109,442 Shares in Qnity Electronics, Inc. $Q Bought by Tredje AP fonden

Tredje AP fonden purchased a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 109,442 shares of the premier technology solutions leader’s stock, valued at approximately $8,936,000. Tredje AP fonden owned approximately 0.05% of Qnity Electronics at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Moisand Fitzgerald Tamayo LLC acquired a new position in Qnity Electronics in the fourth quarter valued at $25,000. Dunhill Financial LLC acquired a new position in Qnity Electronics in the fourth quarter valued at $25,000. Armstrong Advisory Group Inc. acquired a new position in Qnity Electronics in the fourth quarter valued at $26,000. Provenance Wealth Advisors LLC acquired a new position in Qnity Electronics in the fourth quarter valued at $27,000. Finally, Stephens Consulting LLC acquired a new position in Qnity Electronics in the fourth quarter valued at $30,000.

Qnity Electronics Trading Down 2.7%

Q stock opened at $145.06 on Wednesday. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $171.52. The stock has a market capitalization of $30.37 billion and a P/E ratio of 79.27. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54. The business’s 50-day moving average is $130.24.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.16. The business had revenue of $1.32 billion during 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. On average, equities research analysts expect that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics’s dividend payout ratio is 17.49%.

Analysts Set New Price Targets

Q has been the topic of a number of recent research reports. Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Mizuho boosted their price target on shares of Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. The Goldman Sachs Group reiterated a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Finally, Royal Bank Of Canada lifted their price objective on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Qnity Electronics presently has a consensus rating of “Moderate Buy” and an average target price of $151.33.

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.