Quantinno Capital Management LP Increases Stake in Qnity Electronics, Inc. $Q

Quantinno Capital Management LP lifted its position in Qnity Electronics, Inc. (NYSE:Q) by 19.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 252,447 shares of the premier technology solutions leader’s stock after acquiring an additional 40,713 shares during the quarter. Quantinno Capital Management LP’s holdings in Qnity Electronics were worth $29,127,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Exchange Traded Concepts LLC bought a new stake in Qnity Electronics during the 4th quarter valued at $61,000. Retirement Systems of Alabama bought a new position in shares of Qnity Electronics in the 4th quarter worth $3,638,000. Fifth Third Wealth Advisors LLC bought a new position in shares of Qnity Electronics in the 4th quarter worth $357,000. Victory Financial Group LLC purchased a new stake in shares of Qnity Electronics during the 4th quarter worth $223,000. Finally, Tema Etfs LLC purchased a new stake in shares of Qnity Electronics during the 4th quarter worth $384,000.

Qnity Electronics Stock Performance

Shares of Q stock opened at $131.74 on Friday. The business has a fifty day moving average of $148.31 and a 200 day moving average of $130.22. 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 0.54, a current ratio of 2.12 and a quick ratio of 1.57. The firm has a market capitalization of $27.58 billion and a price-to-earnings ratio of 45.27.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.16. The firm had revenue of $1.31 billion for 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. As a group, research analysts expect that Qnity Electronics, Inc. will post 4.16 earnings per share for the current year.

Qnity Electronics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors 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 is currently 11.00%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on Q shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Royal Bank Of Canada decreased their price target on shares of Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating for the company in a research report on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft set a $180.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a research report on Wednesday, May 13th. Finally, Mizuho boosted their price objective on shares of Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. One investment 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’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $151.78.

Qnity Electronics Company Profile

Qnity Electronics, Inc is a semiconductor materials and process-solutions company serving manufacturers across the global electronics industry. The company provides materials, chemicals and related technologies used in the fabrication of semiconductors and other advanced electronic components.

Its product offerings include specialty process materials, deposition and planarization solutions, cleaning and etching chemistries, gases, and other consumables used throughout semiconductor manufacturing.