Roberts Wealth Advisors LLC increased its position in Qnity Electronics, Inc. (NYSE:Q – Free Report) by 79.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,381 shares of the premier technology solutions leader’s stock after buying an additional 14,314 shares during the quarter. Roberts Wealth Advisors LLC’s holdings in Qnity Electronics were worth $4,072,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of Q. Allspring Global Investments Holdings LLC raised its position in Qnity Electronics by 741.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 4,375,735 shares of the premier technology solutions leader’s stock worth $518,787,000 after acquiring an additional 3,855,617 shares in the last quarter. Bank of America Corp DE lifted its holdings in Qnity Electronics by 3.8% in the 1st quarter. Bank of America Corp DE now owns 2,023,288 shares of the premier technology solutions leader’s stock valued at $233,447,000 after acquiring an additional 73,662 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Qnity Electronics by 3.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,661,636 shares of the premier technology solutions leader’s stock valued at $191,569,000 after purchasing an additional 48,629 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Qnity Electronics by 2.9% during the 1st quarter. Bank of New York Mellon Corp now owns 1,334,852 shares of the premier technology solutions leader’s stock valued at $154,015,000 after purchasing an additional 37,842 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in shares of Qnity Electronics by 182.3% in the 1st quarter. The Manufacturers Life Insurance Company now owns 1,168,746 shares of the premier technology solutions leader’s stock worth $134,850,000 after purchasing an additional 754,810 shares during the last quarter.
Insider Activity at Qnity Electronics
In other news, Director Bondt De bought 1,000 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average cost of $138.14 per share, with a total value of $138,140.00. Following the completion of the transaction, the director directly owned 6,647 shares in the company, valued at approximately $918,216.58. The trade was a 17.71% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.15% of the stock is currently owned by insiders.
Qnity Electronics Trading Down 0.2%
Qnity Electronics (NYSE:Q – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.12. The firm had revenue of $1.43 billion for the quarter. Qnity Electronics had a return on equity of 10.83% and a net margin of 11.25%. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. Sell-side analysts forecast that Qnity Electronics, Inc. will post 4.52 earnings per share for the current year.
Analysts Set New Price Targets
A number of research firms recently commented on Q. BMO Capital Markets boosted their target price on shares of Qnity Electronics from $180.00 to $185.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Zacks Research cut shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Weiss Ratings upgraded shares of Qnity Electronics from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday. Royal Bank Of Canada decreased their price target on shares of Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 14th. Finally, Mizuho dropped their price target on Qnity Electronics from $180.00 to $160.00 and set an “outperform” rating on the stock in a report on Thursday, October 1st. Nine 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, Qnity Electronics presently has a consensus rating of “Moderate Buy” and a consensus price target of $155.70.
Check Out Our Latest Research Report on Q
Qnity Electronics Profile
Qnity Electronics is an electronics materials company focused on technologies used in semiconductor manufacturing and advanced electronics production. The company supplies materials and solutions designed to support processes such as wafer fabrication, lithography, chemical-mechanical planarization, cleaning, packaging and interconnect formation.
Qnity’s product portfolio serves semiconductor manufacturers, chip designers, assembly and packaging providers, and other customers across the electronics supply chain.
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