ProShare Advisors LLC Takes Position in Qnity Electronics, Inc. $Q

ProShare Advisors LLC bought a new stake 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 firm bought 81,382 shares of the premier technology solutions leader’s stock, valued at approximately $6,645,000.

Several other institutional investors also recently modified their holdings of Q. Radnor Capital Management LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $701,000. HighTower Advisors LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $4,179,000. Kimelman & Baird LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $378,000. Intrua Financial LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $271,000. Finally, TD Private Client Wealth LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $152,000.

Qnity Electronics Stock Performance

Shares of Q opened at $156.88 on Friday. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $171.52. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. The stock’s fifty day moving average price is $132.60 and its two-hundred day moving average price is $107.83. The firm has a market cap of $32.84 billion and a PE ratio of 53.91.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.16. The firm had revenue of $1.32 billion for the quarter. The firm’s quarterly revenue was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. On average, equities research analysts forecast that Qnity Electronics, Inc. will post 4.08 EPS for the current year.

Qnity Electronics Dividend Announcement

The firm also recently announced 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. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is currently 11.00%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. Royal Bank Of Canada increased their price target on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. Mizuho increased their price target on Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 price target on Qnity Electronics in a research report on Wednesday, May 13th. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Qnity Electronics has an average rating of “Moderate Buy” and a consensus price target of $151.33.

Qnity Electronics Profile

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