ING Groep NV Purchases Shares of 15,066 Qnity Electronics, Inc. $Q

ING Groep NV purchased a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 15,066 shares of the premier technology solutions leader’s stock, valued at approximately $1,230,000.

Other institutional investors have also added to or reduced their stakes in the company. Kestra Private Wealth Services LLC purchased a new stake in Qnity Electronics during the 4th quarter valued at $769,000. Cohen Klingenstein LLC purchased a new stake in Qnity Electronics during the 4th quarter valued at $587,000. KBC Group NV purchased a new stake in Qnity Electronics during the 4th quarter valued at $12,189,000. Wesbanco Bank Inc. purchased a new stake in Qnity Electronics during the 4th quarter valued at $1,566,000. Finally, Keybank National Association OH purchased a new stake in Qnity Electronics during the 4th quarter valued at $6,586,000.

Analysts Set New Price Targets

Q has been the subject of several analyst reports. Mizuho increased their price target on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. KeyCorp raised their target price on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Royal Bank Of Canada raised their target price on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $180.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $151.33.

Qnity Electronics Trading Up 0.2%

Shares of NYSE Q opened at $144.75 on Wednesday. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $171.52. The stock has a market cap of $30.30 billion and a P/E ratio of 49.74. The firm has a 50-day moving average of $142.43 and a 200 day moving average of $113.27. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The business had revenue of $1.32 billion for the quarter. Qnity Electronics’s revenue was up 17.6% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. As a group, sell-side analysts expect that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is 11.00%.

About Qnity Electronics

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