Swedbank AB Acquires New Position in Qnity Electronics, Inc. $Q

Swedbank AB acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 48,254 shares of the premier technology solutions leader’s stock, valued at approximately $3,940,000.

A number of other hedge funds have also recently modified their holdings of the company. Prospera Financial Services Inc purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at about $3,661,000. Coldstream Capital Management Inc. purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at about $345,000. EverSource Wealth Advisors LLC purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at about $83,000. Principle Wealth Partners LLC purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at about $288,000. Finally, Axxcess Wealth Management LLC purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at about $1,085,000.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on Q. Mizuho increased their target price on shares of Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Zacks Research lowered shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Finally, KeyCorp increased their target price on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $151.33.

Qnity Electronics Trading Up 4.8%

Shares of Q stock opened at $164.49 on Wednesday. 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 firm has a market cap of $34.43 billion and a PE ratio of 56.53. The company has a 50-day moving average of $134.72 and a two-hundred day moving average of $108.76. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $171.52.

Qnity Electronics (NYSE:Q) last announced its 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 $1.32 billion for the quarter. The firm’s revenue for the quarter 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, analysts predict that Qnity Electronics, Inc. will post 4.08 EPS for the current year.

Qnity Electronics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics’s dividend payout ratio is currently 11.00%.

About Qnity Electronics

Qnity Electronics is a specialty electronics company that provides products and technologies used in electronic systems and advanced manufacturing applications. The company’s offerings are generally focused on materials, components, and solutions that support the performance, reliability, and miniaturization of electronic devices.

Because reliable public information about Qnity Electronics is limited, a more detailed description of its business segments, geographic reach, and leadership is not readily available.