Plato Investment Management Ltd Buys Shares of 5,599 Qnity Electronics, Inc. $Q

Plato Investment Management Ltd purchased a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 5,599 shares of the premier technology solutions leader’s stock, valued at approximately $459,000.

A number of other hedge funds and other institutional investors have also modified their holdings of Q. Kestra Private Wealth Services LLC bought a new stake in shares of Qnity Electronics during the 4th quarter worth about $769,000. Cohen Klingenstein LLC bought a new position in shares of Qnity Electronics in the 4th quarter valued at approximately $587,000. KBC Group NV acquired a new stake in Qnity Electronics in the 4th quarter worth approximately $12,189,000. Delta Capital Management LLC acquired a new stake in Qnity Electronics in the 4th quarter worth approximately $1,141,000. Finally, PFG Investments LLC bought a new stake in Qnity Electronics during the fourth quarter worth approximately $831,000.

Qnity Electronics Price Performance

Q stock opened at $154.04 on Tuesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.95 and a quick ratio of 1.46. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $156.53. The company’s 50-day moving average price is $125.60. The company has a market capitalization of $32.28 billion and a PE ratio of 84.18.

Qnity Electronics (NYSE:Q) last released its quarterly earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.18. The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.15 billion. The business’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. Equities 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. Shareholders of record on Friday, May 29th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s dividend payout ratio is 17.49%.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday. KeyCorp lifted their price target on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $170.00 price target on shares of Qnity Electronics in a research report on Thursday. Mizuho set a $120.00 price target on shares of Qnity Electronics in a research report on Monday, February 23rd. Finally, Royal Bank Of Canada lifted their price target on shares of Qnity Electronics from $139.00 to $150.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $129.57.

Qnity Electronics Profile

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