59,454 Shares in Qnity Electronics, Inc. $Q Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd acquired a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) in the first quarter, Holdings Channel reports. The fund acquired 59,454 shares of the premier technology solutions leader’s stock, valued at approximately $6,860,000.

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

Qnity Electronics Stock Up 0.1%

Qnity Electronics stock opened at $141.82 on Friday. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $177.28. The stock has a market cap of $29.69 billion and a price-to-earnings ratio of 48.74. The company’s 50-day moving average price is $153.37 and its two-hundred day moving average price is $122.70. 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 (NYSE:Q) last issued its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The company had revenue of $1.31 billion during the quarter. The firm’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. On average, analysts expect that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Monday, August 31st. Qnity Electronics’s dividend payout ratio is 11.00%.

Wall Street Analyst Weigh In

Q has been the topic of several recent research reports. Royal Bank Of Canada lifted their price objective on shares of Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Mizuho upped their target price on shares of Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft set a $180.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Zacks Research upgraded Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. One 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’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $152.44.

Qnity Electronics Profile