Midwest Trust Co Acquires New Position in Qnity Electronics, Inc. $Q

Midwest Trust Co bought a new stake in Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,372 shares of the premier technology solutions leader’s stock, valued at approximately $602,000.

Other hedge funds also recently bought and sold shares of the company. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Qnity Electronics during the fourth quarter worth $25,000. Dunhill Financial LLC acquired a new position in shares of Qnity Electronics during the 4th quarter worth about $25,000. Armstrong Advisory Group Inc. acquired a new position in shares of Qnity Electronics during the 4th quarter worth approximately $26,000. Provenance Wealth Advisors LLC acquired a new position in Qnity Electronics in the 4th quarter valued at about $27,000. Finally, Stephens Consulting LLC acquired a new position in Qnity Electronics in the 4th quarter valued at about $30,000.

Qnity Electronics Stock Up 9.8%

Qnity Electronics stock opened at $168.30 on Wednesday. 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 $35.27 billion and a P/E ratio of 91.97. Qnity Electronics, Inc. has a twelve month low of $70.50 and a twelve month high of $168.52. The company’s 50 day moving average is $126.44.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.16. The firm had revenue of $1.32 billion for the quarter. The firm’s quarterly revenue was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. Equities analysts expect that Qnity Electronics, Inc. will post 3.78 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

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 $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is presently 17.49%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on Q. Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday. Royal Bank Of Canada lifted their price target 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. KeyCorp lifted their price objective on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Mizuho set a $120.00 price target on Qnity Electronics in a research note on Monday, February 23rd. Finally, Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $129.57.

More Qnity Electronics News

Here are the key news stories impacting Qnity Electronics this week:

• Positive Sentiment: Qnity reported Q1 adjusted EPS of $1.08, beating Wall Street’s $0.92 estimate, while revenue rose 17.6% year over year to about $1.31 billion. Qnity Electronics earnings report
• Positive Sentiment: The company raised full-year FY2026 guidance, now calling for EPS of $3.80 to $4.14 and revenue of $5.2 billion to $5.4 billion, which came in ahead of or in line with expectations and suggests management sees continued demand strength. Benzinga article on Qnity stock surge
• Positive Sentiment: Multiple reports highlighted that the stock is benefiting from a “beat-and-raise” quarter and ongoing strength in semiconductor/AI-related demand, which is helping reinforce the bullish setup. Barron’s article on Qnity earnings
• Neutral Sentiment: Jim Cramer also drew attention to Qnity as an under-the-radar semiconductor-related name, which may increase investor interest but does not change fundamentals by itself. Invezz article on Cramer’s comments

Qnity Electronics Profile

Qnity Electronics is an electronics company that provides products and solutions for the semiconductor and electronics industries. The company focuses on materials, components, and related technologies used in the design, manufacturing, and performance of electronic devices.

Its offerings are generally aimed at helping customers improve reliability, efficiency, and functionality across a range of electronic applications. Qnity Electronics serves businesses involved in electronics production and advanced technology development.

Publicly available information about the company’s history, leadership, and geographic footprint is limited.