BNP Paribas Financial Markets Acquires New Position in Qnity Electronics, Inc. $Q

BNP Paribas Financial Markets acquired a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 447,965 shares of the premier technology solutions leader’s stock, valued at approximately $36,576,000.

Other institutional investors have also recently bought and sold shares of the company. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Qnity Electronics during the 4th quarter worth about $25,000. Dunhill Financial LLC purchased a new stake in shares of Qnity Electronics during the 4th quarter worth about $25,000. Armstrong Advisory Group Inc. purchased a new stake in shares of Qnity Electronics during the 4th quarter worth about $26,000. Motco purchased a new stake in shares of Qnity Electronics during the 4th quarter worth about $27,000. Finally, Provenance Wealth Advisors LLC purchased a new stake in shares of Qnity Electronics during the 4th quarter worth about $27,000.

Qnity Electronics Stock Performance

Q stock opened at $155.37 on Thursday. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $32.52 billion and a price-to-earnings ratio of 53.39. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $171.52. The firm has a 50 day moving average of $139.97 and a two-hundred day moving average of $111.42.

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

Qnity Electronics Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. BMO Capital Markets reissued an “outperform” rating and issued a $180.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. Mizuho boosted their target price on shares of Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Royal Bank Of Canada boosted 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, KeyCorp boosted 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. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $151.33.

About Qnity Electronics