Nomura Asset Management Co. Ltd. Invests $20.89 Million in Qnity Electronics, Inc. $Q

Nomura Asset Management Co. Ltd. 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 255,831 shares of the premier technology solutions leader’s stock, valued at approximately $20,889,000. Nomura Asset Management Co. Ltd. owned about 0.12% of Qnity Electronics as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $2,226,626,000. Geode Capital Management LLC bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $435,786,000. Norges Bank bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $187,700,000. Massachusetts Financial Services Co. MA bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $125,587,000. Finally, UBS Group AG bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $120,414,000.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. BMO Capital Markets restated an “outperform” rating and issued a $180.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft set a $180.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. Royal Bank Of Canada upped their price target on shares of Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Mizuho upped their price target on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $151.33.

Qnity Electronics Stock Down 2.7%

Shares of NYSE Q opened at $151.72 on Tuesday. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $171.52. The firm has a market capitalization of $31.76 billion and a PE ratio of 52.14. The firm has a fifty day simple moving average of $138.20 and a two-hundred day simple moving average of $110.48.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings data 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 company had revenue of $1.32 billion during 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. Equities analysts expect that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Announces Dividend

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