Clifford Swan Investment Counsel LLC Invests $8.26 Million in Qnity Electronics, Inc. $Q

Clifford Swan Investment Counsel LLC bought a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 101,144 shares of the premier technology solutions leader’s stock, valued at approximately $8,258,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Kestra Private Wealth Services LLC acquired a new position in shares of Qnity Electronics during the 4th quarter worth approximately $769,000. Cohen Klingenstein LLC acquired a new position in shares of Qnity Electronics during the 4th quarter worth approximately $587,000. KBC Group NV acquired a new position in shares of Qnity Electronics during the 4th quarter worth approximately $12,189,000. Keybank National Association OH acquired a new position in shares of Qnity Electronics during the 4th quarter worth approximately $6,586,000. Finally, Wesbanco Bank Inc. acquired a new position in shares of Qnity Electronics during the 4th quarter worth approximately $1,566,000.

Wall Street Analysts Forecast Growth

Q has been the topic of several recent research reports. BMO Capital Markets restated an “outperform” rating and set a $180.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on Qnity Electronics in a report on Wednesday, May 13th. Royal Bank Of Canada upped their price objective on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. KeyCorp upped their price objective on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Finally, Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Stock Down 0.2%

NYSE:Q opened at $154.68 on Friday. The stock has a market capitalization of $32.38 billion and a price-to-earnings ratio of 53.16. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $171.52. The stock’s fifty day moving average is $140.70 and its two-hundred day moving average is $111.92.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.16. The company had revenue of $1.32 billion during the quarter. The business’s revenue was up 17.6% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. Research analysts anticipate that Qnity Electronics, Inc. will post 4.08 EPS for the current year.

Qnity Electronics Dividend Announcement

The business also recently disclosed 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 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.00%.

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.