Clifford Swan Investment Counsel LLC Invests $8.26 Million in Qnity Electronics, Inc. $Q

Clifford Swan Investment Counsel LLC acquired a new position in Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 101,144 shares of the premier technology solutions leader’s stock, valued at approximately $8,258,000.

A number of other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. acquired a new stake in Qnity Electronics during the 4th quarter worth about $2,226,626,000. Geode Capital Management LLC acquired a new stake in Qnity Electronics during the 4th quarter worth about $435,786,000. Norges Bank acquired a new stake in Qnity Electronics during the 4th quarter worth about $187,700,000. Massachusetts Financial Services Co. MA acquired a new stake in Qnity Electronics during the 4th quarter worth about $125,587,000. Finally, UBS Group AG acquired a new stake in Qnity Electronics during the 4th quarter worth about $120,414,000.

Qnity Electronics Price Performance

Shares of Qnity Electronics stock opened at $154.68 on Friday. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54. Qnity Electronics, Inc. has a twelve month low of $70.50 and a twelve month high of $171.52. The business has a 50-day moving average price of $140.70 and a 200 day moving average price of $111.92. The firm has a market cap of $32.38 billion and a PE ratio of 53.16.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.16. The business had revenue of $1.32 billion during the quarter. The firm’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. Sell-side analysts predict that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Dividend Announcement

The company also recently disclosed 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. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s payout ratio is 11.00%.

Analyst Upgrades and Downgrades

A number of analysts have commented on Q shares. Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft set a $180.00 price target on Qnity Electronics in a research report on Wednesday, May 13th. KeyCorp lifted their price target on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. BMO Capital Markets reaffirmed an “outperform” rating and set a $180.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $151.33.

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.