Swedbank AB Invests $3.94 Million in Qnity Electronics, Inc. $Q

Swedbank AB acquired a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 48,254 shares of the premier technology solutions leader’s stock, valued at approximately $3,940,000.

Other hedge funds have also modified their holdings of the company. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Qnity Electronics during the 4th quarter worth approximately $25,000. Dunhill Financial LLC purchased a new stake in Qnity Electronics during the 4th quarter valued at $25,000. Armstrong Advisory Group Inc. purchased a new stake in Qnity Electronics during the 4th quarter valued at $26,000. Provenance Wealth Advisors LLC purchased a new stake in Qnity Electronics during the 4th quarter valued at $27,000. Finally, Stephens Consulting LLC purchased a new stake in Qnity Electronics during the 4th quarter valued at $30,000.

Wall Street Analyst Weigh In

Q has been the topic of several recent research reports. Weiss Ratings initiated coverage on Qnity Electronics in a report on Thursday, January 22nd. They set a “hold (c-)” rating on the stock. Mizuho set a $120.00 price target on Qnity Electronics in a report on Monday, February 23rd. Royal Bank Of Canada increased their price target on Qnity Electronics from $139.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $170.00 price target on shares of Qnity Electronics in a report on Thursday. Finally, Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $129.57.

Qnity Electronics Stock Up 2.5%

Shares of Qnity Electronics stock opened at $147.24 on Friday. The firm has a fifty day simple moving average of $124.47. The company has a market cap of $30.86 billion and a P/E ratio of 80.46. The company has a quick ratio of 1.46, a current ratio of 1.95 and a debt-to-equity ratio of 0.54. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $151.36.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings data on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, beating the consensus estimate of $0.64 by $0.18. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.15 billion. The firm’s revenue was up 8.1% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS. As a group, research analysts anticipate that Qnity Electronics, Inc. will post 3.78 earnings per share for the current year.

Qnity Electronics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics’s dividend payout ratio is 17.49%.

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.