Daiwa Securities Group Inc. Purchases New Shares in Qnity Electronics, Inc. $Q

Daiwa Securities Group Inc. purchased a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, Holdings Channel.com reports. The fund purchased 33,926 shares of the premier technology solutions leader’s stock, valued at approximately $2,770,000.

A number of other large investors also recently made changes to their positions in Q. Vanguard Group Inc. bought a new position in shares of Qnity Electronics during the fourth quarter valued at about $2,226,626,000. Geode Capital Management LLC bought a new position in shares of Qnity Electronics during the fourth quarter valued at about $435,786,000. Norges Bank bought a new position in shares of Qnity Electronics during the fourth quarter valued at about $187,700,000. Massachusetts Financial Services Co. MA bought a new position in shares of Qnity Electronics during the fourth quarter valued at about $125,587,000. Finally, UBS Group AG bought a new stake in Qnity Electronics in the fourth quarter worth about $120,414,000.

Qnity Electronics Stock Performance

Shares of Q stock opened at $144.75 on Wednesday. The firm has a market cap of $30.30 billion and a price-to-earnings ratio of 49.74. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $171.52. The firm’s 50-day simple moving average is $142.43 and its two-hundred day simple moving average is $113.27.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings results 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 business had revenue of $1.32 billion during the quarter. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. As a group, equities analysts forecast that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a $0.08 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Qnity Electronics’s payout ratio is 11.00%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on Q. Royal Bank Of Canada lifted their price objective on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Zacks Research lowered shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $180.00 price objective on shares of Qnity Electronics in a research report on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 price objective on shares of Qnity Electronics in a research report on Wednesday, May 13th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $151.33.

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.