139,218 Shares in Qnity Electronics, Inc. $Q Acquired by New York State Teachers Retirement System

Key Points

• New York State Teachers Retirement System acquired a new position of 139,218 shares of Qnity Electronics (about $11.37 million), representing roughly 0.07% of the company per its latest 13F filing.
• Qnity beat Q4 estimates with $0.82 EPS (vs. $0.64 expected) and $1.19B in revenue (+8.1% YoY) and set FY2026 guidance of 3.55–3.95 EPS; the stock trades near $141 with a market cap of $29.56B and P/E of 77.06, and the company declared a quarterly dividend of $0.08 (0.2% yield).

New York State Teachers Retirement System bought a new position in shares of Qnity Electronics, Inc. (NYSE:Q - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 139,218 shares of the premier technology solutions leader's stock, valued at approximately $11,367,000. New York State Teachers Retirement System owned about 0.07% of Qnity Electronics as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of Q. Moisand Fitzgerald Tamayo LLC acquired a new stake in Qnity Electronics during the fourth quarter worth approximately $25,000. Dunhill Financial LLC acquired a new stake in Qnity Electronics during the fourth quarter worth approximately $25,000. Armstrong Advisory Group Inc. acquired a new stake in Qnity Electronics during the fourth quarter worth approximately $26,000. Provenance Wealth Advisors LLC purchased a new position in Qnity Electronics during the fourth quarter worth approximately $27,000. Finally, Stephens Consulting LLC purchased a new position in Qnity Electronics during the fourth quarter worth approximately $30,000.

Qnity Electronics Stock Down 1.6%

NYSE:Q opened at $141.02 on Tuesday. The stock's 50 day moving average is $122.50. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $146.67. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.95. The stock has a market capitalization of $29.56 billion and a P/E ratio of 77.06.

Qnity Electronics (NYSE:Q - Get Free Report) last issued its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, beating analysts' consensus estimates of $0.64 by $0.18. The business had revenue of $1.19 billion during the quarter, compared to analysts' expectations of $1.15 billion. Qnity Electronics's revenue was up 8.1% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS. Research analysts forecast that Qnity Electronics, Inc. will post 3.78 earnings per share for the current fiscal year.

Qnity Electronics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics's dividend payout ratio (DPR) is currently 17.49%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on Q. Mizuho set a $120.00 price target on shares of Qnity Electronics in a research note on Monday, February 23rd. Weiss Ratings began coverage on shares of Qnity Electronics in a research note on Thursday, January 22nd. They set a "hold (c-)" rating on the stock. Royal Bank Of Canada increased their price target on shares of Qnity Electronics from $139.00 to $150.00 and gave the stock an "outperform" rating in a research note on Friday, April 24th. KeyCorp increased their price target on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an "overweight" rating in a research note on Friday, February 27th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $126.00 price target on shares of Qnity Electronics in a research note on Friday, February 20th. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $123.29.

Qnity Electronics Company Profile

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.

Want to see what other hedge funds are holding Q? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Qnity Electronics, Inc. (NYSE:Q - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.