Telligent Fund LP Makes New Investment in Qnity Electronics, Inc. $Q

Telligent Fund LP bought a new position in shares of Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 16,000 shares of the premier technology solutions leader’s stock, valued at approximately $1,306,000. Qnity Electronics accounts for 1.5% of Telligent Fund LP’s investment portfolio, making the stock its 19th biggest position.

Other large investors have also recently made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Qnity Electronics in the fourth quarter worth $25,000. Dunhill Financial LLC bought a new position in shares of Qnity Electronics in the fourth quarter worth $25,000. Armstrong Advisory Group Inc. bought a new position in shares of Qnity Electronics in the fourth quarter worth $26,000. Provenance Wealth Advisors LLC bought a new position in shares of Qnity Electronics in the fourth quarter worth $27,000. Finally, Motco bought a new position in shares of Qnity Electronics in the fourth quarter worth $27,000.

Qnity Electronics Trading Down 0.1%

Shares of Qnity Electronics stock opened at $159.03 on Friday. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $171.52. The firm has a market cap of $33.29 billion and a PE ratio of 54.65. 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 company has a 50 day simple moving average of $136.57 and a two-hundred day simple moving average of $109.68.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings results 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 firm had revenue of $1.32 billion for the quarter. Qnity Electronics’s revenue for the quarter was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. Analysts expect that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be paid 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 yield of 0.2%. Qnity Electronics’s payout ratio is 11.00%.

Analysts Set New Price Targets

Q has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on shares of Qnity Electronics in a research report on Wednesday, May 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. BMO Capital Markets reissued an “outperform” rating and set a $180.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, Royal Bank Of Canada lifted their price objective on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price 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.