Eurizon Capital SGR S.p.A. Takes $35.72 Million Position in Qnity Electronics, Inc. $Q

Eurizon Capital SGR S.p.A. acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 431,854 shares of the premier technology solutions leader’s stock, valued at approximately $35,719,000. Eurizon Capital SGR S.p.A. owned about 0.21% of Qnity Electronics at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC acquired a new stake in Qnity Electronics during the 4th quarter valued at $25,000. Dunhill Financial LLC acquired a new stake in Qnity Electronics during the 4th quarter valued at $25,000. Armstrong Advisory Group Inc. acquired a new stake in Qnity Electronics during the 4th quarter valued at $26,000. Motco acquired a new stake in Qnity Electronics during the 4th quarter valued at $27,000. Finally, Provenance Wealth Advisors LLC acquired a new stake in Qnity Electronics during the 4th quarter valued at $27,000.

Qnity Electronics Stock Down 1.9%

Shares of NYSE Q opened at $155.90 on Friday. 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, Inc. has a 52 week low of $70.50 and a 52 week high of $171.52. The stock has a market capitalization of $32.64 billion and a P/E ratio of 53.57. The stock’s fifty day moving average is $137.41 and its 200 day moving average is $110.00.

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

Qnity Electronics Dividend Announcement

The firm 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 $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s payout ratio is currently 11.00%.

Analysts Set New Price Targets

Q has been the topic of several recent research reports. Mizuho increased their price objective on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. BMO Capital Markets reiterated an “outperform” rating and set a $180.00 price objective on shares of Qnity Electronics in a research report on Wednesday, May 13th. Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. KeyCorp increased their price objective on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 price objective on Qnity Electronics in a research 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 company’s stock. According to MarketBeat, the stock 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.