48,254 Shares in Qnity Electronics, Inc. $Q Bought by Swedbank AB

Swedbank AB purchased a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 48,254 shares of the premier technology solutions leader’s stock, valued at approximately $3,940,000.

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

Qnity Electronics Price Performance

Qnity Electronics stock opened at $164.49 on Wednesday. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $171.52. The firm has a market capitalization of $34.43 billion and a price-to-earnings ratio of 56.53. The company has a fifty day simple moving average of $134.72 and a 200-day simple moving average of $108.76. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last released its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The business had revenue of $1.32 billion for the quarter. The firm’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 anticipate that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages have commented on Q. Deutsche Bank Aktiengesellschaft set a $180.00 target price on Qnity Electronics in a report on Wednesday, May 13th. The Goldman Sachs Group reiterated a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. Royal Bank Of Canada increased their price objective on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Mizuho lifted their target price on shares of Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $180.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Eight research 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 stock has an average rating of “Moderate Buy” and a consensus price target of $151.33.

Qnity Electronics Company Profile

Qnity Electronics is a specialty electronics company that provides products and technologies used in electronic systems and advanced manufacturing applications. The company’s offerings are generally focused on materials, components, and solutions that support the performance, reliability, and miniaturization of electronic devices.

Because reliable public information about Qnity Electronics is limited, a more detailed description of its business segments, geographic reach, and leadership is not readily available.