TD Asset Management Inc Acquires Shares of 86,107 Qnity Electronics, Inc. $Q

TD Asset Management Inc acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 86,107 shares of the premier technology solutions leader’s stock, valued at approximately $7,031,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of Q. Moisand Fitzgerald Tamayo LLC bought a new stake in Qnity Electronics in the fourth quarter valued at approximately $25,000. Dunhill Financial LLC acquired a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $25,000. Armstrong Advisory Group Inc. acquired a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $26,000. Provenance Wealth Advisors LLC acquired a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $27,000. Finally, Motco acquired a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $27,000.

Analyst Upgrades and Downgrades

Q has been the topic of several research reports. Royal Bank Of Canada upped their target price on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft set a $180.00 target price on Qnity Electronics in a research report on Wednesday, May 13th. Zacks Research downgraded Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Mizuho increased their price target on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $151.33.

Qnity Electronics Stock Up 0.2%

Shares of Q opened at $144.75 on Wednesday. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $171.52. The stock has a market capitalization of $30.30 billion and a price-to-earnings ratio of 49.74. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12. The stock has a fifty day moving average of $142.43 and a 200-day moving average of $113.27.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.32 billion during the quarter. Qnity Electronics’s 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. As a group, sell-side analysts anticipate that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s dividend payout ratio is presently 11.00%.

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.