Cutler Investment Counsel LLC Acquires Shares of 48,546 Qnity Electronics, Inc. $Q

Cutler Investment Counsel LLC bought a new position in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 48,546 shares of the premier technology solutions leader’s stock, valued at approximately $3,964,000.

Several other institutional investors have also made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC acquired a new position in Qnity Electronics in the 4th quarter worth approximately $25,000. Dunhill Financial LLC acquired a new stake in Qnity Electronics during the 4th quarter valued at $25,000. Armstrong Advisory Group Inc. acquired a new stake in Qnity Electronics during the 4th quarter valued at $26,000. Provenance Wealth Advisors LLC purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at $27,000. Finally, Motco purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at $27,000.

Analyst Ratings Changes

A number of research analysts have recently weighed in on Q shares. Deutsche Bank Aktiengesellschaft set a $180.00 price target 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 research note on Wednesday, May 13th. Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. KeyCorp upped their target price on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Qnity Electronics presently has a consensus rating of “Moderate Buy” and a consensus price target of $151.33.

Qnity Electronics Trading Up 7.0%

Qnity Electronics stock opened at $149.53 on Friday. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $171.52. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54. The stock has a market cap of $31.30 billion and a P/E ratio of 51.39. The company’s fifty day simple moving average is $143.76 and its 200-day simple moving average is $114.24.

Qnity Electronics (NYSE:Q) last released its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.32 billion for the quarter. The firm’s revenue 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 forecast that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Dividend Announcement

The company 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. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s payout ratio is currently 11.00%.

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.