Qnity Electronics, Inc. $Q Shares Sold by Clifford Swan Investment Counsel LLC

Clifford Swan Investment Counsel LLC lessened its stake in Qnity Electronics, Inc. (NYSE:Q) by 10.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 72,226 shares of the premier technology solutions leader’s stock after selling 8,357 shares during the period. Clifford Swan Investment Counsel LLC’s holdings in Qnity Electronics were worth $11,795,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. State Street Corp purchased a new stake in Qnity Electronics during the fourth quarter valued at about $728,894,000. Geode Capital Management LLC acquired a new stake in shares of Qnity Electronics during the 4th quarter valued at $435,786,000. Invesco Ltd. acquired a new stake in Qnity Electronics during the fourth quarter valued at $385,057,000. Allspring Global Investments Holdings LLC grew its stake in shares of Qnity Electronics by 741.3% in the 1st 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 buying an additional 3,855,617 shares in the last quarter. Finally, Franklin Resources Inc. bought a new stake in Qnity Electronics in the fourth quarter worth approximately $287,519,000.

Insider Transactions at Qnity Electronics

In related news, Director Bondt Karin De acquired 1,000 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were purchased at an average price of $138.14 per share, with a total value of $138,140.00. Following the acquisition, the director directly owned 6,647 shares in the company, valued at $918,216.58. The trade was a 17.71% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. 0.15% of the stock is currently owned by company insiders.

Qnity Electronics Stock Performance

NYSE:Q opened at $119.42 on Tuesday. The stock has a market capitalization of $24.98 billion and a P/E ratio of 42.65. 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 1 year low of $70.50 and a 1 year high of $177.28. The firm has a 50 day moving average of $138.74 and a 200-day moving average of $135.66.

Qnity Electronics (NYSE:Q) last released its quarterly earnings results on Tuesday, August 4th. The premier technology solutions leader reported $1.19 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, sell-side analysts anticipate that Qnity Electronics, Inc. will post 4.52 EPS for the current fiscal year.

Qnity Electronics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a dividend of $0.08 per share. The ex-dividend date is Monday, August 31st. This represents a $0.32 annualized dividend and a yield of 0.3%. Qnity Electronics’s dividend payout ratio is 11.43%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Zacks Research raised shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Mizuho raised their price objective on Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Weiss Ratings lowered shares of Qnity Electronics from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Qnity Electronics in a research note on Wednesday, August 5th. Finally, BMO Capital Markets upped their target price on shares of Qnity Electronics from $180.00 to $185.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $151.78.

About Qnity Electronics

Qnity Electronics, Inc (NYSE:Q) is a materials and technology company serving the semiconductor and advanced electronics industries. The company develops materials, components and process solutions used in the manufacture of integrated circuits, electronic interconnects and other high-performance electronic devices.

Its product portfolio includes solutions that support semiconductor fabrication, advanced packaging, wafer processing, surface treatment and interconnect applications. Qnity’s technologies are intended to help electronics manufacturers improve device performance, reliability and production efficiency as chip designs and packaging systems become more complex.

Qnity was established as an independent public company through the separation of DuPont’s Electronics business.