3,627 Shares in Qnity Electronics, Inc. $Q Acquired by SCS Capital Management LLC

SCS Capital Management LLC acquired a new position in Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,627 shares of the premier technology solutions leader’s stock, valued at approximately $296,000.

A number of other hedge funds have also recently added to or reduced their stakes in Q. Kestra Private Wealth Services LLC bought a new stake in Qnity Electronics during the fourth quarter worth approximately $769,000. Cohen Klingenstein LLC bought a new stake in Qnity Electronics during the fourth quarter worth approximately $587,000. KBC Group NV bought a new stake in Qnity Electronics during the fourth quarter worth approximately $12,189,000. Delta Capital Management LLC bought a new stake in Qnity Electronics during the fourth quarter worth approximately $1,141,000. Finally, Keybank National Association OH bought a new stake in Qnity Electronics during the fourth quarter worth approximately $6,586,000.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on Q. Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. Royal Bank Of Canada upped their target price on Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $180.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $151.33.

Qnity Electronics Stock Up 2.6%

Shares of Q stock opened at $155.86 on Wednesday. The stock has a market cap of $32.63 billion and a P/E ratio of 53.56. Qnity Electronics, Inc. has a one year low of $70.50 and a one year high of $171.52. The stock has a fifty day moving average price of $138.20 and a 200 day moving average price of $110.48. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57.

Qnity Electronics (NYSE:Q) last issued 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 firm had revenue of $1.32 billion during the quarter. Qnity Electronics’s 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. Analysts predict that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Dividend Announcement

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

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.