Dimensional Fund Advisors LP Increases Stock Holdings in Qnity Electronics, Inc. $Q

Dimensional Fund Advisors LP raised its position in shares of Qnity Electronics, Inc. (NYSE:Q) by 3.0% during the first quarter, HoldingsChannel reports. The fund owned 1,661,636 shares of the premier technology solutions leader’s stock after acquiring an additional 48,629 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Qnity Electronics were worth $191,569,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Kestra Private Wealth Services LLC bought a new stake in shares of Qnity Electronics in the fourth quarter valued at about $769,000. Cohen Klingenstein LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter valued at about $587,000. Wesbanco Bank Inc. purchased a new position in shares of Qnity Electronics in the 4th quarter worth approximately $1,566,000. Delta Capital Management LLC bought a new position in shares of Qnity Electronics during the 4th quarter worth approximately $1,141,000. Finally, Keybank National Association OH purchased a new position in Qnity Electronics during the 4th quarter worth $6,586,000.

Analysts Set New Price Targets

A number of analysts have commented on the company. The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft set a $180.00 target price on Qnity Electronics in a research report on Wednesday, May 13th. Zacks Research raised shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Finally, Royal Bank Of Canada decreased their target price on Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $151.78.

Qnity Electronics Price Performance

Qnity Electronics stock opened at $134.97 on Friday. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $177.28. The company has a fifty day simple moving average of $150.51 and a 200-day simple moving average of $128.83. The stock has a market cap of $28.25 billion and a P/E ratio of 46.38.

Qnity Electronics (NYSE:Q) last released its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, beating the consensus estimate of $0.92 by $0.16. The business had revenue of $1.31 billion during the quarter. The firm’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 analysts expect that Qnity Electronics, Inc. will post 4.16 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a $0.08 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.32 dividend on an annualized basis and a 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.