysight Technologies

In other news, CEO Satish Dhanasekaran sold 3,000 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $364.13, for a total value of $1,092,390.00. Following the completion of the transaction, the chief executive officer owned 118,391 shares in the company, valued at approximately $43,109,714.83. The trade was a 2.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Ingrid A. Estrada sold 2,000 shares of the business's stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $326.10, for a total value of $652,200.00. Following the completion of the transaction, the senior vice president directly owned 101,861 shares in the company, valued at $33,216,872.10. The trade was a 1.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 12,200 shares of company stock valued at $4,082,752. 0.40% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

KEYS has been the topic of a number of recent research reports. Citigroup reissued a "buy" rating on shares of Keysight Technologies in a research report on Wednesday, August 19th. Barclays upped their price target on Keysight Technologies from $387.00 to $429.00 and gave the company an "overweight" rating in a report on Wednesday, August 19th. Wall Street Zen downgraded Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 1st. Wells Fargo & Company raised their price objective on Keysight Technologies from $390.00 to $405.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 19th. Finally, Morgan Stanley lifted their price objective on Keysight Technologies from $400.00 to $425.00 and gave the stock an "overweight" rating in a report on Wednesday, August 19th. Eleven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Keysight Technologies currently has an average rating of "Moderate Buy" and an average target price of $401.42.

Keysight Technologies Profile

Keysight Technologies, Inc NYSE: KEYS provides electronic design and test solutions used to develop, validate, and optimize communications systems, electronic devices, and other technologies. Its customers include companies in the communications, aerospace and defense, automotive, semiconductor, electronics, energy, education, and government sectors.

The company's product portfolio includes electronic test and measurement instruments, software, network test and visibility solutions, radio-frequency and microwave systems, oscilloscopes, signal analyzers, wireless and wireline test platforms, and cybersecurity testing tools.

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