New Mexico Educational Retirement Board Makes New Investment in Qnity Electronics, Inc. $Q

New Mexico Educational Retirement Board bought a new position in Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 9,523 shares of the premier technology solutions leader’s stock, valued at approximately $778,000.

A number of other large investors have also recently bought and sold shares of the business. Ellevest Inc. bought a new position in Qnity Electronics in the fourth quarter worth about $244,000. SCS Capital Management LLC bought a new position in Qnity Electronics in the fourth quarter worth about $296,000. Kentucky Retirement Systems Insurance Trust Fund bought a new position in Qnity Electronics in the fourth quarter worth about $450,000. Kentucky Retirement Systems bought a new position in Qnity Electronics in the fourth quarter worth about $1,073,000. Finally, Peapack Gladstone Financial Corp bought a new position in Qnity Electronics in the fourth quarter worth about $3,794,000.

Qnity Electronics Stock Performance

Shares of NYSE Q opened at $155.37 on Thursday. 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 has a 50 day simple moving average of $139.97 and a 200-day simple moving average of $111.42. The company has a market cap of $32.52 billion and a PE ratio of 53.39. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $171.52.

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

Qnity Electronics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a dividend of $0.08 per share. The ex-dividend date is Friday, May 29th. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Qnity Electronics’s payout ratio is currently 11.00%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. The Goldman Sachs Group reissued a “buy” rating and issued a $165.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. BMO Capital Markets reissued an “outperform” rating and issued a $180.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Zacks Research cut shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Royal Bank Of Canada boosted their price objective on Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Finally, KeyCorp boosted their price objective on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Qnity Electronics presently has a consensus rating of “Moderate Buy” and a consensus price target of $151.33.

Qnity Electronics Profile