Sequoia Financial Advisors LLC bought a new position in Qnity Electronics, Inc. (NYSE:Q – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 17,032 shares of the premier technology solutions leader’s stock, valued at approximately $1,391,000.
A number of other large investors also recently modified their holdings of Q. Vanguard Group Inc. purchased a new stake in Qnity Electronics in the 4th quarter valued at $2,226,626,000. Massachusetts Financial Services Co. MA purchased a new stake in Qnity Electronics in the 4th quarter valued at $125,587,000. UBS Group AG purchased a new stake in Qnity Electronics in the 4th quarter valued at $120,414,000. M&T Bank Corp purchased a new stake in Qnity Electronics in the 4th quarter valued at $65,334,000. Finally, Allspring Global Investments Holdings LLC purchased a new stake in Qnity Electronics in the 4th quarter valued at $44,200,000.
Qnity Electronics Price Performance
NYSE:Q opened at $168.30 on Wednesday. The stock has a 50 day moving average price of $126.44. The company has a market cap of $35.27 billion and a P/E ratio of 91.97. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $168.52. The company has a quick ratio of 1.46, a current ratio of 1.95 and a debt-to-equity ratio of 0.54.
Qnity Electronics Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Qnity Electronics’s payout ratio is 17.49%.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on Q. Royal Bank Of Canada raised their target price on Qnity Electronics from $139.00 to $150.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a report on Friday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $170.00 price objective on shares of Qnity Electronics in a report on Thursday, May 7th. Mizuho set a $120.00 price objective on Qnity Electronics in a report on Monday, February 23rd. Finally, Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $129.57.
Read Our Latest Stock Analysis on Qnity Electronics
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 Company 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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