Northwestern Mutual Investment Management Company LLC Takes Position in Qnity Electronics, Inc. $Q

Northwestern Mutual Investment Management Company LLC purchased a new stake in shares of Qnity Electronics, Inc. (NYSE:QFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,692 shares of the premier technology solutions leader’s stock, valued at approximately $546,000.

A number of other large investors have also made changes to their positions in Q. GAMMA Investing LLC acquired a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $461,000. Neville Rodie & Shaw Inc. acquired a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $526,000. Investors Research Corp acquired a new position in Qnity Electronics in the 4th quarter valued at approximately $102,000. Board of the Pension Protection Fund acquired a new position in Qnity Electronics in the 4th quarter valued at approximately $73,000. Finally, Canal Capital Management LLC acquired a new position in Qnity Electronics in the 4th quarter valued at approximately $331,000.

Qnity Electronics Stock Down 5.3%

Q stock opened at $148.88 on Tuesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. The company has a market capitalization of $31.17 billion and a P/E ratio of 81.36. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $171.52. The business has a 50 day simple moving average of $129.54.

Qnity Electronics (NYSE:QGet Free Report) last posted 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 $1.32 billion during the quarter. The firm’s quarterly 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. On average, research analysts expect that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics’s payout ratio is currently 17.49%.

Analyst Ratings Changes

Q has been the topic of several research reports. Royal Bank Of Canada upped their price objective on shares of Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, Mizuho upped their price objective on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $151.33.

Read Our Latest Analysis on Qnity Electronics

Qnity Electronics Company Profile

(Free Report)

Qnity Electronics is a global electronics company focused on advanced materials and technologies used in the semiconductor and electronics industries. The company develops products and solutions that help enable chip manufacturing, packaging, interconnects, and other critical processes involved in building modern electronic devices.

Its portfolio includes specialty materials and performance products designed to support customers in areas such as microelectronics, advanced packaging, and related industrial applications.

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Institutional Ownership by Quarter for Qnity Electronics (NYSE:Q)

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