Livforsakringsbolaget Skandia Omsesidigt Increases Stake in Qnity Electronics, Inc. $Q

Livforsakringsbolaget Skandia Omsesidigt increased its stake in Qnity Electronics, Inc. (NYSE:Q) by 2,285.2% in the first quarter, Holdings Channel.com reports. The institutional investor owned 37,471 shares of the premier technology solutions leader’s stock after acquiring an additional 35,900 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Qnity Electronics were worth $4,323,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Moisand Fitzgerald Tamayo LLC bought a new stake in Qnity Electronics during the 4th quarter valued at approximately $25,000. Dunhill Financial LLC bought a new position in shares of Qnity Electronics in the 4th quarter worth approximately $25,000. Armstrong Advisory Group Inc. bought a new position in shares of Qnity Electronics in the 4th quarter worth approximately $26,000. Motco purchased a new position in shares of Qnity Electronics in the 4th quarter valued at approximately $27,000. Finally, Provenance Wealth Advisors LLC purchased a new position in shares of Qnity Electronics in the 4th quarter valued at approximately $27,000.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on Q. BMO Capital Markets lifted their price target on Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on Qnity Electronics in a research report on Wednesday, May 13th. The Goldman Sachs Group restated a “buy” rating and set a $165.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Finally, Mizuho upped their target price on shares of Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $151.78.

Qnity Electronics Stock Performance

Shares of Q opened at $141.39 on Wednesday. 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 business’s 50 day moving average price is $153.46 and its 200-day moving average price is $126.11. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $177.28. The stock has a market cap of $29.60 billion and a P/E ratio of 48.59.

Qnity Electronics (NYSE:Q) last posted its quarterly 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 company had revenue of $1.31 billion during the quarter. The company’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. Equities research analysts anticipate that Qnity Electronics, Inc. will post 4.15 earnings per share for the current fiscal year.

Qnity Electronics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a dividend of $0.08 per share. The ex-dividend date is Monday, August 31st. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.00%.

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.