Qnity Electronics, Inc. (NYSE:Q) Stock Has Average Target Price of $154.36 According to Analysts

Shares of Qnity Electronics, Inc. (NYSE:Q) have received an average rating of “Moderate Buy” from the twelve brokerages that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $154.36.

Several equities research analysts have recently issued reports on Q shares. Weiss Ratings raised Qnity Electronics from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, October 13th. Royal Bank Of Canada cut their target price on Qnity Electronics from $189.00 to $160.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Qnity Electronics in a report on Wednesday, August 5th. Zacks Research cut shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. 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.

Qnity Electronics Trading Up 1.1%

Shares of Q stock opened at $109.95 on Tuesday. 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 stock has a market capitalization of $23.00 billion and a price-to-earnings ratio of 39.27. Qnity Electronics has a 12-month low of $70.50 and a 12-month high of $177.28. The stock’s 50-day moving average price is $123.31 and its 200-day moving average price is $137.52.

Qnity Electronics (NYSE:Q) last released its quarterly earnings results on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.12. Qnity Electronics had a return on equity of 10.83% and a net margin of 11.25%. The business had revenue of $1.43 billion during the quarter. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. Equities research analysts predict that Qnity Electronics will post 4.41 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

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

Insider Transactions at Qnity Electronics

In related news, Director Bondt De bought 1,000 shares of Qnity Electronics stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average cost of $138.14 per share, with a total value of $138,140.00. Following the completion of the transaction, the director owned 6,647 shares in the company, valued at $918,216.58. The trade was a 17.71% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.15% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Qnity Electronics

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC lifted its stake in Qnity Electronics by 71.8% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock worth $25,000 after acquiring an additional 89 shares during the period. Nalls Sherbakoff Group LLC purchased a new position in Qnity Electronics during the fourth quarter valued at approximately $29,000. First Bancorp Inc ME purchased a new position in Qnity Electronics during the second quarter valued at approximately $32,000. Markowski Investments purchased a new position in Qnity Electronics during the second quarter valued at approximately $33,000. Finally, NBH Bank bought a new position in Qnity Electronics in the second quarter worth approximately $34,000.

Qnity Electronics Company Profile

Qnity Electronics, Inc is a global materials and solutions company serving the semiconductor and advanced electronics industries. The company develops and supplies materials used throughout the manufacturing process for integrated circuits, including wafer fabrication, lithography, cleaning, chemical mechanical planarization and advanced packaging.

Its product portfolio includes semiconductor-grade materials such as photoresists, dielectric materials, CMP pads and slurries, cleaners, removers and other process-enabling technologies.