Qnity Electronics, Inc. $Q Shares Acquired by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund boosted its position in Qnity Electronics, Inc. (NYSE:Q) by 389.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,561 shares of the premier technology solutions leader’s stock after purchasing an additional 32,282 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Qnity Electronics were worth $4,680,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of Q. Dunhill Financial LLC purchased a new stake in Qnity Electronics during the fourth quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Qnity Electronics by 71.8% in the first 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. Provenance Wealth Advisors LLC purchased a new position in shares of Qnity Electronics in the fourth quarter valued at $27,000. Motco acquired a new position in shares of Qnity Electronics during the 4th quarter worth $27,000. Finally, Covestor Ltd acquired a new position in shares of Qnity Electronics during the 4th quarter worth $28,000.

Qnity Electronics Price Performance

NYSE:Q opened at $123.43 on Thursday. The firm has a market cap of $25.84 billion and a price-to-earnings ratio of 42.42. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54. The company’s 50-day moving average is $149.25 and its two-hundred day moving average is $129.93. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $177.28.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.31 billion for the quarter. The firm’s quarterly 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. Research analysts expect that Qnity Electronics, Inc. will post 4.16 EPS for the current year.

Qnity Electronics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a dividend of $0.08 per share. The ex-dividend date is Monday, August 31st. This represents a $0.32 dividend on an annualized basis and a yield of 0.3%. Qnity Electronics’s dividend payout ratio (DPR) is 11.00%.

Wall Street Analysts Forecast Growth

Q has been the topic of a number of research reports. Royal Bank Of Canada lowered their price objective 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. Zacks Research upgraded shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $165.00 price target 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 research report on Wednesday, May 13th. Finally, Mizuho raised their price objective on shares of Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. 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 MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $151.78.

About Qnity Electronics

Qnity Electronics, Inc is a global electronic materials company serving the semiconductor manufacturing and advanced packaging industries. The company develops and supplies materials and process solutions used in the production of semiconductor devices, integrated circuits and other electronic components.

Its portfolio includes chemical mechanical planarization materials, wafer-cleaning and surface-treatment products, lithography materials, dielectric and metallization solutions, and materials used in semiconductor packaging and interconnect applications.