Stephens Inc. AR Buys New Position in Qnity Electronics, Inc. $Q

Stephens Inc. AR bought a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 6,931 shares of the premier technology solutions leader’s stock, valued at approximately $590,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. AlphaCore Capital LLC bought a new position in shares of Qnity Electronics during the fourth quarter valued at approximately $473,000. DNB Asset Management AS bought a new position in Qnity Electronics in the fourth quarter worth $3,701,000. Northwestern Mutual Investment Management Company LLC bought a new position in Qnity Electronics in the fourth quarter worth $546,000. New York Life Investment Management LLC bought a new position in Qnity Electronics in the fourth quarter worth $2,353,000. Finally, Mesirow Financial Investment Management Inc. bought a new position in Qnity Electronics in the fourth quarter worth $376,000.

Qnity Electronics Price Performance

Shares of NYSE:Q opened at $152.71 on Friday. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $171.52. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. The business has a fifty day moving average price of $131.79 and a 200-day moving average price of $107.48. The company has a market capitalization of $31.97 billion and a PE ratio of 52.48.

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

Qnity Electronics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders 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 annualized dividend and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.00%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on Qnity Electronics in a report on Wednesday, May 13th. Mizuho increased their price objective on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Finally, Zacks Research downgraded Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $151.33.

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.