Aberdeen Group plc Invests $19.34 Million in Qnity Electronics, Inc. $Q

Aberdeen Group plc acquired a new position in Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 236,836 shares of the premier technology solutions leader’s stock, valued at approximately $19,338,000. Aberdeen Group plc owned 0.11% of Qnity Electronics at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC acquired a new stake in Qnity Electronics during the fourth quarter valued at $44,200,000. SG Americas Securities LLC acquired a new stake in Qnity Electronics during the fourth quarter valued at $19,068,000. Fort Washington Investment Advisors Inc. OH acquired a new stake in Qnity Electronics during the fourth quarter valued at $18,744,000. Wealth Enhancement Advisory Services LLC acquired a new stake in Qnity Electronics during the fourth quarter valued at $5,403,000. Finally, Czech National Bank acquired a new stake in Qnity Electronics during the fourth quarter valued at $4,509,000.

Qnity Electronics Trading Up 1.9%

NYSE:Q opened at $118.79 on Tuesday. The stock has a 50-day simple moving average of $111.49. The company has a current ratio of 1.95, a quick ratio of 1.46 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $24.91 billion and a P/E ratio of 64.91. Qnity Electronics, Inc. has a twelve month low of $70.50 and a twelve month high of $140.60.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.18. The business had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Qnity Electronics’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.

Analysts Set New Price Targets

Several analysts recently commented on Q shares. Zacks Research upgraded shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $126.00 target price on shares of Qnity Electronics in a research report on Friday, February 20th. Weiss Ratings assumed coverage on shares of Qnity Electronics in a research report on Thursday, January 22nd. They issued a “hold (c-)” rating on the stock. Oppenheimer assumed coverage on shares of Qnity Electronics in a research report on Tuesday, December 16th. They issued an “outperform” rating and a $100.00 target price on the stock. Finally, KeyCorp lifted their target price on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $120.86.

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.