Public Employees Retirement System of Ohio Invests $16.73 Million in Qnity Electronics, Inc. $Q

Public Employees Retirement System of Ohio purchased a new position in shares of Qnity Electronics, Inc. (NYSE:Q) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 102,472 shares of the premier technology solutions leader’s stock, valued at approximately $16,735,000.

A number of other large investors also recently modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC raised its stake in Qnity Electronics by 71.8% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock valued at $25,000 after acquiring an additional 89 shares during the last quarter. Motco purchased a new position in shares of Qnity Electronics in the 4th quarter valued at approximately $27,000. Covestor Ltd acquired a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $28,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter worth approximately $29,000. Finally, Essex Investment Management Co. LLC acquired a new stake in shares of Qnity Electronics during the fourth quarter worth $29,000.

Insider Activity at Qnity Electronics

In other news, Director Bondt Karin De purchased 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average cost of $138.14 per share, for a total transaction of $138,140.00. Following the transaction, the director directly owned 6,647 shares of the company’s stock, valued at approximately $918,216.58. The trade was a 17.71% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. 0.15% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. BMO Capital Markets increased their target price on Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Zacks Research raised shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Qnity Electronics in a research report on Wednesday, August 5th. The Goldman Sachs Group reissued a “buy” rating and set a $165.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. Finally, Mizuho upped their target price on shares of Qnity Electronics from $170.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $151.78.

Qnity Electronics Stock Down 4.6%

Qnity Electronics stock opened at $120.55 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.50 and a current ratio of 2.01. The firm has a market cap of $25.22 billion and a PE ratio of 43.05. Qnity Electronics, Inc. has a twelve month low of $70.50 and a twelve month high of $177.28. The firm’s 50 day moving average price is $139.86 and its two-hundred day moving average price is $135.38.

Qnity Electronics (NYSE:Q) last issued its earnings results on Tuesday, August 4th. The premier technology solutions leader reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.12. The business had revenue of $1.43 billion during the quarter. Qnity Electronics had a return on equity of 10.83% and a net margin of 11.25%.Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. On average, research analysts predict that Qnity Electronics, Inc. will post 4.52 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Monday, August 31st. Qnity Electronics’s dividend payout ratio is currently 11.43%.

Qnity Electronics Profile

Qnity Electronics, Inc (NYSE: Q) is a global materials and solutions provider serving the semiconductor and advanced electronics industries. The company develops technologies used throughout the semiconductor manufacturing process, including materials that support wafer fabrication, advanced packaging and the production of increasingly complex electronic devices.

Its product portfolio includes semiconductor fabrication and packaging materials such as chemical mechanical planarization products, photoresists, dielectric and metallization materials, specialty chemicals, and thermal-management solutions.