California State Teachers Retirement System Buys 51,055,562 Shares of Qnity Electronics, Inc. $Q

California State Teachers Retirement System increased its stake in shares of Qnity Electronics, Inc. (NYSE:Q) by 19,306.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,320,004 shares of the premier technology solutions leader’s stock after buying an additional 51,055,562 shares during the quarter. California State Teachers Retirement System owned 0.25% of Qnity Electronics worth $8,381,070,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. State Street Corp bought a new stake in shares of Qnity Electronics in the 4th quarter worth $728,894,000. Geode Capital Management LLC bought a new position in shares of Qnity Electronics during the fourth quarter valued at about $435,786,000. Invesco Ltd. purchased a new position in Qnity Electronics during the fourth quarter worth about $385,057,000. Allspring Global Investments Holdings LLC boosted its holdings in Qnity Electronics by 741.3% during the first quarter. Allspring Global Investments Holdings LLC now owns 4,375,735 shares of the premier technology solutions leader’s stock worth $518,787,000 after purchasing an additional 3,855,617 shares during the last quarter. Finally, Franklin Resources Inc. bought a new stake in Qnity Electronics in the 4th quarter worth about $287,519,000.

Insider Activity

In related news, Director Bondt De purchased 1,000 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $138.14 per share, for a total transaction of $138,140.00. Following the purchase, the director directly owned 6,647 shares in the company, valued at approximately $918,216.58. This trade represents a 17.71% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.15% of the stock is currently owned by insiders.

Qnity Electronics Price Performance

Shares of NYSE:Q opened at $123.31 on Wednesday. The company’s 50-day moving average is $133.72 and its 200 day moving average is $135.96. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.50 and a current ratio of 2.01. The company has a market capitalization of $25.80 billion and a P/E ratio of 44.04. 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 posted its quarterly earnings data on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.07 by $0.12. The business had revenue of $1.43 billion during the quarter. Qnity Electronics had a net margin of 11.25% and a return on equity of 10.83%. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. On average, equities research analysts forecast that Qnity Electronics, Inc. will post 4.52 earnings per share for the current year.

Qnity Electronics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, August 31st. Qnity Electronics’s dividend payout ratio is currently 11.43%.

Analyst Ratings Changes

Several research firms have commented on Q. Mizuho increased their price objective on shares of Qnity Electronics from $170.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Qnity Electronics in a research note on Wednesday, August 5th. Royal Bank Of Canada reduced their target price on Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating for the company in a report on Tuesday, July 14th. BMO Capital Markets increased their price target on Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Finally, Weiss Ratings downgraded Qnity Electronics from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, August 5th. 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. Based on data from MarketBeat, Qnity Electronics currently has a consensus rating of “Buy” and a consensus price target of $151.78.

Qnity Electronics Profile

Qnity Electronics, Inc is a materials and technology company serving the semiconductor and broader electronics industries. The company develops specialized materials and process solutions used in semiconductor manufacturing, advanced packaging, interconnects and other electronic applications.

Its offerings include materials designed to support wafer fabrication, lithography, dielectric and metallization processes, chip packaging, printed circuit boards and high-performance electronic components.