447,965 Shares in Qnity Electronics, Inc. $Q Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets bought a new position in Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 447,965 shares of the premier technology solutions leader’s stock, valued at approximately $36,576,000. BNP Paribas Financial Markets owned approximately 0.21% of Qnity Electronics at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in Q. GAMMA Investing LLC bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $461,000. Neville Rodie & Shaw Inc. bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $526,000. Investors Research Corp bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $102,000. Board of the Pension Protection Fund bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $73,000. Finally, Canal Capital Management LLC bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $331,000.

Wall Street Analyst Weigh In

Q has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft set a $180.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. The Goldman Sachs Group reissued a “buy” rating and issued a $165.00 target price on shares of Qnity Electronics in a research report 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 downgraded 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 investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Stock Performance

Qnity Electronics stock opened at $155.37 on Thursday. The firm’s 50 day simple moving average is $139.97 and its 200-day simple moving average is $111.42. The company has a market cap of $32.52 billion and a P/E ratio of 53.39. 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, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $171.52.

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

Qnity Electronics Announces Dividend

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

About Qnity Electronics