Lombard Odier Asset Management Switzerland SA Purchases Shares of 7,005 Qnity Electronics, Inc. $Q

Lombard Odier Asset Management Switzerland SA acquired a new position in shares of Qnity Electronics, Inc. (NYSE:Q) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 7,005 shares of the premier technology solutions leader’s stock, valued at approximately $808,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC grew its stake in Qnity Electronics by 71.8% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock valued at $25,000 after buying an additional 89 shares during the last quarter. Moisand Fitzgerald Tamayo LLC acquired a new stake in Qnity Electronics during the fourth quarter worth approximately $25,000. Dunhill Financial LLC bought a new stake in shares of Qnity Electronics during the fourth quarter worth approximately $25,000. Motco acquired a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $27,000. Finally, Provenance Wealth Advisors LLC acquired a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $27,000.

Qnity Electronics Stock Down 1.6%

NYSE Q opened at $132.89 on Tuesday. 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 company has a market cap of $27.82 billion and a price-to-earnings ratio of 45.67. The company has a 50 day moving average of $150.19 and a 200-day moving average of $129.43. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $177.28.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The company had revenue of $1.31 billion during the quarter. The company’s 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 4.16 earnings per share 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. Shareholders of record on Monday, August 31st will be given a $0.08 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is currently 11.00%.

Analysts Set New Price Targets

Q has been the subject of several research reports. Mizuho lifted their price target on Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. BMO Capital Markets lifted their target price on Qnity Electronics from $180.00 to $185.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Finally, Zacks Research raised 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 issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $151.78.

Qnity Electronics Company Profile

Qnity Electronics, Inc is a semiconductor company that develops and supplies components and solutions for connectivity, power management and signal processing applications. Its technologies are designed to help enable the transmission, conversion and control of electrical and radio-frequency signals in electronic systems.

The company’s product portfolio includes radio-frequency, analog and mixed-signal semiconductor solutions, along with related components used in wireless communications, networking, automotive electronics, consumer devices, industrial equipment, aerospace and defense systems.