Groupama Asset Managment Sells 7,146 Shares of Qnity Electronics, Inc. $Q

Groupama Asset Managment trimmed its holdings in Qnity Electronics, Inc. (NYSE:Q) by 76.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,238 shares of the premier technology solutions leader’s stock after selling 7,146 shares during the period. Groupama Asset Managment’s holdings in Qnity Electronics were worth $258,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Oregon Public Employees Retirement Fund lifted its holdings in Qnity Electronics by 0.3% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 24,004 shares of the premier technology solutions leader’s stock valued at $2,770,000 after purchasing an additional 77 shares during the last quarter. AMG National Trust Bank boosted its position in Qnity Electronics by 3.4% during the first quarter. AMG National Trust Bank now owns 2,583 shares of the premier technology solutions leader’s stock worth $298,000 after purchasing an additional 84 shares during the period. Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of Qnity Electronics by 71.8% in 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 purchasing an additional 89 shares during the last quarter. First Citizens Bank & Trust Co. increased its holdings in shares of Qnity Electronics by 5.5% in the first quarter. First Citizens Bank & Trust Co. now owns 2,948 shares of the premier technology solutions leader’s stock valued at $340,000 after purchasing an additional 154 shares during the last quarter. Finally, Patton Fund Management Inc. raised its position in shares of Qnity Electronics by 7.0% in the first quarter. Patton Fund Management Inc. now owns 2,812 shares of the premier technology solutions leader’s stock valued at $324,000 after purchasing an additional 185 shares during the period.

Qnity Electronics Stock Performance

NYSE Q opened at $131.74 on Monday. The firm has a 50-day moving average price of $148.31 and a two-hundred day moving average price of $130.50. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $177.28. The company has a market capitalization of $27.58 billion and a P/E ratio of 45.27. 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 earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, topping the consensus estimate of $0.92 by $0.16. The business had revenue of $1.31 billion for the quarter. The company’s 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. Analysts anticipate that Qnity Electronics, Inc. will post 4.16 earnings per share for the current year.

Qnity Electronics Announces Dividend

The business also recently announced 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. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Monday, August 31st. Qnity Electronics’s dividend payout ratio is presently 11.00%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on Q. The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. BMO Capital Markets raised their price objective on shares of Qnity Electronics from $180.00 to $185.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on Qnity Electronics in a report on Wednesday, May 13th. Finally, Zacks Research raised Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $151.78.

About Qnity Electronics

Qnity Electronics (NYSE:Q) is an electronics materials company serving the semiconductor and broader electronics industries. The company was established through the separation of DuPont’s Electronics business and operates as an independent publicly traded company.

Qnity develops and supplies materials and technology used in semiconductor manufacturing, advanced packaging and electronic interconnect applications. Its offerings include semiconductor process materials, chemical mechanical planarization products, dielectric and packaging materials, and materials used in the fabrication of printed circuit boards and other electronic components.

The company serves customers across the global electronics supply chain, including semiconductor manufacturers, integrated device manufacturers, outsourced semiconductor assembly and test providers, and electronics producers.