Gratus Wealth Advisors LLC Purchases New Shares in Qnity Electronics, Inc. $Q

Gratus Wealth Advisors LLC bought a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 4,594 shares of the premier technology solutions leader’s stock, valued at approximately $375,000.

Several other institutional investors have also modified their holdings of Q. GAMMA Investing LLC purchased a new position in shares of Qnity Electronics during the 4th quarter worth $461,000. Neville Rodie & Shaw Inc. purchased a new stake in Qnity Electronics in the 4th quarter valued at about $526,000. Investors Research Corp purchased a new stake in Qnity Electronics in the 4th quarter valued at about $102,000. Board of the Pension Protection Fund purchased a new stake in Qnity Electronics in the 4th quarter valued at about $73,000. Finally, Canal Capital Management LLC purchased a new stake in Qnity Electronics in the 4th quarter valued at about $331,000.

Qnity Electronics Stock Performance

Q stock opened at $154.04 on Tuesday. The stock’s 50 day moving average price is $125.60. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.95 and a quick ratio of 1.46. The stock has a market capitalization of $32.28 billion and a price-to-earnings ratio of 84.18. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $156.53.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings results 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 analyst estimates of $1.15 billion. The firm’s revenue for the quarter 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. Equities analysts forecast that Qnity Electronics, Inc. will post 3.78 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

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

Wall Street Analysts Forecast Growth

Q has been the topic of several research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday. KeyCorp boosted their price objective 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. Zacks Research lowered shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Royal Bank Of Canada boosted their price objective on shares of Qnity Electronics from $139.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Finally, Mizuho set a $120.00 price objective on shares of Qnity Electronics in a report on Monday, February 23rd. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Qnity Electronics has an average rating of “Moderate Buy” and an average price target of $129.57.

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.