Y Intercept Hong Kong Ltd Takes $6.86 Million Position in Qnity Electronics, Inc. $Q

Y Intercept Hong Kong Ltd purchased a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 59,454 shares of the premier technology solutions leader’s stock, valued at approximately $6,860,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter worth about $25,000. Dunhill Financial LLC acquired a new position in shares of Qnity Electronics in the 4th quarter valued at approximately $25,000. Armstrong Advisory Group Inc. purchased a new position in shares of Qnity Electronics during the 4th quarter valued at approximately $26,000. Provenance Wealth Advisors LLC acquired a new stake in shares of Qnity Electronics during the fourth quarter worth approximately $27,000. Finally, Motco bought a new stake in shares of Qnity Electronics in the fourth quarter worth $27,000.

Analysts Set New Price Targets

Several research firms recently issued reports on Q. Deutsche Bank Aktiengesellschaft set a $180.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. Mizuho boosted their target price on shares of Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday. The Goldman Sachs Group restated a “buy” rating and issued a $165.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Royal Bank Of Canada increased their price target on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $152.44.

Qnity Electronics Stock Up 0.1%

Shares of NYSE:Q opened at $141.82 on Friday. The company’s fifty day moving average is $153.37 and its two-hundred day moving average is $122.70. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $177.28. The stock has a market capitalization of $29.69 billion and a price-to-earnings ratio of 48.74.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings results 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 business had revenue of $1.31 billion during the quarter. The firm’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 anticipate 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 Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a $0.08 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is currently 11.00%.

Qnity Electronics Profile