5,020 Shares in Qnity Electronics, Inc. $Q Acquired by DT Investment Partners LLC

DT Investment Partners LLC purchased a new position in Qnity Electronics, Inc. (NYSE:QFree Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,020 shares of the premier technology solutions leader’s stock, valued at approximately $410,000.

Other hedge funds also recently modified their holdings of the company. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $25,000. Dunhill Financial LLC bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $25,000. Armstrong Advisory Group Inc. bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $26,000. Motco bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $27,000. Finally, Provenance Wealth Advisors LLC bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $27,000.

Analyst Upgrades and Downgrades

Q has been the topic of a number of research reports. KeyCorp lifted their price target 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. Deutsche Bank Aktiengesellschaft set a $180.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. Zacks Research cut shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Royal Bank Of Canada lifted their price objective on shares of Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $180.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $151.33.

Get Our Latest Stock Analysis on Qnity Electronics

Qnity Electronics Stock Down 1.9%

Qnity Electronics stock opened at $155.90 on Friday. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $171.52. The firm has a market capitalization of $32.64 billion and a price-to-earnings ratio of 53.57. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54. The firm has a 50 day simple moving average of $137.41 and a 200 day simple moving average of $110.00.

Qnity Electronics (NYSE:QGet Free Report) last released 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 business had revenue of $1.32 billion during the quarter. The firm’s revenue for the quarter 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. On average, analysts predict that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s payout ratio is currently 11.00%.

About Qnity Electronics

(Free Report)

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.

Further Reading

Want to see what other hedge funds are holding Q? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Qnity Electronics, Inc. (NYSE:QFree Report).

Institutional Ownership by Quarter for Qnity Electronics (NYSE:Q)

Receive News & Ratings for Qnity Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qnity Electronics and related companies with MarketBeat.com's FREE daily email newsletter.