Qnity Electronics, Inc. $Q Shares Sold by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB cut its holdings in Qnity Electronics, Inc. (NYSE:Q) by 46.0% during the 1st quarter, Holdings Channel.com reports. The fund owned 4,697 shares of the premier technology solutions leader’s stock after selling 4,000 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Qnity Electronics were worth $542,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. GAMMA Investing LLC bought a new position in shares of Qnity Electronics during the 4th quarter valued at about $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 acquired a new stake in Qnity Electronics during the fourth quarter valued at approximately $102,000. Board of the Pension Protection Fund acquired a new stake in Qnity Electronics during the fourth quarter valued at approximately $73,000. Finally, Canal Capital Management LLC bought a new stake in Qnity Electronics during the fourth quarter worth approximately $331,000.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. KeyCorp upped their price target on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Deutsche Bank Aktiengesellschaft set a $180.00 target price on 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 stock an “outperform” rating in a research report on Wednesday, May 13th. Mizuho upped their target price on Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $151.33.

Qnity Electronics Stock Up 3.8%

Shares of NYSE:Q opened at $175.35 on Tuesday. The firm has a 50 day simple moving average of $149.47 and a 200 day simple moving average of $118.36. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $177.28. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12. The company has a market cap of $36.71 billion and a PE ratio of 60.26.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings data 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 $1.31 billion for the quarter. The business’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. As a group, research analysts expect that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Announces Dividend

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

About Qnity Electronics

Qnity Electronics is a specialty materials and technology company focused on enabling advanced electronics manufacturing. The company develops and supplies materials used in the production of semiconductors, circuit boards, packaging, and other electronic components, serving customers that operate in high-performance and precision-driven markets.

Its portfolio includes products designed to support areas such as interconnect, packaging, and other electronic applications where reliability, miniaturization, and thermal or electrical performance are important.