Tredje AP fonden Acquires New Position in Qnity Electronics, Inc. $Q

Tredje AP fonden acquired a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 109,442 shares of the premier technology solutions leader’s stock, valued at approximately $8,936,000.

Several other institutional investors and hedge funds have also modified their holdings of Q. GAMMA Investing LLC purchased a new position in shares of Qnity Electronics during the fourth quarter valued at approximately $461,000. Neville Rodie & Shaw Inc. purchased a new position in shares of Qnity Electronics during the fourth quarter valued at approximately $526,000. Investors Research Corp purchased a new position in shares of Qnity Electronics during the fourth quarter valued at approximately $102,000. Board of the Pension Protection Fund purchased a new position in shares of Qnity Electronics during the fourth quarter valued at approximately $73,000. Finally, Canal Capital Management LLC purchased a new position in shares of Qnity Electronics during the fourth quarter valued at approximately $331,000.

Analyst Upgrades and Downgrades

Q has been the topic of several recent analyst reports. Royal Bank Of Canada upped their price objective on shares of Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. BMO Capital Markets reaffirmed an “outperform” rating and set a $180.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Zacks Research downgraded shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. KeyCorp increased their price target on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Stock Down 2.7%

NYSE:Q opened at $145.06 on Wednesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12. The stock has a market capitalization of $30.37 billion and a P/E ratio of 79.27. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $171.52. The stock’s 50 day moving average is $130.24.

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 for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The company had revenue of $1.32 billion for the quarter. The company’s quarterly 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. Research analysts forecast that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

The firm also recently disclosed 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 dividend payout ratio is presently 17.49%.

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.