California State Teachers Retirement System Has $8.38 Billion Holdings in Qnity Electronics, Inc. $Q

California State Teachers Retirement System boosted its position in Qnity Electronics, Inc. (NYSE:Q - Free Report) by 19,306.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 51,320,004 shares of the premier technology solutions leader's stock after buying an additional 51,055,562 shares during the period. California State Teachers Retirement System owned approximately 24.53% of Qnity Electronics worth $8,381,070,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Oregon Public Employees Retirement Fund raised its position in shares of Qnity Electronics by 0.3% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 24,004 shares of the premier technology solutions leader's stock worth $2,770,000 after acquiring an additional 77 shares in the last quarter. AMG National Trust Bank grew its stake in Qnity Electronics by 3.4% during the first quarter. AMG National Trust Bank now owns 2,583 shares of the premier technology solutions leader's stock worth $298,000 after purchasing an additional 84 shares during the period. Annis Gardner Whiting Capital Advisors LLC grew its stake in Qnity Electronics by 71.8% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader's stock worth $25,000 after purchasing an additional 89 shares during the period. Butensky & Cohen Financial Security Inc. increased its holdings in 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 purchasing an additional 105 shares in the last quarter. Finally, Syon Capital LLC increased its holdings in Qnity Electronics by 2.0% in the second quarter. Syon Capital LLC now owns 5,811 shares of the premier technology solutions leader's stock worth $949,000 after purchasing an additional 116 shares in the last quarter.

Insider Transactions at Qnity Electronics

In other Qnity Electronics news, Director Bondt De purchased 1,000 shares of Qnity Electronics stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average price of $138.14 per share, with a total value of $138,140.00. Following the transaction, 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 can be accessed through the SEC website. Insiders own 0.15% of the company's stock.

Analyst Ratings Changes

Q has been the topic of several recent analyst reports. Weiss Ratings lowered Qnity Electronics from a "hold (c)" rating to a "hold (c-)" rating in a research note on Wednesday, August 5th. The Goldman Sachs Group reiterated a "buy" rating and issued a $165.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Mizuho boosted their target price on shares of Qnity Electronics from $170.00 to $180.00 and gave the company an "outperform" rating in a research report on Wednesday, July 1st. BMO Capital Markets increased their target price on shares of Qnity Electronics from $180.00 to $185.00 and gave the stock an "outperform" rating in a research note on Monday, July 6th. Finally, Royal Bank Of Canada cut their target price on shares of Qnity Electronics from $200.00 to $189.00 and set an "outperform" rating on the stock in a research note on Tuesday, July 14th. One equities research 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 stock. According to data from MarketBeat, Qnity Electronics has an average rating of "Buy" and a consensus target price of $151.78.

Qnity Electronics Stock Up 2.4%

Q stock opened at $123.31 on Wednesday. The stock's 50 day simple moving average is $133.72 and its 200 day simple moving average is $135.96. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $177.28. 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 company has a market cap of $25.80 billion and a P/E ratio of 44.04.

Qnity Electronics (NYSE:Q - Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $1.43 billion during the quarter. Qnity Electronics had a return on equity of 10.83% and a net margin of 11.25%.Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. On average, research analysts expect that Qnity Electronics, Inc. will post 4.52 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

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

Qnity Electronics Company Profile

Qnity Electronics, Inc is a materials and technology company serving the semiconductor and broader electronics industries. The company develops specialized materials and process solutions used in semiconductor manufacturing, advanced packaging, interconnects and other electronic applications.

Its offerings include materials designed to support wafer fabrication, lithography, dielectric and metallization processes, chip packaging, printed circuit boards and high-performance electronic components.

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