Qnity Electronics, Inc. $Q Shares Bought by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in shares of Qnity Electronics, Inc. (NYSE:Q) by 98.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 87,737 shares of the premier technology solutions leader’s stock after buying an additional 43,475 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Qnity Electronics were worth $10,123,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

A number of analysts have issued reports on Q shares. 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 report on Wednesday, May 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Mizuho increased their target price on Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $165.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. Finally, Zacks Research upgraded shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Qnity Electronics presently has a consensus rating of “Buy” and a consensus target price of $152.44.

Qnity Electronics Price Performance

Qnity Electronics stock opened at $141.82 on Friday. The firm has a market cap of $29.69 billion and a PE ratio of 48.74. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $177.28. 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 company’s 50 day moving average is $153.37 and its two-hundred day moving average is $122.70.

Qnity Electronics (NYSE:Q) last posted its quarterly 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 business had revenue of $1.31 billion during the quarter. Qnity Electronics’s quarterly 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, research analysts expect that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Monday, August 31st. Qnity Electronics’s dividend payout ratio is presently 11.00%.

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.