Northwestern Mutual Investment Management Company LLC Makes New Investment in Qnity Electronics, Inc. $Q

Northwestern Mutual Investment Management Company LLC bought a new position in Qnity Electronics, Inc. (NYSE:QFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 6,692 shares of the premier technology solutions leader’s stock, valued at approximately $546,000.

Several other large investors have also modified their holdings of the company. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Qnity Electronics during the 4th quarter worth $25,000. Dunhill Financial LLC bought a new stake in shares of Qnity Electronics during the 4th quarter worth $25,000. Armstrong Advisory Group Inc. bought a new stake in shares of Qnity Electronics during the 4th quarter worth $26,000. Provenance Wealth Advisors LLC bought a new stake in shares of Qnity Electronics during the 4th quarter worth $27,000. Finally, Stephens Consulting LLC bought a new stake in shares of Qnity Electronics during the 4th quarter worth $30,000.

Analysts Set New Price Targets

Several analysts recently issued reports on Q shares. KeyCorp upped their price objective on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. BMO Capital Markets reaffirmed an “outperform” rating and set a $180.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. Zacks Research downgraded shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Royal Bank Of Canada upped their price objective on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $151.33.

Read Our Latest Stock Analysis on Qnity Electronics

Qnity Electronics Price Performance

Shares of Qnity Electronics stock opened at $148.88 on Tuesday. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $171.52. The firm has a fifty day moving average of $129.54. The company has a market cap of $31.17 billion and a P/E ratio of 81.36.

Qnity Electronics (NYSE:QGet Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The company had revenue of $1.32 billion during the quarter. The firm’s quarterly revenue was up 17.6% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. Analysts expect that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

The business 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 $0.08 dividend. 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 17.49%.

Qnity Electronics Profile

(Free Report)

Qnity Electronics is a global electronics company focused on advanced materials and technologies used in the semiconductor and electronics industries. The company develops products and solutions that help enable chip manufacturing, packaging, interconnects, and other critical processes involved in building modern electronic devices.

Its portfolio includes specialty materials and performance products designed to support customers in areas such as microelectronics, advanced packaging, and related industrial applications.

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

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