Qnity Electronics, Inc. $Q Shares Acquired by Strs Ohio

Strs Ohio increased its holdings in Qnity Electronics, Inc. (NYSE:Q) by 7.5% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 287,406 shares of the premier technology solutions leader’s stock after buying an additional 20,093 shares during the period. Strs Ohio owned about 0.14% of Qnity Electronics worth $33,161,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in Q. Patton Fund Management Inc. raised its position in Qnity Electronics by 7.0% during the first quarter. Patton Fund Management Inc. now owns 2,812 shares of the premier technology solutions leader’s stock worth $324,000 after acquiring an additional 185 shares during the last quarter. Capital Asset Advisory Services LLC grew its position in shares of Qnity Electronics by 3.8% in the first quarter. Capital Asset Advisory Services LLC now owns 5,755 shares of the premier technology solutions leader’s stock valued at $664,000 after purchasing an additional 213 shares during the last quarter. Essex Financial Services Inc. increased its stake in shares of Qnity Electronics by 6.0% during the 1st quarter. Essex Financial Services Inc. now owns 4,802 shares of the premier technology solutions leader’s stock worth $554,000 after purchasing an additional 273 shares in the last quarter. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of Qnity Electronics during the 4th quarter worth approximately $25,000. Finally, Dunhill Financial LLC acquired a new position in shares of Qnity Electronics during the 4th quarter worth approximately $25,000.

Qnity Electronics Trading Up 0.1%

Shares of Qnity Electronics stock opened at $141.82 on Friday. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $177.28. The firm has a market cap of $29.69 billion and a PE ratio of 48.74. The business’s fifty day moving average is $153.37 and its two-hundred day moving average is $122.70. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings data 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 business had revenue of $1.31 billion during 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. Analysts anticipate that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Monday, August 31st. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.00%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on Q shares. BMO Capital Markets reaffirmed an “outperform” rating and issued a $180.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft set a $180.00 price target on Qnity Electronics in a research report on Wednesday, May 13th. Royal Bank Of Canada boosted their price target on Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. The Goldman Sachs Group restated a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a research report on Wednesday, May 13th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. 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. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $152.44.

About Qnity Electronics