Qnity Electronics, Inc. $Q Shares Sold by KBC Group NV

KBC Group NV lowered its holdings in Qnity Electronics, Inc. (NYSE:Q) by 53.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,998 shares of the premier technology solutions leader’s stock after selling 79,291 shares during the period. KBC Group NV’s holdings in Qnity Electronics were worth $8,076,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. acquired a new stake in Qnity Electronics in the 4th quarter worth about $2,226,626,000. State Street Corp acquired a new position in shares of Qnity Electronics during the 4th quarter valued at about $728,894,000. Geode Capital Management LLC acquired a new position in shares of Qnity Electronics during the 4th quarter valued at about $435,786,000. Invesco Ltd. purchased a new position in shares of Qnity Electronics during the 4th quarter worth about $385,057,000. Finally, Allspring Global Investments Holdings LLC lifted its holdings in shares of Qnity Electronics by 741.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 4,375,735 shares of the premier technology solutions leader’s stock worth $518,787,000 after acquiring an additional 3,855,617 shares during the period.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on Q shares. Zacks Research raised shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Royal Bank Of Canada cut their price target 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. Mizuho lifted their price target on shares of Qnity Electronics from $170.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. BMO Capital Markets lifted their price target on shares of Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $165.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Qnity Electronics has an average rating of “Buy” and a consensus target price of $151.78.

Qnity Electronics Stock Performance

Qnity Electronics stock opened at $138.91 on Thursday. The company has a market cap of $29.08 billion and a price-to-earnings ratio of 47.73. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $177.28. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. The stock’s 50-day moving average is $151.46 and its 200-day moving average is $128.41.

Qnity Electronics (NYSE:Q) last issued its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.31 billion for the quarter. Qnity Electronics’s revenue was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. Equities analysts anticipate that Qnity Electronics, Inc. will post 4.16 earnings per share for the current year.

Qnity Electronics Announces Dividend

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 given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Monday, August 31st. Qnity Electronics’s payout ratio is 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.