Commonwealth of Pennsylvania Public School Empls Retrmt SYS Takes Position in Qnity Electronics, Inc. $Q

Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 48,716 shares of the premier technology solutions leader’s stock, valued at approximately $3,978,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Kestra Private Wealth Services LLC purchased a new position in shares of Qnity Electronics during the 4th quarter valued at $769,000. Cohen Klingenstein LLC purchased a new position in shares of Qnity Electronics during the 4th quarter valued at $587,000. KBC Group NV purchased a new position in shares of Qnity Electronics during the 4th quarter valued at $12,189,000. Delta Capital Management LLC purchased a new position in shares of Qnity Electronics during the 4th quarter valued at $1,141,000. Finally, Wesbanco Bank Inc. purchased a new position in shares of Qnity Electronics during the 4th quarter valued at $1,566,000.

Wall Street Analyst Weigh In

Several research firms have recently commented on Q. BMO Capital Markets restated an “outperform” rating and set a $180.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. Mizuho boosted their price target on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. KeyCorp boosted their price target on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Stock Performance

Q opened at $155.37 on Thursday. The company has a market cap of $32.52 billion and a PE ratio of 53.39. The stock has a 50-day moving average of $139.97 and a 200-day moving average of $111.42. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $171.52. 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 (NYSE:Q) last released 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 company had revenue of $1.32 billion for the quarter. The firm’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, equities research analysts forecast that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s dividend payout ratio is 11.00%.

Qnity Electronics Profile

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