Versor Investments LP Makes New $3.42 Million Investment in Qnity Electronics, Inc. $Q

Versor Investments LP purchased a new position in shares of Qnity Electronics, Inc. (NYSE:QFree Report) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 41,935 shares of the premier technology solutions leader’s stock, valued at approximately $3,424,000. Qnity Electronics comprises 0.5% of Versor Investments LP’s portfolio, making the stock its 26th biggest holding.

Other large investors have also recently bought and sold shares of the company. Kestra Private Wealth Services LLC acquired a new stake in Qnity Electronics during the 4th quarter worth about $769,000. Cohen Klingenstein LLC acquired a new stake in Qnity Electronics during the 4th quarter worth about $587,000. KBC Group NV bought a new position in shares of Qnity Electronics during the 4th quarter worth about $12,189,000. Delta Capital Management LLC bought a new position in shares of Qnity Electronics during the 4th quarter worth about $1,141,000. Finally, Yousif Capital Management LLC bought a new position in shares of Qnity Electronics during the 4th quarter worth about $2,385,000.

Qnity Electronics Stock Performance

Shares of NYSE Q opened at $154.04 on Tuesday. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $156.53. The company has a market cap of $32.28 billion and a PE ratio of 84.18. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.95. The company has a 50-day simple moving average of $125.60.

Qnity Electronics (NYSE:QGet Free Report) last announced its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter. The business had revenue of $1.32 billion during the quarter. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. On average, sell-side analysts predict that Qnity Electronics, Inc. will post 3.78 EPS for the current year.

Qnity Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors 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 yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is presently 17.49%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Zacks Research cut shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Royal Bank Of Canada increased their price objective on shares of Qnity Electronics from $139.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Mizuho set a $120.00 price objective on shares of Qnity Electronics in a research report on Monday, February 23rd. KeyCorp increased their price objective on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $170.00 price objective on shares of Qnity Electronics in a research report on Thursday. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $129.57.

Check Out Our Latest Analysis on Qnity Electronics

Qnity Electronics Profile

(Free Report)

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.

See Also

Want to see what other hedge funds are holding Q? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Qnity Electronics, Inc. (NYSE:QFree Report).

Institutional Ownership by Quarter for Qnity Electronics (NYSE:Q)

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