SG Americas Securities LLC Makes New Investment in Qnity Electronics, Inc. $Q

SG Americas Securities LLC bought a new position in Qnity Electronics, Inc. (NYSE:QFree Report) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 233,529 shares of the premier technology solutions leader’s stock, valued at approximately $19,068,000. SG Americas Securities LLC owned 0.11% of Qnity Electronics at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC bought a new position in Qnity Electronics in the fourth quarter worth about $5,403,000. Abner Herrman & Brock LLC bought a new stake in Qnity Electronics during the 4th quarter valued at approximately $592,000. Neville Rodie & Shaw Inc. purchased a new position in shares of Qnity Electronics during the 4th quarter worth approximately $526,000. GAMMA Investing LLC purchased a new position in shares of Qnity Electronics during the 4th quarter worth approximately $461,000. Finally, Canal Capital Management LLC bought a new position in shares of Qnity Electronics in the 4th quarter worth approximately $331,000.

Analysts Set New Price Targets

A number of research analysts have recently commented on Q shares. Zacks Research upgraded Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. Oppenheimer started coverage on Qnity Electronics in a report on Tuesday, December 16th. They issued an “outperform” rating and a $100.00 price objective for the company. Wall Street Zen upgraded shares of Qnity Electronics to a “hold” rating in a report on Friday, November 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $126.00 target price on shares of Qnity Electronics in a research report on Friday, February 20th. Finally, Royal Bank Of Canada increased their price target on shares of Qnity Electronics from $118.00 to $133.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Qnity Electronics presently has a consensus rating of “Buy” and a consensus price target of $120.86.

Get Our Latest Analysis on Qnity Electronics

Qnity Electronics Trading Down 0.9%

Shares of NYSE:Q opened at $111.81 on Friday. The company has a quick ratio of 1.46, a current ratio of 1.95 and a debt-to-equity ratio of 0.54. The company’s fifty day moving average is $109.38. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $140.60. The stock has a market capitalization of $23.44 billion and a PE ratio of 61.10.

Qnity Electronics (NYSE:QGet Free Report) last released its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, topping the consensus estimate of $0.64 by $0.18. The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.15 billion. Qnity Electronics’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.

About Qnity Electronics

(Free Report)

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

See Also

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

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