9,384 Shares in Qnity Electronics, Inc. $Q Acquired by Groupama Asset Managment

Groupama Asset Managment acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 9,384 shares of the premier technology solutions leader’s stock, valued at approximately $766,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter worth $25,000. Dunhill Financial LLC purchased a new position in shares of Qnity Electronics in the fourth quarter worth about $25,000. Armstrong Advisory Group Inc. acquired a new position in Qnity Electronics during the fourth quarter worth about $26,000. Motco acquired a new position in Qnity Electronics during the fourth quarter worth about $27,000. Finally, Provenance Wealth Advisors LLC purchased a new stake in Qnity Electronics during the 4th quarter valued at about $27,000.

Qnity Electronics Stock Up 0.1%

Shares of NYSE:Q opened at $169.15 on Friday. The company has a market capitalization of $35.41 billion and a price-to-earnings ratio of 58.13. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $171.52. The business has a 50-day moving average price of $148.57 and a 200 day moving average price of $117.41. 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 posted its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The company had revenue of $1.31 billion during the quarter. The business’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. Sell-side analysts expect that Qnity Electronics, Inc. will post 4.08 EPS for the current year.

Qnity Electronics Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Friday, May 29th. Qnity Electronics’s dividend payout ratio is 11.00%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on Q. Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Royal Bank Of Canada upped their target price on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Mizuho raised their target price on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $151.33.

About Qnity Electronics

Qnity Electronics is a company focused on electronic components and related technologies for a range of industrial and commercial applications. The company appears to operate in the electronics sector, though detailed public information about its specific product lines, customer base, and operations is limited.

Because reliable company details are not readily available, it is not possible to provide a fuller description of Qnity Electronics’ business activities, geography, or leadership without risking inaccuracy.