Troluce Capital Advisors LLC Takes Position in Qnity Electronics, Inc. $Q

Troluce Capital Advisors LLC purchased a new position in Qnity Electronics, Inc. (NYSE:Q) during the second quarter, HoldingsChannel reports. The firm purchased 30,100 shares of the premier technology solutions leader’s stock, valued at approximately $4,916,000. Qnity Electronics makes up about 0.5% of Troluce Capital Advisors LLC’s investment portfolio, making the stock its 12th largest position.

Other large investors also recently modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC increased its position in Qnity Electronics by 71.8% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock valued at $25,000 after acquiring an additional 89 shares during the last quarter. Motco purchased a new position in Qnity Electronics in the fourth quarter worth about $27,000. Covestor Ltd purchased a new stake in shares of Qnity Electronics during the 4th quarter valued at about $28,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Qnity Electronics during the 4th quarter valued at about $29,000. Finally, Essex Investment Management Co. LLC bought a new position in shares of Qnity Electronics in the 4th quarter worth approximately $29,000.

Qnity Electronics Trading Up 1.7%

Shares of Q opened at $120.53 on Friday. The stock has a market capitalization of $25.22 billion and a PE ratio of 43.05. The company’s fifty day moving average is $135.29 and its 200 day moving average is $135.68. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.50 and a current ratio of 2.01. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $177.28.

Qnity Electronics (NYSE:Q) last released its quarterly earnings data on Tuesday, August 4th. The premier technology solutions leader reported $1.19 EPS for the quarter, beating the consensus estimate of $1.07 by $0.12. Qnity Electronics had a net margin of 11.25% and a return on equity of 10.83%. The business had revenue of $1.43 billion during the quarter. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. Sell-side analysts expect that Qnity Electronics, Inc. will post 4.52 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. Stockholders of record on Monday, August 31st will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, August 31st. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.43%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Zacks Research raised shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Weiss Ratings cut Qnity Electronics from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, August 5th. Royal Bank Of Canada cut their price objective on Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating for the company in a research note on Tuesday, July 14th. The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Qnity Electronics in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Qnity Electronics currently has an average rating of “Buy” and a consensus price target of $151.78.

Insider Activity at Qnity Electronics

In related news, Director Bondt De bought 1,000 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was purchased at an average price of $138.14 per share, for a total transaction of $138,140.00. Following the acquisition, the director owned 6,647 shares in the company, valued at $918,216.58. This trade represents a 17.71% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.15% of the company’s stock.

Qnity Electronics Profile

Qnity Electronics, Inc is a global electronic materials company serving the semiconductor and advanced electronics industries. The company develops and supplies materials and technologies used in semiconductor manufacturing, including solutions for wafer processing, lithography, cleaning, chemical-mechanical planarization, interconnects and advanced packaging.

Qnity’s products are designed to support the production of increasingly complex chips and electronic components by helping manufacturers improve performance, reliability and manufacturing efficiency.