NewEdge Advisors LLC Has $4.65 Million Holdings in Qnity Electronics, Inc. $Q

NewEdge Advisors LLC grew its holdings in Qnity Electronics, Inc. (NYSE:Q) by 22.0% in the 2nd quarter, Holdings Channel reports. The fund owned 28,453 shares of the premier technology solutions leader’s stock after purchasing an additional 5,129 shares during the quarter. NewEdge Advisors LLC’s holdings in Qnity Electronics were worth $4,647,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. First Bancorp Inc ME bought a new position in Qnity Electronics during the second quarter worth $32,000. Markowski Investments bought a new stake in Qnity Electronics in the 2nd quarter valued at $33,000. NBH Bank bought a new stake in Qnity Electronics in the 2nd quarter valued at $34,000. Annis Gardner Whiting Capital Advisors LLC grew its position in Qnity Electronics by 71.8% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock worth $25,000 after purchasing an additional 89 shares during the last quarter. Finally, Bank & Trust Co acquired a new stake in Qnity Electronics in the 2nd quarter worth $43,000.

Qnity Electronics Stock Down 7.2%

Q opened at $117.29 on Tuesday. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $177.28. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.01 and a quick ratio of 1.50. The firm’s fifty day moving average price is $131.90 and its two-hundred day moving average price is $136.24. The company has a market capitalization of $24.54 billion and a P/E ratio of 41.89.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings data on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.12. The company had revenue of $1.43 billion during the quarter. Qnity Electronics had a net margin of 11.25% and a return on equity of 10.83%. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. On average, analysts anticipate that Qnity Electronics, Inc. will post 4.52 EPS for the current year.

Qnity Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a dividend of $0.08 per share. The ex-dividend date is Monday, August 31st. This represents a $0.32 dividend on an annualized basis and a yield of 0.3%. Qnity Electronics’s dividend payout ratio (DPR) is currently 11.43%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on Q shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Qnity Electronics in a research report on Wednesday, August 5th. Weiss Ratings raised Qnity Electronics from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, September 9th. BMO Capital Markets boosted their price target on Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Mizuho upped their price target on Qnity Electronics from $170.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Finally, Zacks Research raised Qnity Electronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. One equities research 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $151.78.

Insider Buying and Selling

In related news, Director Bondt De acquired 1,000 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were bought at an average cost of $138.14 per share, with a total value of $138,140.00. Following the completion of the acquisition, the director owned 6,647 shares of the company’s stock, valued at $918,216.58. This trade represents a 17.71% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.15% of the stock is currently owned by corporate insiders.

Qnity Electronics Profile

Qnity Electronics, Inc is a global materials and solutions provider serving the semiconductor and broader electronics industries. The company develops specialized materials and technologies used in the manufacture, packaging and performance of advanced electronic devices.

Its offerings include semiconductor fabrication materials, electronic and interconnect materials, advanced packaging solutions, and other products designed to support chip production and high-performance electronics. These products are used across applications such as computing, communications, automotive electronics and other technology markets.

Qnity was formed from DuPont’s former Electronics business as part of DuPont’s separation of the unit.