426,194 Shares in Qnity Electronics, Inc. $Q Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC bought a new position in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 426,194 shares of the premier technology solutions leader’s stock, valued at approximately $34,889,000. Hsbc Holdings PLC owned approximately 0.20% of Qnity Electronics at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $25,000. Dunhill Financial LLC bought a new position in shares of Qnity Electronics during the 4th quarter valued at $25,000. Armstrong Advisory Group Inc. bought a new position in shares of Qnity Electronics during the 4th quarter valued at $26,000. Motco purchased a new position in Qnity Electronics in the 4th quarter worth $27,000. Finally, Provenance Wealth Advisors LLC purchased a new position in Qnity Electronics in the 4th quarter worth $27,000.

Analyst Upgrades and Downgrades

Several research firms have issued reports on Q. Mizuho upped their price target on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. BMO Capital Markets reiterated an “outperform” rating and issued a $180.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. Royal Bank Of Canada boosted their target price on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Finally, Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Eight equities 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, Qnity Electronics currently has an average rating of “Moderate Buy” and a consensus price target of $151.33.

Qnity Electronics Price Performance

Shares of Qnity Electronics stock opened at $161.27 on Wednesday. The company’s fifty day simple moving average is $150.09 and its two-hundred day simple moving average is $118.93. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $177.28. The firm has a market cap of $33.76 billion and a PE ratio of 55.42. 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 (NYSE:Q) last issued its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, beating the consensus estimate of $0.92 by $0.16. The firm had revenue of $1.31 billion for the quarter. The firm’s quarterly 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. As a group, equities analysts expect that Qnity Electronics, Inc. will post 4.08 EPS for the current year.

Qnity Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Friday, May 29th. Qnity Electronics’s payout ratio is currently 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.