Janus Henderson Group PLC Sells 6,738 Shares of Qnity Electronics, Inc. $Q

Janus Henderson Group PLC cut its stake in Qnity Electronics, Inc. (NYSE:Q) by 1.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 341,662 shares of the premier technology solutions leader’s stock after selling 6,738 shares during the period. Janus Henderson Group PLC owned 0.16% of Qnity Electronics worth $39,424,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of Q. Dunhill Financial LLC bought a new position in shares of Qnity Electronics in the 4th quarter worth approximately $25,000. Annis Gardner Whiting Capital Advisors LLC lifted its position in Qnity Electronics by 71.8% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock valued at $25,000 after buying an additional 89 shares during the period. Provenance Wealth Advisors LLC bought a new stake in shares of Qnity Electronics during the 4th quarter valued at $27,000. Motco bought a new stake in shares of Qnity Electronics during the 4th quarter valued at $27,000. Finally, Covestor Ltd purchased a new stake in shares of Qnity Electronics in the 4th quarter worth about $28,000.

Qnity Electronics Price Performance

Shares of NYSE:Q opened at $131.74 on Monday. The business has a fifty day moving average price of $148.31 and a 200-day moving average price of $130.50. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. The company has a market capitalization of $27.58 billion and a PE ratio of 45.27. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $177.28.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.31 billion during the quarter. The company’s 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. As a group, equities analysts expect that Qnity Electronics, Inc. will post 4.16 EPS for the current fiscal year.

Qnity Electronics Dividend Announcement

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

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Zacks Research upgraded shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. The Goldman Sachs Group reiterated a “buy” rating and set a $165.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Finally, Mizuho lifted their target price on shares of Qnity Electronics from $170.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. One 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. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $151.78.

Qnity Electronics Profile

Qnity Electronics, Inc (NYSE:Q) is a global provider of materials, components and process solutions for the semiconductor and advanced electronics industries. The company supplies products used throughout electronics manufacturing, from wafer fabrication and lithography to interconnect, advanced packaging and thermal-management applications.

Its portfolio includes semiconductor materials and consumables such as chemical-mechanical planarization products, specialty chemicals, dielectric and metallization materials, cleaning solutions, and packaging technologies.