Qnity Electronics, Inc. $Q Holdings Increased by Engineers Gate Manager LP

Engineers Gate Manager LP lifted its stake in Qnity Electronics, Inc. (NYSE:Q) by 242.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 73,503 shares of the premier technology solutions leader’s stock after acquiring an additional 52,035 shares during the period. Engineers Gate Manager LP’s holdings in Qnity Electronics were worth $12,004,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in Q. Oregon Public Employees Retirement Fund increased its stake in shares of Qnity Electronics by 0.3% during the first quarter. Oregon Public Employees Retirement Fund now owns 24,004 shares of the premier technology solutions leader’s stock valued at $2,770,000 after acquiring an additional 77 shares during the period. AMG National Trust Bank raised its holdings in Qnity Electronics by 3.4% during the first quarter. AMG National Trust Bank now owns 2,583 shares of the premier technology solutions leader’s stock worth $298,000 after purchasing an additional 84 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its holdings in 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 worth $25,000 after purchasing an additional 89 shares in the last quarter. Butensky & Cohen Financial Security Inc. lifted its position in Qnity Electronics by 0.3% in the second quarter. Butensky & Cohen Financial Security Inc. now owns 34,132 shares of the premier technology solutions leader’s stock worth $5,574,000 after purchasing an additional 105 shares during the period. Finally, Syon Capital LLC lifted its position in Qnity Electronics by 2.0% in the second quarter. Syon Capital LLC now owns 5,811 shares of the premier technology solutions leader’s stock worth $949,000 after purchasing an additional 116 shares during the period.

Qnity Electronics Trading Down 1.5%

Shares of NYSE:Q opened at $123.55 on Friday. The stock has a market capitalization of $25.85 billion and a price-to-earnings ratio of 44.12. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $177.28. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.50 and a current ratio of 2.01. The company has a 50 day moving average price of $132.80 and a 200 day moving average price of $136.13.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings results on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.12. The firm had revenue of $1.43 billion for the quarter. Qnity Electronics had a net margin of 11.25% and a return on equity of 10.83%. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. On average, research analysts anticipate that Qnity Electronics, Inc. will post 4.52 EPS for the current fiscal year.

Qnity Electronics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Monday, August 31st. Qnity Electronics’s payout ratio is presently 11.43%.

Insider Activity

In related news, Director Bondt De bought 1,000 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were bought at an average cost of $138.14 per share, with a total value of $138,140.00. Following the completion of the transaction, the director directly owned 6,647 shares of the company’s stock, valued at approximately $918,216.58. This trade represents a 17.71% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.15% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Qnity Electronics in a research report on Wednesday, August 5th. BMO Capital Markets upped their price objective on Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Weiss Ratings raised Qnity Electronics from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday. Royal Bank Of Canada lowered their target price on Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating on the stock in a report on Tuesday, July 14th. Finally, Zacks Research upgraded shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Qnity Electronics currently has a consensus rating of “Buy” and a consensus price target of $151.78.

Qnity Electronics Profile

Qnity Electronics, Inc is a global materials and solutions provider serving the semiconductor and broader electronics industries. The company develops specialized materials and technologies used in the manufacture, packaging and performance of advanced electronic devices.

Its offerings include semiconductor fabrication materials, electronic and interconnect materials, advanced packaging solutions, and other products designed to support chip production and high-performance electronics. These products are used across applications such as computing, communications, automotive electronics and other technology markets.

Qnity was formed from DuPont’s former Electronics business as part of DuPont’s separation of the unit.