Fractal Investments LLC Invests $980,000 in Qnity Electronics, Inc. $Q

Fractal Investments LLC bought a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 12,000 shares of the premier technology solutions leader’s stock, valued at approximately $980,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cohen Klingenstein LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter worth about $587,000. Quantum Financial Advisors LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter worth about $854,000. Delta Capital Management LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter worth about $1,141,000. Modera Wealth Management LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter worth about $938,000. Finally, Yousif Capital Management LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter worth about $2,385,000.

Analyst Ratings Changes

Q has been the subject of a number of research reports. 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. Mizuho set a $120.00 price target on Qnity Electronics in a research note on Monday, February 23rd. Royal Bank Of Canada lifted their price target on Qnity Electronics from $118.00 to $133.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 25th. Zacks Research upgraded Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $126.00 price target on shares of Qnity Electronics in a research note on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $120.86.

Qnity Electronics Stock Up 3.7%

Shares of NYSE Q opened at $136.19 on Friday. The stock has a 50-day simple moving average of $117.30. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $140.60. The company has a market capitalization of $28.54 billion and a PE ratio of 74.42. The company has a quick ratio of 1.46, a current ratio of 1.95 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, beating the consensus estimate of $0.64 by $0.18. The firm had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.15 billion. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS.

Qnity Electronics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be paid a $0.08 dividend. The ex-dividend date is Friday, May 29th. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is presently 17.49%.

About Qnity Electronics

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.