SG Americas Securities LLC Acquires Shares of 233,529 Qnity Electronics, Inc. $Q

SG Americas Securities LLC bought a new position in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 233,529 shares of the premier technology solutions leader’s stock, valued at approximately $19,068,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Diversified Trust Co. purchased a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $257,000. Adirondack Trust Co. bought a new position in Qnity Electronics in the 4th quarter valued at approximately $51,000. Gladwyn Financial Advisors Inc. bought a new position in Qnity Electronics in the 4th quarter valued at approximately $48,000. True Wealth Design LLC purchased a new stake in Qnity Electronics during the 4th quarter valued at $49,000. Finally, Armstrong Advisory Group Inc. purchased a new stake in Qnity Electronics during the 4th quarter valued at $26,000.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Wall Street Zen upgraded Qnity Electronics to a “hold” rating in a research note on Friday, November 28th. KeyCorp increased their price objective on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Oppenheimer assumed coverage on Qnity Electronics in a report on Tuesday, December 16th. They issued an “outperform” rating and a $100.00 price objective for the company. Mizuho set a $120.00 target price on Qnity Electronics in a research report on Monday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $126.00 target price on shares of Qnity Electronics in a research note on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Qnity Electronics presently has a consensus rating of “Buy” and an average target price of $120.86.

Qnity Electronics Trading Down 0.9%

Shares of Q opened at $111.81 on Friday. The company’s fifty day moving average is $109.38. The stock has a market cap of $23.44 billion and a price-to-earnings ratio of 61.10. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.95. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $140.60.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings data on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, topping the consensus estimate of $0.64 by $0.18. The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.15 billion. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS.

Qnity Electronics Profile

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.