E. Ohman J or Asset Management AB Takes Position in Qnity Electronics, Inc. $Q

E. Ohman J or Asset Management AB acquired a new stake in Qnity Electronics, Inc. (NYSE:QFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,697 shares of the premier technology solutions leader’s stock, valued at approximately $710,000.

A number of other institutional investors have also recently made changes to their positions in Q. SG Americas Securities LLC acquired a new stake in Qnity Electronics during the 4th quarter worth approximately $19,068,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Qnity Electronics in the fourth quarter worth $5,403,000. Abner Herrman & Brock LLC acquired a new position in shares of Qnity Electronics in the fourth quarter worth $592,000. Neville Rodie & Shaw Inc. purchased a new stake in shares of Qnity Electronics during the fourth quarter worth $526,000. Finally, GAMMA Investing LLC acquired a new stake in shares of Qnity Electronics in the fourth quarter valued at $461,000.

Qnity Electronics Trading Up 1.7%

Qnity Electronics stock opened at $120.31 on Thursday. 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’s fifty day moving average price is $108.68. The stock has a market cap of $25.22 billion and a PE ratio of 65.74. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $140.60.

Qnity Electronics (NYSE:QGet Free Report) last posted its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, beating 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 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.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $126.00 target price on shares of Qnity Electronics in a report on Friday, February 20th. Wall Street Zen raised Qnity Electronics to a “hold” rating in a research report on Friday, November 28th. Zacks Research upgraded Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. Mizuho set a $120.00 price objective on Qnity Electronics in a research report on Monday, February 23rd. Finally, KeyCorp upped their target price 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. One 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $120.86.

View Our Latest Stock Report on Q

About Qnity Electronics

(Free Report)

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.

Featured Articles

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:QFree Report).

Institutional Ownership by Quarter for Qnity Electronics (NYSE:Q)

Receive News & Ratings for Qnity Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qnity Electronics and related companies with MarketBeat.com's FREE daily email newsletter.