Nykredit A S Buys Shares of 52,714 Qnity Electronics, Inc. $Q

Nykredit A S bought a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 52,714 shares of the premier technology solutions leader’s stock, valued at approximately $8,609,000.

A number of other large investors have also recently made changes to their positions in the stock. Oregon Public Employees Retirement Fund raised its stake in shares of Qnity Electronics by 0.3% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 24,004 shares of the premier technology solutions leader’s stock valued at $2,770,000 after purchasing an additional 77 shares during the period. AMG National Trust Bank grew its holdings in Qnity Electronics by 3.4% during the 1st quarter. AMG National Trust Bank now owns 2,583 shares of the premier technology solutions leader’s stock valued at $298,000 after buying an additional 84 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Qnity Electronics by 71.8% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock valued at $25,000 after buying an additional 89 shares in the last quarter. Butensky & Cohen Financial Security Inc. grew its holdings in Qnity Electronics by 0.3% during the 2nd quarter. Butensky & Cohen Financial Security Inc. now owns 34,132 shares of the premier technology solutions leader’s stock valued at $5,574,000 after buying an additional 105 shares in the last quarter. Finally, First Citizens Bank & Trust Co. increased its position in shares of Qnity Electronics by 5.5% during the first quarter. First Citizens Bank & Trust Co. now owns 2,948 shares of the premier technology solutions leader’s stock valued at $340,000 after buying an additional 154 shares during the period.

Insider Activity at Qnity Electronics

In related news, Director Bondt De purchased 1,000 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average price of $138.14 per share, with a total value of $138,140.00. Following the acquisition, the director directly owned 6,647 shares of the company’s stock, valued at approximately $918,216.58. This represents a 17.71% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.15% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Mizuho raised their price objective on shares of Qnity Electronics from $170.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Weiss Ratings lowered shares of Qnity Electronics from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, August 5th. Royal Bank Of Canada lowered their target price on shares of Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 14th. BMO Capital Markets boosted their price target on shares of Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Finally, Zacks Research raised shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $151.78.

Qnity Electronics Stock Performance

Shares of Q opened at $120.53 on Friday. The company has a market cap of $25.22 billion and a PE ratio of 43.05. The company has a current ratio of 2.01, a quick ratio of 1.50 and a debt-to-equity ratio of 0.53. The stock has a 50-day moving average price of $135.29 and a 200-day moving average price of $135.68. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $177.28.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings data on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.12. The company had revenue of $1.43 billion for the quarter. Qnity Electronics had a net margin of 11.25% and a return on equity of 10.83%. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, equities analysts forecast that Qnity Electronics, Inc. will post 4.52 earnings per share for the current fiscal year.

Qnity Electronics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, August 31st. Qnity Electronics’s payout ratio is currently 11.43%.

About Qnity Electronics

Qnity Electronics (NYSE: Q) is a global technology company that develops and supplies advanced materials and solutions for the semiconductor and electronics industries. Its offerings support the design, manufacture and packaging of semiconductor devices used in computing, communications, automotive, consumer electronics and other applications.

The company’s portfolio includes materials for wafer fabrication, lithography, chemical-mechanical planarization, cleaning, dielectric and interconnect processes, as well as advanced semiconductor packaging.