Commonwealth of Pennsylvania Public School Empls Retrmt SYS Purchases Shares of 48,716 Qnity Electronics, Inc. $Q

Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 48,716 shares of the premier technology solutions leader’s stock, valued at approximately $3,978,000.

A number of other hedge funds also recently bought and sold shares of Q. Moisand Fitzgerald Tamayo LLC bought a new stake in Qnity Electronics during the fourth quarter valued at about $25,000. Dunhill Financial LLC bought a new stake in Qnity Electronics during the fourth quarter valued at about $25,000. Armstrong Advisory Group Inc. bought a new stake in Qnity Electronics during the fourth quarter valued at about $26,000. Provenance Wealth Advisors LLC bought a new stake in Qnity Electronics during the fourth quarter valued at about $27,000. Finally, Motco bought a new stake in Qnity Electronics during the fourth quarter valued at about $27,000.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on Q. Mizuho upped their price target on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. The Goldman Sachs Group restated a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. BMO Capital Markets restated an “outperform” rating and set a $180.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. Finally, Zacks Research cut shares of 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 given a Hold rating to the company. Based on data from MarketBeat.com, Qnity Electronics currently has an average rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Stock Down 0.2%

Q stock opened at $155.37 on Thursday. Qnity Electronics, Inc. has a twelve month low of $70.50 and a twelve month high of $171.52. The company has a market cap of $32.52 billion and a PE ratio of 53.39. The business’s 50-day simple moving average is $139.97 and its 200 day simple moving average is $111.42. 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 (NYSE:Q) last released its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.32 billion for the quarter. The business’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. On average, research analysts anticipate that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend 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 11.00%.

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.