Qnity Electronics, Inc. $Q Stock Position Raised by Engineers Gate Manager LP

by · The Markets Daily

Engineers Gate Manager LP increased its holdings in shares of Qnity Electronics, Inc. (NYSE:QFree Report) by 242.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 73,503 shares of the premier technology solutions leader’s stock after acquiring an additional 52,035 shares during the quarter. Engineers Gate Manager LP’s holdings in Qnity Electronics were worth $12,004,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. MGO One Seven LLC acquired a new position in Qnity Electronics in the fourth quarter valued at approximately $651,000. International Assets Investment Management LLC acquired a new stake in shares of Qnity Electronics during the 4th quarter worth approximately $199,000. Ethic Inc. acquired a new stake in shares of Qnity Electronics during the 4th quarter worth approximately $743,000. NewEdge Wealth LLC bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $252,000. Finally, Swiss Life Asset Management Ltd bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $2,901,000.

Analyst Upgrades and Downgrades

Q has been the subject of a number of recent research reports. Zacks Research upgraded Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Weiss Ratings upgraded Qnity Electronics from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday. Royal Bank Of Canada cut their target price on Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 14th. BMO Capital Markets boosted 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, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Qnity Electronics in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $151.78.

View Our Latest Stock Analysis on Q

Insider Activity

In other Qnity Electronics news, Director Bondt De purchased 1,000 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $138.14 per share, with a total value of $138,140.00. Following the completion of the purchase, the director owned 6,647 shares in the company, valued at $918,216.58. This trade represents a 17.71% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.15% of the company’s stock.

Qnity Electronics Stock Performance

Q opened at $123.55 on Friday. The company has a current ratio of 2.01, a quick ratio of 1.50 and a debt-to-equity ratio of 0.53. The business’s 50 day moving average is $132.80 and its 200-day moving average is $136.13. The stock has a market cap of $25.85 billion and a PE ratio of 44.12. Qnity Electronics, Inc. has a twelve month low of $70.50 and a twelve month high of $177.28.

Qnity Electronics (NYSE:QGet Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.43 billion during the quarter. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. On average, analysts predict that Qnity Electronics, Inc. will post 4.52 earnings per share for the current year.

Qnity Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Monday, August 31st. Qnity Electronics’s payout ratio is 11.43%.

About Qnity Electronics

(Free Report)

Qnity Electronics, Inc is a global materials and solutions provider serving the semiconductor and broader electronics industries. The company develops specialized materials and technologies used in the manufacture, packaging and performance of advanced electronic devices.

Its offerings include semiconductor fabrication materials, electronic and interconnect materials, advanced packaging solutions, and other products designed to support chip production and high-performance electronics. These products are used across applications such as computing, communications, automotive electronics and other technology markets.

Qnity was formed from DuPont’s former Electronics business as part of DuPont’s separation of the unit.

Further Reading

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