Mufg Securities Americas Inc. Acquires New Stake in Qnity Electronics, Inc. $Q

Mufg Securities Americas Inc. purchased a new position in shares of Qnity Electronics, Inc. (NYSE:QFree Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 5,642 shares of the premier technology solutions leader’s stock, valued at approximately $461,000.

A number of other large investors have also recently bought and sold shares of the business. Mariner LLC acquired a new stake in Qnity Electronics during the 4th quarter worth about $3,704,000. Focus Partners Wealth acquired a new stake in shares of Qnity Electronics in the 4th quarter valued at about $18,579,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Qnity Electronics in the 4th quarter valued at about $676,000. Kennedy Capital Management LLC acquired a new stake in shares of Qnity Electronics in the 4th quarter valued at about $6,156,000. Finally, Cladis Investment Advisory LLC acquired a new stake in shares of Qnity Electronics in the 4th quarter valued at about $335,000.

Qnity Electronics Trading Up 6.7%

Qnity Electronics stock opened at $160.75 on Tuesday. The stock has a market cap of $33.65 billion and a P/E ratio of 55.24. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $171.52. The firm’s fifty day moving average price is $145.28 and its 200-day moving average price is $115.37. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12.

Qnity Electronics (NYSE:QGet Free Report) last announced its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.16. The company had revenue of $1.32 billion during the quarter. The firm’s revenue for the quarter 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. Equities research analysts forecast that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

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

Analysts Set New Price Targets

Several analysts have recently commented on the company. KeyCorp raised their target price on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Royal Bank Of Canada boosted their target price on Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $165.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. Mizuho lifted their price target on shares of Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $151.33.

Get Our Latest Stock Report on Q

Qnity Electronics Company Profile

(Free Report)

Qnity Electronics is a company associated with the electronics sector and listed on the New York Stock Exchange under the ticker symbol Q. Based on the limited reliable information available, the company appears to focus on electronics-related activities, but detailed public information about its specific products, services, operating history, and geographic footprint was not available.

Because verified details about Qnity Electronics are limited, it is not possible to provide a fuller business description without risking inaccuracy.

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Institutional Ownership by Quarter for Qnity Electronics (NYSE:Q)

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