8,697 Shares in Qnity Electronics, Inc. $Q Acquired by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB purchased a new stake in Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 8,697 shares of the premier technology solutions leader’s stock, valued at approximately $710,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Salem Investment Counselors Inc. acquired a new stake in Qnity Electronics during the fourth quarter worth approximately $333,000. Capital Asset Advisory Services LLC acquired a new position in shares of Qnity Electronics in the 4th quarter valued at $453,000. Appleton Partners Inc. MA acquired a new position in shares of Qnity Electronics in the 4th quarter valued at $309,000. SG Americas Securities LLC purchased a new position in shares of Qnity Electronics in the 4th quarter valued at $19,068,000. Finally, Diversified Trust Co. purchased a new position in shares of Qnity Electronics in the 4th quarter valued at $257,000.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on Q. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $126.00 price target on shares of Qnity Electronics in a research report on Friday, February 20th. Mizuho set a $120.00 price objective on Qnity Electronics in a report on Monday, February 23rd. KeyCorp lifted their target price on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Wall Street Zen raised Qnity Electronics to a “hold” rating in a report on Friday, November 28th. Finally, Weiss Ratings began coverage on Qnity Electronics in a research report on Thursday, January 22nd. They issued a “hold (c-)” rating for the company. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $120.86.

Qnity Electronics Price Performance

Shares of Qnity Electronics stock opened at $120.31 on Thursday. The firm has a fifty day simple moving average of $108.68. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $140.60. The firm has a market cap of $25.22 billion and a PE ratio of 65.74. The company has a quick ratio of 1.46, a current ratio of 1.95 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.18. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.15 billion. The company’s quarterly revenue was up 8.1% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS.

Qnity Electronics Company Profile

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.