Clifford Swan Investment Counsel LLC Has $11.79 Million Stock Position in Qnity Electronics, Inc. $Q

Clifford Swan Investment Counsel LLC lowered its position in shares of Qnity Electronics, Inc. (NYSE:Q) by 10.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 72,226 shares of the premier technology solutions leader’s stock after selling 8,357 shares during the quarter. Clifford Swan Investment Counsel LLC’s holdings in Qnity Electronics were worth $11,795,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in Q. First Bancorp Inc ME bought a new position in Qnity Electronics in the second quarter valued at about $32,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings 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 worth $25,000 after purchasing an additional 89 shares during the last quarter. Bank & Trust Co bought a new stake in Qnity Electronics during the 2nd quarter worth about $43,000. Motco acquired a new position in Qnity Electronics during the 4th quarter valued at about $27,000. Finally, Basepoint Wealth LLC acquired a new position in Qnity Electronics during the 1st quarter valued at about $39,000.

Qnity Electronics Price Performance

NYSE Q opened at $119.42 on Tuesday. The business has a 50 day simple moving average of $138.74 and a 200 day simple moving average of $135.66. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $177.28. 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 stock has a market cap of $24.98 billion and a price-to-earnings ratio of 42.65.

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

Qnity Electronics Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Mizuho lifted their price target on shares of Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. The Goldman Sachs Group restated a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. BMO Capital Markets raised their price objective on shares of Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Royal Bank Of Canada lowered their target price on shares of Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating for the company in a report on Tuesday, July 14th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Qnity Electronics in a research report on Wednesday, August 5th. 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.com, Qnity Electronics currently has an average rating of “Buy” and a consensus target price of $151.78.

Insider Transactions at Qnity Electronics

In other news, Director Bondt Karin De purchased 1,000 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were purchased at an average price of $138.14 per share, with a total value of $138,140.00. Following the purchase, the director directly owned 6,647 shares of the company’s stock, valued at $918,216.58. This trade represents a 17.71% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.15% of the company’s stock.

Qnity Electronics Company Profile

Qnity Electronics, Inc (NYSE:Q) is a materials and technology company serving the semiconductor and advanced electronics industries. The company develops materials, components and process solutions used in the manufacture of integrated circuits, electronic interconnects and other high-performance electronic devices.

Its product portfolio includes solutions that support semiconductor fabrication, advanced packaging, wafer processing, surface treatment and interconnect applications. Qnity’s technologies are intended to help electronics manufacturers improve device performance, reliability and production efficiency as chip designs and packaging systems become more complex.

Qnity was established as an independent public company through the separation of DuPont’s Electronics business.