The Manufacturers Life Insurance Company Raises Position in Qnity Electronics, Inc. $Q

The Manufacturers Life Insurance Company grew its holdings in shares of Qnity Electronics, Inc. (NYSE:Q) by 182.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,168,746 shares of the premier technology solutions leader’s stock after acquiring an additional 754,810 shares during the period. The Manufacturers Life Insurance Company’s holdings in Qnity Electronics were worth $134,850,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of Q. Dunhill Financial LLC purchased a new position in Qnity Electronics during the fourth quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC increased its position in Qnity Electronics by 71.8% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock worth $25,000 after buying an additional 89 shares in the last quarter. Provenance Wealth Advisors LLC purchased a new stake in Qnity Electronics in the fourth quarter worth about $27,000. Motco purchased a new stake in Qnity Electronics in the fourth quarter worth about $27,000. Finally, Covestor Ltd bought a new position in shares of Qnity Electronics in the fourth quarter worth about $28,000.

Qnity Electronics Trading Down 3.9%

Shares of Q stock opened at $127.80 on Wednesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12. The stock has a fifty day simple moving average of $149.85 and a two-hundred day simple moving average of $129.69. The firm has a market capitalization of $26.75 billion and a PE ratio of 43.92. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $177.28.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings data 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 company’s quarterly revenue was up 17.6% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. On average, analysts predict that Qnity Electronics, Inc. will post 4.16 EPS for the current fiscal year.

Qnity Electronics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors 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 dividend on an annualized basis and a yield of 0.3%. Qnity Electronics’s payout ratio is currently 11.00%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on Qnity Electronics in a research report on Wednesday, May 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Mizuho raised their target price on shares of Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. BMO Capital Markets lifted their price target on shares of Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. 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 MarketBeat, the company presently has an average rating of “Buy” and an average target price of $151.78.

About Qnity Electronics

Qnity Electronics (NYSE:Q) is a semiconductor and advanced electronics materials company formed from DuPont’s former Electronics business. The company develops materials and technology solutions used throughout the semiconductor manufacturing and advanced packaging processes.

Its offerings support applications including wafer fabrication, lithography, metallization, interconnects, advanced packaging, thermal management and other electronic components. Qnity’s products are designed to help semiconductor and electronics manufacturers improve device performance, reliability and manufacturing efficiency.

The company serves customers across the global semiconductor and electronics industries, with operations and markets spanning major technology-manufacturing regions.