520,118 Shares in Qnity Electronics, Inc. $Q Acquired by Allspring Global Investments Holdings LLC

Key Points

• Allspring Global Investments Holdings LLC bought a new stake of 520,118 shares of Qnity Electronics (about $44.2 million), owning roughly 0.25% of the company at the end of the quarter.
• Qnity reported stronger-than-expected results on Feb. 26 with EPS of $0.82 versus $0.64 expected and revenue of $1.19 billion (up 8.1% year-over-year), and set FY2026 guidance of 3.550–3.950 EPS.
• Analysts are mostly positive (one Strong Buy, six Buy, one Hold) with a consensus "Buy" and average target of $120.86; the stock is up about 2.7%, with a market cap of $24.86 billion and a P/E of 64.78.

Allspring Global Investments Holdings LLC bought a new stake in shares of Qnity Electronics, Inc. (NYSE:Q - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 520,118 shares of the premier technology solutions leader's stock, valued at approximately $44,200,000. Allspring Global Investments Holdings LLC owned 0.25% of Qnity Electronics at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in Q. SG Americas Securities LLC purchased a new position in shares of Qnity Electronics during the 4th quarter worth $19,068,000. Fort Washington Investment Advisors Inc. OH bought a new position in Qnity Electronics in the 4th quarter worth $18,744,000. Wealth Enhancement Advisory Services LLC purchased a new position in Qnity Electronics during the fourth quarter valued at $5,403,000. Czech National Bank bought a new stake in Qnity Electronics during the fourth quarter valued at about $4,509,000. Finally, Retirement Systems of Alabama bought a new stake in Qnity Electronics during the fourth quarter valued at about $3,638,000.

Qnity Electronics Stock Up 2.7%

Shares of Qnity Electronics stock opened at $118.55 on Thursday. The stock has a market capitalization of $24.86 billion and a P/E ratio of 64.78. The company has a quick ratio of 1.46, a current ratio of 1.95 and a debt-to-equity ratio of 0.54. The firm has a 50-day simple moving average of $110.29. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $140.60.

Qnity Electronics (NYSE:Q - Get Free Report) last released its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.18. The business had revenue of $1.19 billion for the quarter, compared to analysts' expectations of $1.15 billion. The company's quarterly revenue was up 8.1% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS.

Analyst Ratings Changes

Several research analysts have recently commented on Q shares. Oppenheimer started coverage on Qnity Electronics in a research note on Tuesday, December 16th. They issued an "outperform" rating and a $100.00 price objective on the stock. Royal Bank Of Canada increased their target price on shares of Qnity Electronics from $118.00 to $133.00 and gave the stock an "outperform" rating in a report on Wednesday, February 25th. Mizuho set a $120.00 target price on shares of Qnity Electronics in a research note on Monday, February 23rd. KeyCorp lifted their price target on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an "overweight" rating in a report on Friday, February 27th. Finally, Weiss Ratings started coverage on shares of Qnity Electronics in a research note on Thursday, January 22nd. They issued a "hold (c-)" rating for the company. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $120.86.

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.

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