19,725 Shares in Qnity Electronics, Inc. $Q Acquired by OP Asset Management Ltd

OP Asset Management Ltd purchased a new stake in Qnity Electronics, Inc. (NYSE:Q) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 19,725 shares of the premier technology solutions leader’s stock, valued at approximately $2,276,000.

Several other institutional investors have also modified their holdings of Q. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Qnity Electronics in the fourth quarter valued at $25,000. Dunhill Financial LLC acquired a new position in Qnity Electronics during the 4th quarter worth $25,000. Armstrong Advisory Group Inc. purchased a new stake in Qnity Electronics during the 4th quarter worth about $26,000. Motco purchased a new stake in Qnity Electronics during the 4th quarter worth about $27,000. Finally, Provenance Wealth Advisors LLC acquired a new stake in Qnity Electronics in the 4th quarter valued at about $27,000.

Qnity Electronics Trading Down 5.6%

NYSE:Q opened at $158.03 on Friday. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $177.28. The stock has a market cap of $33.08 billion and a P/E ratio of 54.31. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12. The stock has a 50-day simple moving average of $151.77 and a 200-day simple moving average of $120.32.

Qnity Electronics (NYSE:Q) last issued its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.16. The business had revenue of $1.31 billion for the quarter. The company’s revenue for the quarter 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, analysts anticipate that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend 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 presently 11.00%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on Q. The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft set a $180.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. BMO Capital Markets reiterated an “outperform” rating and set a $180.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. Finally, Royal Bank Of Canada increased their price objective on shares of Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently 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.