Groupama Asset Managment Sells 7,146 Shares of Qnity Electronics, Inc. $Q

Groupama Asset Managment trimmed its holdings in Qnity Electronics, Inc. (NYSE:Q) by 76.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,238 shares of the premier technology solutions leader’s stock after selling 7,146 shares during the period. Groupama Asset Managment’s holdings in Qnity Electronics were worth $258,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. Exchange Traded Concepts LLC acquired a new stake in shares of Qnity Electronics during the fourth quarter worth about $61,000. Retirement Systems of Alabama bought a new stake in Qnity Electronics during the 4th quarter worth approximately $3,638,000. Blue Trust Inc. bought a new stake in Qnity Electronics during the 4th quarter worth approximately $447,000. Aberdeen Group plc acquired a new stake in Qnity Electronics during the 4th quarter worth approximately $19,338,000. Finally, Perigon Wealth Management LLC acquired a new stake in Qnity Electronics during the 4th quarter worth approximately $362,000.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on Q. Deutsche Bank Aktiengesellschaft set a $180.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. Zacks Research raised shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. BMO Capital Markets lifted 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. The Goldman Sachs Group restated a “buy” rating and issued a $165.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. Finally, Mizuho upped their price objective on Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Qnity Electronics currently has an average rating of “Buy” and an average price target of $151.78.

Qnity Electronics Price Performance

Shares of NYSE Q opened at $131.74 on Monday. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $177.28. The stock has a market capitalization of $27.58 billion and a price-to-earnings ratio of 45.27. 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 business has a 50-day moving average of $148.31 and a 200-day moving average of $130.50.

Qnity Electronics (NYSE:Q) last issued 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 company had revenue of $1.31 billion for the quarter. The firm’s 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. As a group, sell-side analysts predict that Qnity Electronics, Inc. will post 4.16 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

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

Qnity Electronics Company Profile

Qnity Electronics (NYSE:Q) is an electronics materials company serving the semiconductor and broader electronics industries. The company was established through the separation of DuPont’s Electronics business and operates as an independent publicly traded company.

Qnity develops and supplies materials and technology used in semiconductor manufacturing, advanced packaging and electronic interconnect applications. Its offerings include semiconductor process materials, chemical mechanical planarization products, dielectric and packaging materials, and materials used in the fabrication of printed circuit boards and other electronic components.

The company serves customers across the global electronics supply chain, including semiconductor manufacturers, integrated device manufacturers, outsourced semiconductor assembly and test providers, and electronics producers.