DT Investment Partners LLC Takes Position in Qnity Electronics, Inc. $Q

DT Investment Partners LLC purchased a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 5,020 shares of the premier technology solutions leader’s stock, valued at approximately $410,000.

Other hedge funds have also added to or reduced their stakes in the company. Kestra Private Wealth Services LLC acquired a new position in Qnity Electronics during the 4th quarter valued at about $769,000. Cohen Klingenstein LLC acquired a new position in Qnity Electronics during the 4th quarter valued at about $587,000. KBC Group NV acquired a new position in Qnity Electronics during the 4th quarter valued at about $12,189,000. Delta Capital Management LLC acquired a new position in Qnity Electronics during the 4th quarter valued at about $1,141,000. Finally, Keybank National Association OH acquired a new position in Qnity Electronics during the 4th quarter valued at about $6,586,000.

Qnity Electronics Price Performance

Qnity Electronics stock opened at $155.90 on Friday. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $171.52. The company’s 50 day moving average price is $137.41 and its two-hundred day moving average price is $110.00. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54. The stock has a market cap of $32.64 billion and a P/E ratio of 53.57.

Qnity Electronics (NYSE:Q) last posted its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, topping the consensus estimate of $0.92 by $0.16. The firm had revenue of $1.32 billion for the quarter. The company’s 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. On average, equities analysts predict that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Announces Dividend

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

Analysts Set New Price Targets

Q has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft set a $180.00 price target on Qnity Electronics in a research note on Wednesday, May 13th. BMO Capital Markets reiterated an “outperform” rating and set a $180.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Mizuho lifted their target price on shares of Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Zacks Research cut shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, Royal Bank Of Canada lifted their target price on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating 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 stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.