ING Groep NV Purchases New Holdings in Qnity Electronics, Inc. $Q

ING Groep NV purchased a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 15,066 shares of the premier technology solutions leader’s stock, valued at approximately $1,230,000.

A number of other large investors also recently bought and sold shares of Q. GAMMA Investing LLC bought a new stake in Qnity Electronics during the 4th quarter valued at about $461,000. Neville Rodie & Shaw Inc. purchased a new position in Qnity Electronics in the fourth quarter worth about $526,000. Investors Research Corp purchased a new position in Qnity Electronics in the fourth quarter worth about $102,000. Board of the Pension Protection Fund purchased a new position in Qnity Electronics in the fourth quarter worth about $73,000. Finally, Canal Capital Management LLC purchased a new position in Qnity Electronics in the fourth quarter worth about $331,000.

Qnity Electronics Stock Performance

Shares of Q stock opened at $144.75 on Wednesday. The company has a 50 day moving average price of $142.43 and a 200-day moving average price of $113.27. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $171.52. The firm has a market capitalization of $30.30 billion and a PE ratio of 49.74. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The company had revenue of $1.32 billion during the quarter. Qnity Electronics’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. As a group, equities research analysts expect that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Dividend Announcement

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

Analyst Upgrades and Downgrades

Q has been the subject of several recent analyst reports. Royal Bank Of Canada lifted their target price on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $165.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Mizuho lifted their target price on shares of Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating 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. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $180.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Company Profile

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.