SG Americas Securities LLC Has $66.28 Million Holdings in Qnity Electronics, Inc. $Q

SG Americas Securities LLC lifted its position in Qnity Electronics, Inc. (NYSE:Q) by 146.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 574,466 shares of the premier technology solutions leader’s stock after buying an additional 340,937 shares during the quarter. SG Americas Securities LLC owned about 0.27% of Qnity Electronics worth $66,282,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Moisand Fitzgerald Tamayo LLC acquired a new stake in Qnity Electronics in the fourth quarter valued at $25,000. Dunhill Financial LLC acquired a new position in shares of Qnity Electronics during the 4th quarter worth about $25,000. Armstrong Advisory Group Inc. bought a new stake in shares of Qnity Electronics in the 4th quarter valued at about $26,000. Motco acquired a new stake in Qnity Electronics in the 4th quarter valued at about $27,000. Finally, Provenance Wealth Advisors LLC bought a new position in Qnity Electronics during the fourth quarter worth about $27,000.

Qnity Electronics Stock Up 3.8%

Qnity Electronics stock opened at $175.35 on Tuesday. The stock has a market cap of $36.71 billion and a P/E ratio of 60.26. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54. Qnity Electronics, Inc. has a twelve month low of $70.50 and a twelve month high of $177.28. The company’s 50-day moving average price is $149.47 and its two-hundred day moving average price is $118.36.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.16. The company had revenue of $1.31 billion for the quarter. Qnity Electronics’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. As a group, analysts expect that Qnity Electronics, Inc. will post 4.08 EPS for the current year.

Qnity Electronics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.00%.

Analyst Upgrades and Downgrades

Q has been the topic of several research analyst reports. Mizuho upped their price objective on Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft set a $180.00 target price on Qnity Electronics in a research note on Wednesday, May 13th. Royal Bank Of Canada boosted their target price on Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. KeyCorp increased their price target on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $151.33.

Qnity Electronics Company Profile

Qnity Electronics is a semiconductor and electronics materials company that develops and supplies products used in advanced technology manufacturing. Its solutions are designed to support the production of devices and components in areas such as semiconductors, interconnects, packaging, and other high-performance electronics applications.

The company’s portfolio includes materials and technologies used in processes that help enable smaller, faster, and more reliable electronic devices.