National Pension Service lifted its position in shares of Qnity Electronics, Inc. (NYSE:Q – Free Report) by 431.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 425,609 shares of the premier technology solutions leader’s stock after purchasing an additional 345,493 shares during the quarter. National Pension Service’s holdings in Qnity Electronics were worth $69,506,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Engineers Gate Manager LP increased its position in shares of Qnity Electronics by 242.4% in the 2nd quarter. Engineers Gate Manager LP now owns 73,503 shares of the premier technology solutions leader’s stock valued at $12,004,000 after buying an additional 52,035 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake in Qnity Electronics by 2.2% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 9,969 shares of the premier technology solutions leader’s stock worth $1,628,000 after buying an additional 210 shares during the period. RFG Advisory LLC bought a new position in Qnity Electronics during the second quarter worth about $246,000. NewEdge Advisors LLC lifted its holdings in Qnity Electronics by 22.0% during the second quarter. NewEdge Advisors LLC now owns 28,453 shares of the premier technology solutions leader’s stock worth $4,647,000 after acquiring an additional 5,129 shares in the last quarter. Finally, Mraz Amerine & Associates Inc. grew its stake in Qnity Electronics by 7.2% in the second quarter. Mraz Amerine & Associates Inc. now owns 6,440 shares of the premier technology solutions leader’s stock valued at $1,052,000 after acquiring an additional 431 shares during the period.
Analysts Set New Price Targets
Several brokerages have issued reports on Q. Royal Bank Of Canada lowered their price target on Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating for the company in a report on Tuesday, July 14th. Zacks Research upgraded Qnity Electronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Qnity Electronics in a research report on Wednesday, August 5th. Mizuho increased their target price on Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Finally, Weiss Ratings upgraded shares of Qnity Electronics from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $151.78.
Insider Activity
In other news, Director Bondt De bought 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average price of $138.14 per share, with a total value of $138,140.00. Following the transaction, the director owned 6,647 shares in the company, valued at $918,216.58. This represents a 17.71% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.15% of the company’s stock.
Qnity Electronics Price Performance
Shares of NYSE Q opened at $126.40 on Friday. The firm has a market cap of $26.44 billion and a PE ratio of 45.14. 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 company has a fifty day moving average price of $132.49 and a 200 day moving average price of $136.06.
Qnity Electronics (NYSE:Q – Get Free Report) last released its earnings results on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share (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 firm had revenue of $1.43 billion during the quarter. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. Research analysts predict that Qnity Electronics, Inc. will post 4.52 earnings per share for the current fiscal year.
Qnity Electronics Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a dividend of $0.08 per share. The ex-dividend date is Monday, August 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.3%. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.43%.
Qnity Electronics Profile
Qnity Electronics, Inc is a global materials and solutions provider serving the semiconductor and broader electronics industries. The company develops specialized materials and technologies used in the manufacture, packaging and performance of advanced electronic devices.
Its offerings include semiconductor fabrication materials, electronic and interconnect materials, advanced packaging solutions, and other products designed to support chip production and high-performance electronics. These products are used across applications such as computing, communications, automotive electronics and other technology markets.
Qnity was formed from DuPont’s former Electronics business as part of DuPont’s separation of the unit.
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