Great Lakes Advisors LLC Acquires New Position in Qnity Electronics, Inc. $Q

Great Lakes Advisors LLC acquired a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 70,422 shares of the premier technology solutions leader’s stock, valued at approximately $11,501,000.

A number of other large investors also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund increased its holdings in shares of Qnity Electronics by 0.3% in 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 acquiring an additional 77 shares during the last quarter. AMG National Trust Bank lifted its stake 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 last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in 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 worth $25,000 after purchasing an additional 89 shares during the period. Butensky & Cohen Financial Security Inc. boosted its holdings in Qnity Electronics by 0.3% in the second quarter. Butensky & Cohen Financial Security Inc. now owns 34,132 shares of the premier technology solutions leader’s stock worth $5,574,000 after purchasing an additional 105 shares during the period. Finally, First Citizens Bank & Trust Co. increased its stake in Qnity Electronics by 5.5% during 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.

Wall Street Analyst Weigh In

Q has been the topic of a number of research reports. The Goldman Sachs Group reissued a “buy” rating and set a $165.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Qnity Electronics in a report on Wednesday, August 5th. BMO Capital Markets boosted their price objective on shares of Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Mizuho increased their price objective on shares of Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Finally, Weiss Ratings cut shares of Qnity Electronics from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $151.78.

Insider Transactions at Qnity Electronics

In other Qnity Electronics news, Director Bondt Karin De purchased 1,000 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $138.14 per share, with a total value of $138,140.00. Following the completion of the purchase, the director owned 6,647 shares in the company, valued at $918,216.58. This trade represents a 17.71% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.15% of the company’s stock.

Qnity Electronics Stock Performance

Q opened at $133.51 on Wednesday. The business’s 50 day moving average is $144.53 and its 200-day moving average is $133.99. The stock has a market cap of $27.93 billion and a PE ratio of 47.68. The company has a current ratio of 2.01, a quick ratio of 1.50 and a debt-to-equity ratio of 0.53. Qnity Electronics, Inc. has a twelve month low of $70.50 and a twelve month high of $177.28.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings data on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.12. Qnity Electronics had a return on equity of 10.83% and a net margin of 11.25%.The business had revenue of $1.43 billion during the quarter. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. On average, analysts predict that Qnity Electronics, Inc. will post 4.52 earnings per share for the current year.

Qnity Electronics Announces Dividend

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 given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Monday, August 31st. Qnity Electronics’s payout ratio is 11.43%.

Qnity Electronics Profile

Qnity Electronics, Inc (NYSE:Q) is an electronic materials and solutions company serving the semiconductor and advanced electronics industries. The company develops materials used in the manufacture, interconnection and packaging of semiconductor devices and other high-performance electronic components.

Its product portfolio includes materials and process solutions for semiconductor fabrication, such as chemical mechanical planarization products, photoresists, cleaners, dielectric materials and metallization solutions.