Great Lakes Advisors LLC Buys New Stake in Qnity Electronics, Inc. $Q

Great Lakes Advisors LLC purchased a new position in shares of Qnity Electronics, Inc. (NYSE:Q) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 70,422 shares of the premier technology solutions leader’s stock, valued at approximately $11,501,000.

Several other large investors have also recently added to or reduced their stakes in Q. Regent Peak Wealth Advisors LLC purchased a new position in Qnity Electronics in the second quarter valued at about $219,000. Bank & Trust Co purchased a new stake in shares of Qnity Electronics in the second quarter worth about $43,000. Butensky & Cohen Financial Security Inc. boosted its position in shares of Qnity Electronics by 0.3% in the second quarter. Butensky & Cohen Financial Security Inc. now owns 34,132 shares of the premier technology solutions leader’s stock worth $5,574,000 after buying an additional 105 shares during the period. Tema ETFs LLC boosted its position in shares of Qnity Electronics by 9.2% in the second quarter. Tema ETFs LLC now owns 5,160 shares of the premier technology solutions leader’s stock worth $843,000 after buying an additional 435 shares during the period. Finally, Kentucky Trust Co grew its stake in shares of Qnity Electronics by 7.2% in the second quarter. Kentucky Trust Co now owns 2,452 shares of the premier technology solutions leader’s stock valued at $400,000 after buying an additional 164 shares in the last quarter.

Analyst Ratings Changes

Several equities research analysts recently commented on Q shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Qnity Electronics in a report on Wednesday, August 5th. Royal Bank Of Canada lowered their price objective on shares of Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating for the company in a research report on Tuesday, July 14th. Zacks Research upgraded shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Mizuho boosted their target price on shares of Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $165.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $151.78.

Insider Activity

In related news, Director Bondt Karin De purchased 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased 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 directly owned 6,647 shares of the company’s stock, valued at approximately $918,216.58. The trade was a 17.71% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.15% of the company’s stock.

Qnity Electronics Stock Down 5.2%

Shares of NYSE Q opened at $133.51 on Wednesday. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $177.28. The firm has a market cap of $27.93 billion and a price-to-earnings ratio of 47.68. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.50 and a current ratio of 2.01. The stock’s 50-day simple moving average is $144.53 and its 200-day simple moving average is $133.99.

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

Qnity Electronics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.43%.

Qnity Electronics Company Profile

Qnity Electronics, Inc (NYSE:Q) is an electronic materials and solutions company serving the semiconductor and advanced electronics industries. The company develops materials used in the manufacture, interconnection and packaging of semiconductor devices and other high-performance electronic components.

Its product portfolio includes materials and process solutions for semiconductor fabrication, such as chemical mechanical planarization products, photoresists, cleaners, dielectric materials and metallization solutions.