Janus Henderson Group PLC Cuts Holdings in Qnity Electronics, Inc. $Q

Janus Henderson Group PLC decreased its holdings in Qnity Electronics, Inc. (NYSE:Q) by 1.9% in the first quarter, Holdings Channel reports. The firm owned 341,662 shares of the premier technology solutions leader’s stock after selling 6,738 shares during the quarter. Janus Henderson Group PLC’s holdings in Qnity Electronics were worth $39,424,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Dunhill Financial LLC bought a new position in shares of Qnity Electronics during the fourth quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of Qnity Electronics by 71.8% during 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 during the last quarter. Provenance Wealth Advisors LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter valued at $27,000. Motco bought a new stake in Qnity Electronics in the 4th quarter worth about $27,000. Finally, Covestor Ltd bought a new stake in Qnity Electronics in the 4th quarter worth about $28,000.

Qnity Electronics Stock Performance

Shares of Q opened at $131.74 on Monday. The firm has a market capitalization of $27.58 billion and a P/E ratio of 45.27. 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, Inc. has a one year low of $70.50 and a one year high of $177.28. The business has a fifty day moving average of $148.31 and a 200 day moving average of $130.50.

Qnity Electronics (NYSE:Q) last posted its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.31 billion during the quarter. The business’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. As a group, sell-side analysts anticipate that Qnity Electronics, Inc. will post 4.16 EPS for the current year.

Qnity Electronics Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Royal Bank Of Canada reduced their price target on shares of Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating for the company in a research note on Tuesday, July 14th. Zacks Research raised shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. The Goldman Sachs Group restated a “buy” rating and set a $165.00 price objective on shares of Qnity Electronics in a research report on Wednesday, May 13th. Finally, Mizuho raised their target price on shares of Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. One investment 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 stock. Based on data from MarketBeat.com, Qnity Electronics presently has a consensus rating of “Buy” and a consensus target price of $151.78.

Qnity Electronics Company Profile

Qnity Electronics, Inc (NYSE:Q) is a global provider of materials, components and process solutions for the semiconductor and advanced electronics industries. The company supplies products used throughout electronics manufacturing, from wafer fabrication and lithography to interconnect, advanced packaging and thermal-management applications.

Its portfolio includes semiconductor materials and consumables such as chemical-mechanical planarization products, specialty chemicals, dielectric and metallization materials, cleaning solutions, and packaging technologies.