12,579 Shares in Qnity Electronics, Inc. $Q Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. bought a new position in Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 12,579 shares of the premier technology solutions leader’s stock, valued at approximately $1,027,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in Q. Vanguard Group Inc. purchased a new stake in Qnity Electronics in the fourth quarter worth approximately $2,226,626,000. Geode Capital Management LLC purchased a new stake in Qnity Electronics in the fourth quarter worth approximately $435,786,000. Massachusetts Financial Services Co. MA purchased a new stake in Qnity Electronics in the fourth quarter worth approximately $125,587,000. UBS Group AG purchased a new stake in Qnity Electronics in the fourth quarter worth approximately $120,414,000. Finally, Legal & General Group Plc purchased a new stake in Qnity Electronics in the fourth quarter worth approximately $112,534,000.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft set a $180.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. BMO Capital Markets reiterated an “outperform” rating and issued a $180.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. KeyCorp increased their price target on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. Finally, Zacks Research downgraded shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Qnity Electronics has a consensus rating of “Moderate Buy” and a consensus price target of $151.33.

Qnity Electronics Stock Up 0.2%

Shares of Q stock opened at $142.31 on Monday. The company has a market capitalization of $29.79 billion and a price-to-earnings ratio of 48.91. Qnity Electronics, Inc. has a one year low of $70.50 and a one year high of $171.52. The company’s fifty day moving average price is $141.14 and its 200-day moving average price is $112.35. 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 announced its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, beating the consensus estimate of $0.92 by $0.16. The firm had revenue of $1.32 billion for the quarter. The business’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. Sell-side analysts expect that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Dividend Announcement

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