Telligent Fund LP Invests $1.31 Million in Qnity Electronics, Inc. $Q

Telligent Fund LP acquired a new position in Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 16,000 shares of the premier technology solutions leader’s stock, valued at approximately $1,306,000. Qnity Electronics comprises 1.5% of Telligent Fund LP’s portfolio, making the stock its 19th biggest position.

A number of other hedge funds have also recently made changes to their positions in the business. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $25,000. Dunhill Financial LLC bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $25,000. Armstrong Advisory Group Inc. bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $26,000. Motco bought a new stake in shares of Qnity Electronics in the 4th quarter valued at about $27,000. Finally, Provenance Wealth Advisors LLC bought a new stake in shares of Qnity Electronics in the 4th quarter valued at about $27,000.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. The Goldman Sachs Group reissued a “buy” rating and issued a $165.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. KeyCorp boosted 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. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 target price on Qnity Electronics in a research note on Wednesday, May 13th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Qnity Electronics has a consensus rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Trading Down 0.1%

NYSE:Q opened at $159.03 on Friday. The company has a fifty day moving average of $136.57 and a 200 day moving average of $109.68. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $171.52. 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 firm has a market capitalization of $33.29 billion and a P/E ratio of 54.65.

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

Qnity Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be given 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 yield of 0.2%. Qnity Electronics’s dividend payout ratio is presently 11.00%.

Qnity Electronics Company Profile

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