Allworth Financial LP Acquires Shares of 8,044 Qnity Electronics, Inc. $Q

Allworth Financial LP acquired a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,044 shares of the premier technology solutions leader’s stock, valued at approximately $657,000.

Other institutional investors have also bought and sold shares of the company. Moisand Fitzgerald Tamayo LLC bought a new position in Qnity Electronics during the fourth quarter valued at $25,000. Dunhill Financial LLC bought a new position in Qnity Electronics during the fourth quarter valued at $25,000. Armstrong Advisory Group Inc. bought a new position in Qnity Electronics during the fourth quarter valued at $26,000. Provenance Wealth Advisors LLC bought a new position in Qnity Electronics during the fourth quarter valued at $27,000. Finally, Stephens Consulting LLC bought a new position in Qnity Electronics during the fourth quarter valued at $30,000.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft set a $180.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. KeyCorp raised their target price on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Royal Bank Of Canada raised their target price on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. The Goldman Sachs Group restated a “buy” rating and issued a $165.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Qnity Electronics has a consensus rating of “Moderate Buy” and an average price target of $151.33.

Qnity Electronics Trading Down 2.7%

Qnity Electronics stock opened at $145.06 on Wednesday. The business has a 50-day moving average price of $130.24. The company has a market cap of $30.37 billion and a price-to-earnings ratio of 79.27. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $171.52.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The company had revenue of $1.32 billion for the quarter. Qnity Electronics’s revenue for the quarter was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. As a group, sell-side analysts predict that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a dividend of $0.08 per share. The ex-dividend date is Friday, May 29th. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is presently 17.49%.

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.