Dayah Capital LLC Sells 24,806 Shares of Qnity Electronics, Inc. $Q

Dayah Capital LLC reduced its holdings in Qnity Electronics, Inc. (NYSE:Q) by 33.0% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 50,425 shares of the premier technology solutions leader’s stock after selling 24,806 shares during the quarter. Qnity Electronics accounts for approximately 2.2% of Dayah Capital LLC’s portfolio, making the stock its 13th largest position. Dayah Capital LLC’s holdings in Qnity Electronics were worth $5,818,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of Q. Bank of America Corp DE boosted its stake in Qnity Electronics by 3.8% in the first 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. Strategic Planning Inc. acquired a new position in shares of Qnity Electronics in the 1st quarter valued at $239,000. Amundi bought a new position in shares of Qnity Electronics in the 1st quarter worth $114,286,000. The Manufacturers Life Insurance Company boosted its position 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. Finally, Quantinno Capital Management LP grew its stake in shares of Qnity Electronics by 19.2% during the first quarter. Quantinno Capital Management LP now owns 252,447 shares of the premier technology solutions leader’s stock worth $29,127,000 after purchasing an additional 40,713 shares during the period.

Analyst Ratings Changes

Q has been the subject of a number of recent analyst reports. Zacks Research upgraded Qnity Electronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Royal Bank Of Canada decreased their target price on Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating for the company in a research report on Tuesday, July 14th. Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. Finally, Mizuho increased their price target on shares of Qnity Electronics from $170.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $151.78.

Qnity Electronics Price Performance

Shares of Q stock opened at $130.73 on Friday. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $177.28. The firm has a market capitalization of $27.37 billion and a price-to-earnings ratio of 44.93. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54. The firm has a fifty day moving average of $148.81 and a 200-day moving average of $130.21.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, topping the consensus estimate of $0.92 by $0.16. The business had revenue of $1.31 billion for the quarter. The business’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. On average, equities research analysts forecast that Qnity Electronics, Inc. will post 4.16 earnings per share for the current year.

Qnity Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Monday, August 31st. Qnity Electronics’s dividend payout ratio is 11.00%.

Qnity Electronics Profile

Qnity Electronics, Inc is a materials and technology company serving the semiconductor and advanced electronics industries. The company develops materials and process solutions used in semiconductor manufacturing, advanced packaging, printed circuit boards and other electronic applications.

Its product portfolio includes materials used in wafer fabrication, lithography, chemical-mechanical planarization, cleaning, metallization and interconnect processes. Qnity also provides technologies designed to support the production of increasingly smaller, faster and more complex electronic devices.

Qnity was established as an independent public company through the separation of DuPont’s Electronics business in 2025.