Teacher Retirement System of Texas Makes New $25.55 Million Investment in Qnity Electronics, Inc. $Q

Teacher Retirement System of Texas purchased a new position in Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 312,925 shares of the premier technology solutions leader’s stock, valued at approximately $25,550,000. Teacher Retirement System of Texas owned approximately 0.15% of Qnity Electronics as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Moisand Fitzgerald Tamayo LLC purchased a new stake in Qnity Electronics in the fourth quarter worth about $25,000. Armstrong Advisory Group Inc. purchased a new stake in Qnity Electronics in the fourth quarter worth about $26,000. Provenance Wealth Advisors LLC purchased a new stake in Qnity Electronics in the fourth quarter worth about $27,000. Stephens Consulting LLC purchased a new stake in Qnity Electronics in the fourth quarter worth about $30,000. Finally, Sound Income Strategies LLC purchased a new stake in Qnity Electronics in the fourth quarter worth about $32,000.

Wall Street Analyst Weigh In

Q has been the subject of a number of analyst reports. Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Mizuho set a $120.00 price objective on Qnity Electronics in a research note on Monday, February 23rd. Royal Bank Of Canada upped their price objective on Qnity Electronics from $118.00 to $133.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 25th. Weiss Ratings started coverage on Qnity Electronics in a research note on Thursday, January 22nd. They issued a “hold (c-)” rating for the company. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $126.00 price objective on shares of Qnity Electronics in a research note on Friday, February 20th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $120.86.

Qnity Electronics Stock Up 0.7%

NYSE Q opened at $140.25 on Friday. The company has a market capitalization of $29.39 billion and a price-to-earnings ratio of 76.64. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.95. The stock has a 50-day simple moving average of $119.60. Qnity Electronics, Inc. has a twelve month low of $70.50 and a twelve month high of $146.00.

Qnity Electronics (NYSE:Q) last released its quarterly earnings data on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.18. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.15 billion. The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS. Research analysts expect that Qnity Electronics, Inc. will post 3.78 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. Qnity Electronics’s dividend payout ratio is presently 17.49%.

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.