New York State Teachers Retirement System Takes Position in Qnity Electronics, Inc. $Q

New York State Teachers Retirement System purchased a new stake in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 139,218 shares of the premier technology solutions leader’s stock, valued at approximately $11,367,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Vanguard Group Inc. acquired a new position in shares of Qnity Electronics in the 4th quarter valued at about $2,226,626,000. Massachusetts Financial Services Co. MA acquired a new position in shares of Qnity Electronics in the 4th quarter valued at about $125,587,000. UBS Group AG acquired a new position in shares of Qnity Electronics in the 4th quarter valued at about $120,414,000. M&T Bank Corp acquired a new position in shares of Qnity Electronics in the 4th quarter valued at about $65,334,000. Finally, Allspring Global Investments Holdings LLC acquired a new position in shares of Qnity Electronics in the 4th quarter valued at about $44,200,000.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $126.00 price target on shares of Qnity Electronics in a report on Friday, February 20th. Weiss Ratings initiated coverage on shares of Qnity Electronics in a research report on Thursday, January 22nd. They issued a “hold (c-)” rating on the stock. KeyCorp lifted their price objective on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. 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, Mizuho set a $120.00 price objective on shares of Qnity Electronics in a research report on Monday, February 23rd. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $123.29.

Qnity Electronics Stock Down 1.6%

Shares of NYSE:Q opened at $141.02 on Tuesday. The company has a market cap of $29.56 billion and a P/E ratio of 77.06. The firm has a 50-day moving average price of $122.50. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $146.67. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.95.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings data on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.18. The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.15 billion. The company’s revenue was up 8.1% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS. As a group, equities analysts anticipate that Qnity Electronics, Inc. will post 3.78 EPS for the current year.

Qnity Electronics Dividend Announcement

The business also recently declared 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. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s payout ratio is 17.49%.

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.