Boussard & Gavaudan Gestion Sas Takes Position in Qnity Electronics, Inc. $Q

Key Points

• Boussard & Gavaudan Gestion acquired 56,678 shares of Qnity Electronics in the second quarter, valued at approximately $9.1 million and representing 0.5% of its portfolio. Several other major institutions also recently initiated or expanded positions.
• Analyst sentiment remains positive, with one Strong Buy, eight Buy and one Hold rating; the stock has an average “Buy” rating and a consensus price target of $151.78. Shares opened at $120.55, down 4.6%, and remain below their 50- and 200-day moving averages.
• Qnity Electronics exceeded quarterly earnings expectations, reporting $1.19 EPS versus the $1.07 consensus on $1.43 billion in revenue, and issued fiscal 2026 EPS guidance of $4.40–$4.60. The company also declared a quarterly dividend of $0.08 per share, yielding 0.3% annually.

Boussard & Gavaudan Gestion Sas purchased a new position in shares of Qnity Electronics, Inc. (NYSE:Q - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 56,678 shares of the premier technology solutions leader's stock, valued at approximately $9,144,000. Qnity Electronics comprises 0.5% of Boussard & Gavaudan Gestion Sas' investment portfolio, making the stock its 28th largest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp acquired a new position in shares of Qnity Electronics during the fourth quarter worth $728,894,000. Geode Capital Management LLC bought a new stake in shares of Qnity Electronics in the fourth quarter worth $435,786,000. Invesco Ltd. acquired a new stake in Qnity Electronics in the fourth quarter valued at $385,057,000. Allspring Global Investments Holdings LLC increased its holdings in Qnity Electronics by 741.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 4,375,735 shares of the premier technology solutions leader's stock valued at $518,787,000 after purchasing an additional 3,855,617 shares during the period. Finally, Franklin Resources Inc. bought a new position in Qnity Electronics during the 4th quarter worth $287,519,000.

Wall Street Analyst Weigh In

Several research analysts have commented on Q shares. 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 report on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Qnity Electronics in a research note on Wednesday, August 5th. Mizuho lifted their price objective on Qnity Electronics from $170.00 to $180.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 1st. Weiss Ratings lowered Qnity Electronics from a "hold (c)" rating to a "hold (c-)" rating in a research note on Wednesday, August 5th. Finally, BMO Capital Markets upped their target price on Qnity Electronics from $180.00 to $185.00 and gave the company an "outperform" rating in a report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $151.78.

Qnity Electronics Trading Down 4.6%

Q opened at $120.55 on Friday. The company has a fifty day moving average price of $139.86 and a two-hundred day moving average price of $135.38. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $177.28. The company has a market cap of $25.22 billion and a P/E ratio of 43.05. The company has a current ratio of 2.01, a quick ratio of 1.50 and a debt-to-equity ratio of 0.53.

Qnity Electronics (NYSE:Q - Get Free Report) last released 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 net margin of 11.25% and a return on equity of 10.83%. The company had revenue of $1.43 billion for the quarter. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. Analysts predict that Qnity Electronics, Inc. will post 4.52 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, August 31st. Qnity Electronics's dividend payout ratio (DPR) is 11.43%.

Insider Activity at Qnity Electronics

In other news, Director Bondt Karin De acquired 1,000 shares of the firm's stock in a transaction dated Tuesday, August 11th. The stock was purchased at an average price of $138.14 per share, for a total transaction of $138,140.00. Following the completion of the acquisition, the director directly owned 6,647 shares in the company, valued at $918,216.58. The trade was a 17.71% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 0.15% of the stock is currently owned by corporate insiders.

Qnity Electronics Company Profile

Qnity Electronics, Inc NYSE: Q is a semiconductor materials and solutions company serving manufacturers across the electronics industry. The company develops materials and technologies used in semiconductor fabrication, advanced packaging and related electronic applications.

Its portfolio includes products designed to support wafer processing, chemical-mechanical planarization, lithography, dielectric and metallization processes, cleaning and surface treatment, and semiconductor packaging.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source