Qnity Electronics (NYSE:Q) Stock Rating Raised to “Strong-Buy” at Barclays

Barclays upgraded shares of Qnity Electronics (NYSE:Q) to a strong-buy rating in a research note released on Monday,Zacks reports.

Several other equities analysts have also issued reports on Q. BMO Capital Markets lifted their price target on Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Weiss Ratings upgraded Qnity Electronics from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday. Truist Financial assumed coverage on Qnity Electronics in a research note on Wednesday. They issued a “buy” rating and a $170.00 price objective on the stock. Mizuho decreased their target price on Qnity Electronics from $180.00 to $160.00 and set an “outperform” rating on the stock in a research report on Thursday, October 1st. Finally, Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Qnity Electronics currently has a consensus rating of “Moderate Buy” and an average target price of $157.00.

Qnity Electronics Stock Performance

Shares of NYSE:Q opened at $121.39 on Monday. Qnity Electronics has a 1 year low of $70.50 and a 1 year high of $177.28. The stock has a market capitalization of $25.40 billion and a price-to-earnings ratio of 43.35. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.01 and a quick ratio of 1.50. The company’s 50 day simple moving average is $126.51 and its 200 day simple moving average is $137.61.

Qnity Electronics (NYSE:Q) last released its earnings results on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.12. The firm 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, research analysts predict that Qnity Electronics will post 4.52 EPS for the current fiscal year.

Qnity Electronics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Monday, November 30th. This represents a $0.32 annualized dividend and a yield of 0.3%. Qnity Electronics’s dividend payout ratio is presently 11.43%.

Insiders Place Their Bets

In related news, Director Bondt De bought 1,000 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were purchased at an average price of $138.14 per share, with a total value of $138,140.00. Following the completion of the purchase, the director owned 6,647 shares in the company, valued at $918,216.58. This represents a 17.71% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 0.15% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Oregon Public Employees Retirement Fund increased its holdings in Qnity Electronics by 0.3% in the first quarter. Oregon Public Employees Retirement Fund now owns 24,004 shares of the premier technology solutions leader’s stock valued at $2,770,000 after purchasing an additional 77 shares during the period. AMG National Trust Bank raised its position in Qnity Electronics by 3.4% during the 1st quarter. AMG National Trust Bank now owns 2,583 shares of the premier technology solutions leader’s stock worth $298,000 after purchasing an additional 84 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in Qnity Electronics by 71.8% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock worth $25,000 after buying an additional 89 shares during the period. Everhart Financial Group Inc. lifted its holdings in Qnity Electronics by 2.6% during the 3rd quarter. Everhart Financial Group Inc. now owns 4,029 shares of the premier technology solutions leader’s stock worth $507,000 after buying an additional 104 shares during the period. Finally, Butensky & Cohen Financial Security Inc. lifted its holdings in Qnity Electronics by 0.3% during the 2nd quarter. Butensky & Cohen Financial Security Inc. now owns 34,132 shares of the premier technology solutions leader’s stock worth $5,574,000 after buying an additional 105 shares during the period.

Qnity Electronics Company Profile

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.