SCS Capital Management LLC Takes $296,000 Position in Qnity Electronics, Inc. $Q

SCS Capital Management LLC acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 3,627 shares of the premier technology solutions leader’s stock, valued at approximately $296,000.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. bought a new stake in shares of Qnity Electronics in the 4th quarter valued at approximately $2,226,626,000. Geode Capital Management LLC bought a new position in shares of Qnity Electronics during the fourth quarter valued at $435,786,000. Norges Bank bought a new position in shares of Qnity Electronics during the fourth quarter valued at $187,700,000. Massachusetts Financial Services Co. MA bought a new position in shares of Qnity Electronics during the fourth quarter valued at $125,587,000. Finally, UBS Group AG bought a new position in shares of Qnity Electronics during the fourth quarter valued at $120,414,000.

Qnity Electronics Price Performance

Qnity Electronics stock opened at $155.86 on Wednesday. The firm has a market capitalization of $32.63 billion and a P/E ratio of 53.56. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $171.52. The business has a 50-day moving average of $138.20 and a 200-day moving average of $110.48. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings data 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. Qnity Electronics’s revenue for the quarter was up 17.6% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. On average, equities analysts anticipate that Qnity Electronics, Inc. will post 4.08 EPS for the current year.

Qnity Electronics Dividend Announcement

The firm also recently disclosed 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 is Friday, May 29th. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Qnity Electronics’s payout ratio is currently 11.00%.

Analyst Ratings Changes

A number of research analysts have issued reports on Q shares. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on Qnity Electronics in a report on Wednesday, May 13th. The Goldman Sachs Group reissued a “buy” rating and set a $165.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. KeyCorp lifted their price objective on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a report on Friday, February 27th. 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. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Qnity Electronics currently has a consensus rating of “Moderate Buy” and an average target price of $151.33.

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.