Whittier Trust Co. of Nevada Inc. Buys New Shares in Qnity Electronics, Inc. $Q

Whittier Trust Co. of Nevada Inc. bought a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 7,254 shares of the premier technology solutions leader’s stock, valued at approximately $592,000.

A number of other large investors have also added to or reduced their stakes in the company. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Qnity Electronics during the fourth quarter valued at about $25,000. Armstrong Advisory Group Inc. bought a new position in shares of Qnity Electronics during the fourth quarter valued at about $26,000. Provenance Wealth Advisors LLC bought a new position in shares of Qnity Electronics during the fourth quarter valued at about $27,000. Stephens Consulting LLC bought a new position in shares of Qnity Electronics during the fourth quarter valued at about $30,000. Finally, Sound Income Strategies LLC bought a new position in shares of Qnity Electronics during the fourth quarter valued at about $32,000.

Qnity Electronics Trading Up 3.7%

NYSE:Q opened at $136.19 on Friday. The stock has a 50-day moving average of $117.30. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $140.60. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.95. The stock has a market cap of $28.54 billion and a PE ratio of 74.42.

Qnity Electronics (NYSE:Q) last posted its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, topping the consensus estimate of $0.64 by $0.18. The company had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.15 billion. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS.

Qnity Electronics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is currently 17.49%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on Q shares. Royal Bank Of Canada upped their price objective on shares of Qnity Electronics from $118.00 to $133.00 and gave the company an “outperform” rating in a research note on Wednesday, February 25th. Zacks Research raised shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. Mizuho set a $120.00 target price on Qnity Electronics in a report on Monday, February 23rd. Weiss Ratings initiated coverage on shares of Qnity Electronics in a report on Thursday, January 22nd. They issued a “hold (c-)” rating on the stock. Finally, KeyCorp boosted their price objective on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $120.86.

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.