Intellectus Partners LLC Takes $422,000 Position in Qnity Electronics, Inc. $Q

Intellectus Partners LLC acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 5,169 shares of the premier technology solutions leader’s stock, valued at approximately $422,000.

Several other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. acquired a new stake in shares of Qnity Electronics in the fourth quarter valued at $2,226,626,000. Geode Capital Management LLC acquired a new stake in shares of Qnity Electronics in the fourth quarter valued at $435,786,000. Norges Bank acquired a new stake in shares of Qnity Electronics in the fourth quarter valued at $187,700,000. Massachusetts Financial Services Co. MA acquired a new stake in shares of Qnity Electronics in the fourth quarter valued at $125,587,000. Finally, UBS Group AG acquired a new stake in shares of Qnity Electronics in the fourth quarter valued at $120,414,000.

Wall Street Analysts Forecast Growth

Q has been the topic of several analyst reports. BMO Capital Markets reiterated an “outperform” rating and issued a $180.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft set a $180.00 price target on Qnity Electronics in a research note on Wednesday, May 13th. Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. KeyCorp raised their price target on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Stock Down 0.2%

Qnity Electronics stock opened at $154.68 on Friday. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $171.52. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. The stock has a market cap of $32.38 billion and a PE ratio of 53.16. The stock’s fifty day moving average is $140.70 and its two-hundred day moving average is $111.92.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The business had revenue of $1.32 billion during the quarter. The business’s 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, sell-side analysts expect that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.00%.

About Qnity Electronics

Qnity Electronics is an electronics company that develops and supplies products and solutions for use in a range of technology applications. Its business is centered on electronic components and related offerings designed to support customers in industrial, commercial, and other technical environments.

The company’s products and services are typically associated with enabling electronic systems, supporting performance, reliability, and integration across applications that require specialized electronic solutions.