Brant Point Investment Management LLC Takes $891,000 Position in Qnity Electronics, Inc. $Q

Brant Point Investment Management LLC acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 10,907 shares of the premier technology solutions leader’s stock, valued at approximately $891,000.

Several other institutional investors have also added to or reduced their stakes in Q. GAMMA Investing LLC bought a new stake in Qnity Electronics in the fourth quarter valued at approximately $461,000. Neville Rodie & Shaw Inc. bought a new stake in Qnity Electronics in the fourth quarter valued at approximately $526,000. Investors Research Corp bought a new stake in Qnity Electronics in the fourth quarter valued at approximately $102,000. Board of the Pension Protection Fund bought a new stake in Qnity Electronics in the fourth quarter valued at approximately $73,000. Finally, Canal Capital Management LLC bought a new stake in Qnity Electronics in the fourth quarter valued at approximately $331,000.

Qnity Electronics Price Performance

Qnity Electronics stock opened at $150.42 on Friday. The stock has a market capitalization of $31.49 billion and a price-to-earnings ratio of 51.69. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $171.52. The stock’s 50 day moving average price is $144.40 and its two-hundred day moving average price is $114.50. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The business had revenue of $1.32 billion for the quarter. The company’s 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, equities 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 declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a $0.08 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.32 annualized dividend and a yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.00%.

Wall Street Analyst Weigh In

Several analysts recently commented on Q shares. Deutsche Bank Aktiengesellschaft set a $180.00 target price on Qnity Electronics in a report on Wednesday, May 13th. 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. Royal Bank Of Canada upped their target price on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $180.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. 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 has a consensus rating of “Moderate Buy” and an average price target 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.