Danske Bank A S Purchases New Shares in Qnity Electronics, Inc. $Q

Key Points

• Danske Bank A S purchased 166,472 shares of Qnity Electronics (~$13.59M), giving it roughly 0.08% ownership, and several other institutions also opened new stakes during the fourth quarter.
• Wall Street sentiment is broadly positive with six Buy and two Hold ratings (average rating: “Moderate Buy”) and an average price target of $123.29, while firms like RBC and KeyCorp have raised targets to $150 and $147 respectively.
• Qnity recently beat quarterly expectations (EPS $0.82 vs. $0.64; revenue $1.19B, +8.1% y/y), set FY2026 guidance of $3.55–$3.95 EPS, and declared a quarterly dividend of $0.08 (0.2% yield).

Danske Bank A S purchased a new stake in Qnity Electronics, Inc. (NYSE:Q - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 166,472 shares of the premier technology solutions leader's stock, valued at approximately $13,592,000. Danske Bank A S owned approximately 0.08% of Qnity Electronics as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. GAMMA Investing LLC acquired a new stake in Qnity Electronics during the fourth quarter worth about $461,000. Neville Rodie & Shaw Inc. acquired a new stake in Qnity Electronics during the fourth quarter worth about $526,000. Investors Research Corp acquired a new stake in Qnity Electronics during the fourth quarter worth about $102,000. Board of the Pension Protection Fund acquired a new stake in Qnity Electronics during the fourth quarter worth about $73,000. Finally, Canal Capital Management LLC acquired a new stake in Qnity Electronics during the fourth quarter worth about $331,000.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on Q. Mizuho set a $120.00 price objective on shares of Qnity Electronics in a research note on Monday, February 23rd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $126.00 price objective on shares of Qnity Electronics in a research note on Friday, February 20th. Royal Bank Of Canada increased their price objective 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 objective 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, Weiss Ratings started coverage on shares of Qnity Electronics in a research note on Thursday, January 22nd. They set a "hold (c-)" rating on the stock. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $123.29.

Qnity Electronics Price Performance

Shares of NYSE Q opened at $143.41 on Monday. The firm has a 50 day simple moving average of $122.50. The company has a market cap of $30.06 billion and a price-to-earnings ratio of 78.37. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $146.67. The company has a current ratio of 1.95, a quick ratio of 1.46 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q - Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share (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 the consensus estimate of $1.15 billion. The company'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. As a group, research analysts anticipate that Qnity Electronics, Inc. will post 3.78 earnings per share for the current fiscal year.

Qnity Electronics Dividend Announcement

The company also recently declared 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. The ex-dividend date is Friday, May 29th. This represents a $0.32 annualized dividend and a yield of 0.2%. Qnity Electronics's dividend payout ratio (DPR) is presently 17.49%.

About Qnity Electronics

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.