Qnity Electronics, Inc. $Q Stock Acquired by Roberts Wealth Advisors LLC

Roberts Wealth Advisors LLC lifted its holdings in Qnity Electronics, Inc. (NYSE:Q – Free Report) by 79.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,381 shares of the premier technology solutions leader’s stock after buying an additional 14,314 shares during the period. Roberts Wealth Advisors LLC’s holdings in Qnity Electronics were worth $4,072,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Allspring Global Investments Holdings LLC raised its position in Qnity Electronics by 741.3% during the first quarter. Allspring Global Investments Holdings LLC now owns 4,375,735 shares of the premier technology solutions leader’s stock valued at $518,787,000 after buying an additional 3,855,617 shares during the period. Bank of America Corp DE lifted its stake in Qnity Electronics by 3.8% in the 1st quarter. Bank of America Corp DE now owns 2,023,288 shares of the premier technology solutions leader’s stock worth $233,447,000 after acquiring an additional 73,662 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Qnity Electronics by 3.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,661,636 shares of the premier technology solutions leader’s stock worth $191,569,000 after acquiring an additional 48,629 shares during the period. Bank of New York Mellon Corp boosted its position in Qnity Electronics by 2.9% during the 1st quarter. Bank of New York Mellon Corp now owns 1,334,852 shares of the premier technology solutions leader’s stock worth $154,015,000 after acquiring an additional 37,842 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its position in Qnity Electronics by 182.3% during the 1st quarter. The Manufacturers Life Insurance Company now owns 1,168,746 shares of the premier technology solutions leader’s stock worth $134,850,000 after acquiring an additional 754,810 shares during the period.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on Q shares. Barclays started coverage on Qnity Electronics in a research note on Monday. They set an “overweight” rating and a $211.00 target price on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Qnity Electronics in a research report on Wednesday, August 5th. Zacks Research cut shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Royal Bank Of Canada decreased their price target on shares of Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating for the company in a report on Tuesday, July 14th. Finally, BMO Capital Markets boosted their price objective on shares of Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Nine research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $155.70.

Check Out Our Latest Stock Analysis on Q

Qnity Electronics Trading Down 0.2%

NYSE Q opened at $122.95 on Wednesday. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $177.28. The company has a current ratio of 2.01, a quick ratio of 1.50 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $25.72 billion and a PE ratio of 30.05. The firm’s fifty day simple moving average is $126.79 and its 200-day simple moving average is $137.55.

Qnity Electronics (NYSE:Q – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.12. The business had revenue of $1.43 billion during the quarter. Qnity Electronics had a return on equity of 10.83% and a net margin of 11.25%. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, sell-side analysts anticipate that Qnity Electronics, Inc. will post 4.52 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Bondt De bought 1,000 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were bought at an average cost of $138.14 per share, with a total value of $138,140.00. Following the transaction, the director directly owned 6,647 shares in the company, valued at approximately $918,216.58. This trade represents a 17.71% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.15% of the stock is owned by company insiders.

About Qnity Electronics

(Free Report)

Qnity Electronics is an electronics materials company focused on technologies used in semiconductor manufacturing and advanced electronics production. The company supplies materials and solutions designed to support processes such as wafer fabrication, lithography, chemical-mechanical planarization, cleaning, packaging and interconnect formation.

Qnity’s product portfolio serves semiconductor manufacturers, chip designers, assembly and packaging providers, and other customers across the electronics supply chain.

Further Reading

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

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