SG Americas Securities LLC Has $66.28 Million Stock Position in Qnity Electronics, Inc. $Q

SG Americas Securities LLC grew its holdings in Qnity Electronics, Inc. (NYSE:Q) by 146.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 574,466 shares of the premier technology solutions leader’s stock after acquiring an additional 340,937 shares during the quarter. SG Americas Securities LLC’s holdings in Qnity Electronics were worth $66,282,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. GAMMA Investing LLC acquired a new stake in Qnity Electronics in the 4th quarter worth about $461,000. Neville Rodie & Shaw Inc. acquired a new position in shares of Qnity Electronics during the 4th quarter worth approximately $526,000. Investors Research Corp bought a new position in shares of Qnity Electronics during the fourth quarter worth approximately $102,000. Board of the Pension Protection Fund bought a new position in shares of Qnity Electronics during the fourth quarter worth approximately $73,000. Finally, Canal Capital Management LLC acquired a new stake in shares of Qnity Electronics in the fourth quarter valued at approximately $331,000.

Qnity Electronics Stock Performance

Shares of Qnity Electronics stock opened at $175.35 on Tuesday. The company has a 50 day moving average of $149.47 and a 200-day moving average of $118.36. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $177.28. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54. The company has a market cap of $36.71 billion and a PE ratio of 60.26.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings data 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 firm had revenue of $1.31 billion during the quarter. The company’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, equities research analysts forecast that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is currently 11.00%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on Q shares. Deutsche Bank Aktiengesellschaft set a $180.00 price target on Qnity Electronics in a research note on Wednesday, May 13th. BMO Capital Markets restated an “outperform” rating and set a $180.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Mizuho lifted their price objective on Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Zacks Research downgraded Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, KeyCorp increased their target price on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $151.33.

Qnity Electronics Company Profile

Qnity Electronics is a semiconductor and electronics materials company that develops and supplies products used in advanced technology manufacturing. Its solutions are designed to support the production of devices and components in areas such as semiconductors, interconnects, packaging, and other high-performance electronics applications.

The company’s portfolio includes materials and technologies used in processes that help enable smaller, faster, and more reliable electronic devices.