Qnity Electronics, Inc. $Q Shares Acquired by Swiss National Bank

Swiss National Bank increased its position in shares of Qnity Electronics, Inc. (NYSE:Q) by 7.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 614,686 shares of the premier technology solutions leader’s stock after buying an additional 41,200 shares during the period. Swiss National Bank’s holdings in Qnity Electronics were worth $70,922,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in Q. Vanguard Group Inc. purchased a new position in Qnity Electronics in the 4th quarter valued at about $2,226,626,000. State Street Corp purchased a new stake in shares of Qnity Electronics during the fourth quarter worth about $728,894,000. Geode Capital Management LLC acquired a new position in shares of Qnity Electronics in the fourth quarter worth about $435,786,000. Invesco Ltd. acquired a new position in shares of Qnity Electronics in the fourth quarter worth about $385,057,000. Finally, Allspring Global Investments Holdings LLC boosted its holdings in Qnity Electronics by 741.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 4,375,735 shares of the premier technology solutions leader’s stock valued at $518,787,000 after purchasing an additional 3,855,617 shares during the last quarter.

Qnity Electronics Stock Performance

Shares of Qnity Electronics stock opened at $138.77 on Wednesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $177.28. The firm’s 50-day simple moving average is $151.92 and its 200-day simple moving average is $128.00. The firm has a market cap of $29.05 billion and a PE ratio of 47.69.

Qnity Electronics (NYSE:Q) last posted its quarterly 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 firm had revenue of $1.31 billion during the quarter. Qnity Electronics’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. Equities analysts forecast that Qnity Electronics, Inc. will post 4.16 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

The company 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 $0.08 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.00%.

Wall Street Analysts Forecast Growth

Q has been the subject of a number of recent analyst reports. Zacks Research upgraded Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Mizuho upped their target price on Qnity Electronics from $170.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft set a $180.00 target price on Qnity Electronics in a research note on Wednesday, May 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $165.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $151.78.

About Qnity Electronics

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.