Danske Bank A S Invests $13.59 Million in Qnity Electronics, Inc. $Q

Danske Bank A S purchased a new stake in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 166,472 shares of the premier technology solutions leader’s stock, valued at approximately $13,592,000.

Several other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. acquired a new stake in Qnity Electronics in the 4th quarter valued at $2,226,626,000. Massachusetts Financial Services Co. MA bought a new stake in shares of Qnity Electronics during the 4th quarter worth $125,587,000. UBS Group AG bought a new stake in Qnity Electronics in the 4th quarter valued at about $120,414,000. M&T Bank Corp bought a new stake in Qnity Electronics in the 4th quarter valued at about $65,334,000. Finally, Allspring Global Investments Holdings LLC bought a new stake in Qnity Electronics in the 4th quarter valued at about $44,200,000.

Qnity Electronics Trading Up 0.1%

Q opened at $143.41 on Monday. The business has a fifty day moving average price of $122.50. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.95. The company has a market capitalization of $30.06 billion and a P/E ratio of 78.37. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $146.67.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings data on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.18. The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.15 billion. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS. On average, analysts predict that Qnity Electronics, Inc. will post 3.78 EPS for the current year.

Qnity Electronics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics’s dividend payout ratio is currently 17.49%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Weiss Ratings assumed coverage on Qnity Electronics in a research report on Thursday, January 22nd. They set a “hold (c-)” rating on the stock. Royal Bank Of Canada upped their price objective on shares of Qnity Electronics from $139.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $126.00 target price on shares of Qnity Electronics in a research note on Friday, February 20th. KeyCorp boosted their price objective on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Finally, Mizuho set a $120.00 price objective on Qnity Electronics in a research report on Monday, February 23rd. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $123.29.

Qnity Electronics Company Profile

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.