Intact Investment Management Inc. Takes $2.84 Million Position in Qnity Electronics, Inc. $Q

Intact Investment Management Inc. acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 34,800 shares of the premier technology solutions leader’s stock, valued at approximately $2,841,000.

Several other hedge funds also recently modified their holdings of Q. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Qnity Electronics in the 4th quarter valued at about $25,000. Dunhill Financial LLC bought a new position in shares of Qnity Electronics in the 4th quarter valued at about $25,000. Armstrong Advisory Group Inc. bought a new position in shares of Qnity Electronics in the 4th quarter valued at about $26,000. Provenance Wealth Advisors LLC bought a new position in shares of Qnity Electronics in the 4th quarter valued at about $27,000. Finally, Stephens Consulting LLC bought a new position in shares of Qnity Electronics in the 4th quarter valued at about $30,000.

Qnity Electronics Stock Performance

Qnity Electronics stock opened at $141.02 on Tuesday. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $146.67. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.95 and a quick ratio of 1.46. The company has a market capitalization of $29.56 billion and a PE ratio of 77.06. The stock’s 50-day simple moving average is $122.50.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.18. The business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.15 billion. The company’s quarterly revenue 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. Research analysts forecast that Qnity Electronics, Inc. will post 3.78 earnings per share for the current year.

Qnity Electronics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be given a dividend of $0.08 per share. The ex-dividend date is Friday, May 29th. This represents a $0.32 annualized dividend and a yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is 17.49%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on Q shares. Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $126.00 price target on shares of Qnity Electronics in a report on Friday, February 20th. Weiss Ratings began coverage on Qnity Electronics in a report on Thursday, January 22nd. They set a “hold (c-)” rating for the company. Royal Bank Of Canada lifted their price target on Qnity Electronics from $139.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Finally, Mizuho set a $120.00 price target on Qnity Electronics in a report on Monday, February 23rd. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $123.29.

About Qnity Electronics

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