Fjarde AP Fonden Fourth Swedish National Pension Fund Takes Position in Qnity Electronics, Inc. $Q

Fjarde AP Fonden Fourth Swedish National Pension Fund purchased a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 44,262 shares of the premier technology solutions leader’s stock, valued at approximately $3,614,000.

Other large investors have also recently modified their holdings of the company. Kestra Private Wealth Services LLC bought a new stake in shares of Qnity Electronics during the 4th quarter valued at about $769,000. Cohen Klingenstein LLC bought a new stake in Qnity Electronics in the 4th quarter worth approximately $587,000. KBC Group NV bought a new stake in Qnity Electronics in the 4th quarter worth approximately $12,189,000. Wesbanco Bank Inc. bought a new stake in Qnity Electronics in the 4th quarter worth approximately $1,566,000. Finally, Delta Capital Management LLC bought a new stake in Qnity Electronics in the 4th quarter worth approximately $1,141,000.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on Qnity Electronics in a research report on Wednesday, May 13th. BMO Capital Markets reissued an “outperform” rating and set a $180.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Mizuho upped their price target on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. Finally, KeyCorp upped their price target on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $151.33.

Qnity Electronics Trading Up 1.6%

NYSE Q opened at $144.26 on Tuesday. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $171.52. The stock has a market cap of $30.20 billion and a P/E ratio of 49.57. The stock’s fifty day moving average price is $141.77 and its 200-day moving average price is $112.81. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last released its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The company had revenue of $1.32 billion during the quarter. The business’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. As a group, equities analysts forecast that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics’s dividend payout ratio is currently 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.