Daiwa Securities Group Inc. Makes New $2.77 Million Investment in Qnity Electronics, Inc. $Q

Daiwa Securities Group Inc. purchased a new position in Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 33,926 shares of the premier technology solutions leader’s stock, valued at approximately $2,770,000.

Other large investors have also bought and sold shares of the company. Kestra Private Wealth Services LLC acquired a new stake in Qnity Electronics in the fourth quarter worth $769,000. Cohen Klingenstein LLC acquired a new stake in Qnity Electronics in the fourth quarter worth $587,000. KBC Group NV acquired a new stake in Qnity Electronics in the fourth quarter worth $12,189,000. Wesbanco Bank Inc. acquired a new stake in Qnity Electronics in the fourth quarter worth $1,566,000. Finally, Keybank National Association OH acquired a new stake in Qnity Electronics in the fourth quarter worth $6,586,000.

Qnity Electronics Stock Up 0.2%

Shares of NYSE Q opened at $144.75 on Wednesday. The stock has a market capitalization of $30.30 billion and a P/E ratio of 49.74. The company has a 50-day moving average price of $142.43 and a 200-day moving average price of $113.27. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $171.52. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The business had revenue of $1.32 billion for the quarter. The firm’s revenue was up 17.6% compared to the same quarter last year. 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 4.08 EPS for the current fiscal year.

Qnity Electronics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.00%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. KeyCorp lifted their price objective 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. Zacks Research cut shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Finally, Mizuho lifted their price objective 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. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $151.33.

About Qnity Electronics

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