Lombard Odier Asset Management Switzerland SA Takes $808,000 Position in Qnity Electronics, Inc. $Q

Lombard Odier Asset Management Switzerland SA acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) in the 1st quarter, Holdings Channel.com reports. The fund acquired 7,005 shares of the premier technology solutions leader’s stock, valued at approximately $808,000.

Other large investors have also added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund boosted its position in Qnity Electronics by 0.3% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 24,004 shares of the premier technology solutions leader’s stock worth $2,770,000 after buying an additional 77 shares during the period. AMG National Trust Bank increased its position in Qnity Electronics by 3.4% in the 1st quarter. AMG National Trust Bank now owns 2,583 shares of the premier technology solutions leader’s stock valued at $298,000 after acquiring an additional 84 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Qnity Electronics by 71.8% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock valued at $25,000 after acquiring an additional 89 shares during the last quarter. First Citizens Bank & Trust Co. raised its stake in shares of Qnity Electronics by 5.5% during the first quarter. First Citizens Bank & Trust Co. now owns 2,948 shares of the premier technology solutions leader’s stock valued at $340,000 after acquiring an additional 154 shares during the last quarter. Finally, Patton Fund Management Inc. lifted its holdings in shares of Qnity Electronics by 7.0% during the first quarter. Patton Fund Management Inc. now owns 2,812 shares of the premier technology solutions leader’s stock worth $324,000 after purchasing an additional 185 shares during the period.

Analysts Set New Price Targets

Several brokerages recently weighed in on Q. Royal Bank Of Canada reduced their price objective on shares of Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 14th. Zacks Research raised Qnity Electronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Mizuho upped their price target on Qnity Electronics from $170.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. The Goldman Sachs Group reissued a “buy” rating and issued a $165.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $151.78.

Qnity Electronics Price Performance

Q stock opened at $132.89 on Tuesday. The firm has a market cap of $27.82 billion and a price-to-earnings ratio of 45.67. 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 12-month low of $70.50 and a 12-month high of $177.28. The company’s fifty day simple moving average is $150.19 and its 200 day simple moving average is $129.43.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.16. The business had revenue of $1.31 billion during the quarter. Qnity Electronics’s revenue for the quarter 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. On average, analysts expect that Qnity Electronics, Inc. will post 4.16 earnings per share for the current year.

Qnity Electronics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Monday, August 31st. Qnity Electronics’s dividend payout ratio is presently 11.00%.

Qnity Electronics Profile

Qnity Electronics, Inc is a semiconductor company that develops and supplies components and solutions for connectivity, power management and signal processing applications. Its technologies are designed to help enable the transmission, conversion and control of electrical and radio-frequency signals in electronic systems.

The company’s product portfolio includes radio-frequency, analog and mixed-signal semiconductor solutions, along with related components used in wireless communications, networking, automotive electronics, consumer devices, industrial equipment, aerospace and defense systems.