Qnity Electronics, Inc. $Q Shares Acquired by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of Qnity Electronics, Inc. (NYSE:Q) by 389.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 40,561 shares of the premier technology solutions leader’s stock after buying an additional 32,282 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Qnity Electronics were worth $4,680,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in Q. Oregon Public Employees Retirement Fund lifted its position in Qnity Electronics by 0.3% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 24,004 shares of the premier technology solutions leader’s stock worth $2,770,000 after acquiring an additional 77 shares during the period. AMG National Trust Bank increased its holdings in shares of Qnity Electronics by 3.4% in the first quarter. AMG National Trust Bank now owns 2,583 shares of the premier technology solutions leader’s stock valued at $298,000 after purchasing an additional 84 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Qnity Electronics by 71.8% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock worth $25,000 after purchasing an additional 89 shares during the last quarter. First Citizens Bank & Trust Co. raised its stake in shares of Qnity Electronics by 5.5% during the first quarter. First Citizens Bank & Trust Co. now owns 2,948 shares of the premier technology solutions leader’s stock worth $340,000 after purchasing an additional 154 shares during the last quarter. Finally, Patton Fund Management Inc. lifted its holdings in shares of Qnity Electronics by 7.0% during the first quarter. Patton Fund Management Inc. now owns 2,812 shares of the premier technology solutions leader’s stock worth $324,000 after purchasing an additional 185 shares during the period.

Qnity Electronics Trading Down 3.5%

NYSE:Q opened at $123.43 on Thursday. The stock has a fifty day moving average price of $149.25 and a two-hundred day moving average price of $129.93. The stock has a market capitalization of $25.84 billion and a price-to-earnings ratio of 42.42. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $177.28.

Qnity Electronics (NYSE:Q) last released its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The business had revenue of $1.31 billion during the quarter. Qnity Electronics’s quarterly revenue was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. As a group, sell-side analysts anticipate that Qnity Electronics, Inc. will post 4.16 earnings per share for the current fiscal year.

Qnity Electronics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be paid a $0.08 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.32 annualized dividend and a dividend yield of 0.3%. Qnity Electronics’s dividend payout ratio (DPR) is 11.00%.

Analyst Ratings Changes

Q has been the topic of a number of analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. BMO Capital Markets raised their target price on shares of Qnity Electronics from $180.00 to $185.00 and gave the stock an “outperform” rating in a research note on Monday, July 6th. 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. Royal Bank Of Canada dropped 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 note on Tuesday, July 14th. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $151.78.

About Qnity Electronics

Qnity Electronics, Inc is a global electronic materials company serving the semiconductor manufacturing and advanced packaging industries. The company develops and supplies materials and process solutions used in the production of semiconductor devices, integrated circuits and other electronic components.

Its portfolio includes chemical mechanical planarization materials, wafer-cleaning and surface-treatment products, lithography materials, dielectric and metallization solutions, and materials used in semiconductor packaging and interconnect applications.