Eurizon Capital SGR S.p.A. Buys Shares of 431,854 Qnity Electronics, Inc. $Q

Eurizon Capital SGR S.p.A. bought a new stake in Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, HoldingsChannel.com reports. The firm bought 431,854 shares of the premier technology solutions leader’s stock, valued at approximately $35,719,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Qnity Electronics in the 4th quarter valued at $25,000. Dunhill Financial LLC bought a new position in shares of Qnity Electronics in the 4th quarter valued at $25,000. Armstrong Advisory Group Inc. bought a new position in shares of Qnity Electronics in the 4th quarter valued at $26,000. Provenance Wealth Advisors LLC bought a new position in shares of Qnity Electronics in the 4th quarter valued at $27,000. Finally, Motco bought a new position in shares of Qnity Electronics in the 4th quarter valued at $27,000.

Qnity Electronics Stock Performance

NYSE:Q opened at $155.90 on Friday. The stock has a market cap of $32.64 billion and a P/E ratio of 53.57. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54. The stock’s 50-day moving average is $137.41 and its 200-day moving average is $110.00. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $171.52.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The company had revenue of $1.32 billion during the quarter. The company’s revenue for the quarter 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. Equities research analysts anticipate that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Dividend Announcement

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. The ex-dividend date is Friday, May 29th. This represents a $0.32 annualized dividend and a yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.00%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on Q. Mizuho boosted their price target on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. BMO Capital Markets restated an “outperform” rating and set a $180.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. The Goldman Sachs Group restated a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. Finally, Royal Bank Of Canada boosted their price target on Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Qnity Electronics has an average rating of “Moderate Buy” and a consensus target price of $151.33.

About Qnity Electronics

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