US Bancorp DE Purchases New Position in Qnity Electronics, Inc. $Q

Key Points

• US Bancorp DE initiated a new stake in Qnity Electronics (NYSE: Q) in Q4, purchasing 103,295 shares worth about $8.43 million, while several other institutions (including KBC Group NV and Delta Capital) also established sizable new positions.
• Qnity beat Q4 expectations with $0.82 EPS vs. $0.64 estimated and $1.19B revenue (up 8.1% YoY), set FY2026 guidance of $3.55–$3.95 EPS, and holds a Moderate Buy analyst consensus with an average price target of $123.29 and multiple firms raising targets into the $126–$150 range.

US Bancorp DE purchased a new stake in shares of Qnity Electronics, Inc. (NYSE:Q - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 103,295 shares of the premier technology solutions leader's stock, valued at approximately $8,434,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cohen Klingenstein LLC bought a new stake in shares of Qnity Electronics during the 4th quarter valued at approximately $587,000. KBC Group NV bought a new stake in shares of Qnity Electronics during the 4th quarter valued at approximately $12,189,000. Delta Capital Management LLC bought a new stake in shares of Qnity Electronics during the 4th quarter valued at approximately $1,141,000. Yousif Capital Management LLC bought a new stake in shares of Qnity Electronics during the 4th quarter valued at approximately $2,385,000. Finally, Quantum Financial Advisors LLC bought a new stake in shares of Qnity Electronics during the 4th quarter valued at approximately $854,000.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on Q shares. Weiss Ratings started coverage on shares of Qnity Electronics in a report on Thursday, January 22nd. They set a "hold (c-)" rating on the stock. 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. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $126.00 target price on shares of Qnity Electronics in a report on Friday, February 20th. Royal Bank Of Canada boosted their target price on shares of Qnity Electronics from $139.00 to $150.00 and gave the stock an "outperform" rating in a report on Friday, April 24th. Finally, Zacks Research lowered shares of Qnity Electronics from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 21st. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $123.29.

Qnity Electronics Price Performance

Q opened at $143.41 on Monday. 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 quick ratio of 1.46, a current ratio of 1.95 and a debt-to-equity ratio of 0.54. The company has a market cap of $30.06 billion and a price-to-earnings ratio of 78.37. The stock's 50 day simple moving average is $122.50.

Qnity Electronics (NYSE:Q - Get Free Report) last posted its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, topping analysts' consensus estimates of $0.64 by $0.18. The business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.15 billion. Qnity Electronics's revenue for the quarter 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, equities research analysts predict that Qnity Electronics, Inc. will post 3.78 EPS for the current year.

Qnity Electronics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a $0.08 dividend. The ex-dividend date is Friday, May 29th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. Qnity Electronics's payout ratio is 17.49%.

Qnity Electronics 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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