North Dakota State Investment Board Invests $586,000 in Qnity Electronics, Inc. $Q

North Dakota State Investment Board purchased a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 7,177 shares of the premier technology solutions leader’s stock, valued at approximately $586,000.

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

Qnity Electronics Stock Performance

Shares of NYSE Q opened at $152.71 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12. The company has a market cap of $31.97 billion and a P/E ratio of 52.48. The firm’s fifty day moving average is $131.79 and its two-hundred day moving average is $107.48. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $171.52.

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

Qnity Electronics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be issued 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 11.00%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on Q. BMO Capital Markets reiterated an “outperform” rating and set a $180.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Mizuho lifted their target price on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Zacks Research cut shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Royal Bank Of Canada lifted their target price on shares of Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $151.33.

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.