28,819 Shares in Qnity Electronics, Inc. $Q Bought by New York Life Investment Management LLC

New York Life Investment Management LLC acquired a new position in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, Holdings Channel.com reports. The firm acquired 28,819 shares of the premier technology solutions leader’s stock, valued at approximately $2,353,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. purchased a new stake in shares of Qnity Electronics during the 4th quarter worth $2,226,626,000. Massachusetts Financial Services Co. MA purchased a new position in shares of Qnity Electronics in the 4th quarter valued at about $125,587,000. UBS Group AG acquired a new stake in shares of Qnity Electronics in the fourth quarter valued at about $120,414,000. M&T Bank Corp purchased a new stake in Qnity Electronics during the fourth quarter worth about $65,334,000. Finally, Allspring Global Investments Holdings LLC purchased a new stake in Qnity Electronics during the fourth quarter worth about $44,200,000.

Analyst Ratings Changes

A number of brokerages have issued reports on Q. Zacks Research cut shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Mizuho upped their price target on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. BMO Capital Markets restated an “outperform” rating and issued a $180.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. Finally, KeyCorp lifted their price target on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Qnity Electronics has an average rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Price Performance

Shares of Q opened at $148.88 on Tuesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12. The stock’s 50 day simple moving average is $129.54. 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 $31.17 billion and a PE ratio of 81.36.

Qnity Electronics (NYSE:Q) last posted its 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 company had revenue of $1.32 billion during the quarter. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. On average, equities analysts expect that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s dividend payout ratio is currently 17.49%.

Qnity Electronics Profile

Qnity Electronics is a company focused on electronics-related products and services, serving customers in the technology and industrial markets. Publicly available information about the company is limited, so only a broad description can be provided without making assumptions about its specific operations.

Based on the name and available details, Qnity Electronics appears to operate in the electronics sector, which may include the development, distribution, or support of components, systems, or related solutions used across commercial and industrial applications.