E20 Capital Ltd Acquires New Shares in Qnity Electronics, Inc. $Q

E20 Capital Ltd bought a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 46,264 shares of the premier technology solutions leader’s stock, valued at approximately $5,338,000. Qnity Electronics accounts for about 0.5% of E20 Capital Ltd’s portfolio, making the stock its 22nd biggest holding.

Several other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. purchased a new position in shares of Qnity Electronics in the fourth quarter valued at $2,226,626,000. State Street Corp purchased a new stake in Qnity Electronics during the 4th quarter worth about $728,894,000. Geode Capital Management LLC purchased a new stake in Qnity Electronics during the 4th quarter worth about $435,786,000. Invesco Ltd. purchased a new stake in Qnity Electronics during the 4th quarter worth about $385,057,000. Finally, Allspring Global Investments Holdings LLC boosted its stake in Qnity Electronics by 741.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 4,375,735 shares of the premier technology solutions leader’s stock worth $518,787,000 after purchasing an additional 3,855,617 shares during the period.

Analysts Set New Price Targets

A number of research firms have weighed in on Q. Zacks Research raised Qnity Electronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Mizuho increased their price target on shares of Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Royal Bank Of Canada cut their price objective on shares of Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating for the company in a research report on Tuesday, July 14th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $151.78.

Qnity Electronics Price Performance

NYSE:Q opened at $130.73 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 fifty day moving average of $148.81 and a 200 day moving average of $130.21. 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 firm has a market capitalization of $27.37 billion and a price-to-earnings ratio of 44.93.

Qnity Electronics (NYSE:Q) last announced its 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 business had revenue of $1.31 billion during the quarter. The business’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, research analysts expect that Qnity Electronics, Inc. will post 4.16 EPS for the current fiscal year.

Qnity Electronics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Qnity Electronics’s payout ratio is presently 11.00%.

Qnity Electronics Company Profile

Qnity Electronics, Inc (NYSE: Q) is a global electronic materials company serving the semiconductor and advanced electronics industries. The company develops and supplies materials used in the fabrication, packaging and performance of semiconductor devices and other highly engineered electronic components.

Its offerings include materials and technologies for wafer processing, interconnects, advanced packaging, thermal management and related manufacturing applications. These products are designed to support semiconductor manufacturers and electronics companies as they develop smaller, faster and more power-efficient devices.

Qnity was established as an independent publicly traded company following the separation of DuPont’s Electronics business.