Rossmore Private Capital Purchases Shares of 8,494 Qnity Electronics, Inc. $Q

Rossmore Private Capital purchased a new stake in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 8,494 shares of the premier technology solutions leader’s stock, valued at approximately $694,000.

Other hedge funds also recently made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Qnity Electronics during the 4th quarter worth $25,000. Dunhill Financial LLC purchased a new position in shares of Qnity Electronics in the fourth quarter valued at about $25,000. Armstrong Advisory Group Inc. purchased a new position in shares of Qnity Electronics in the fourth quarter valued at about $26,000. Provenance Wealth Advisors LLC purchased a new position in shares of Qnity Electronics in the fourth quarter valued at about $27,000. Finally, Stephens Consulting LLC purchased a new position in shares of Qnity Electronics in the fourth quarter valued at about $30,000.

Qnity Electronics Price Performance

Shares of NYSE Q opened at $148.88 on Tuesday. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54. The stock has a fifty day moving average price of $129.54. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $171.52. The stock has a market capitalization of $31.17 billion and a PE ratio of 81.36.

Qnity Electronics (NYSE:Q) last issued its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The company had revenue of $1.32 billion for the quarter. Qnity Electronics’s revenue for the quarter was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. On average, research analysts expect that Qnity Electronics, Inc. will post 4.08 EPS for the current year.

Qnity Electronics Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on Q shares. Deutsche Bank Aktiengesellschaft set a $180.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. KeyCorp upped their target price on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Mizuho increased their price objective on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently 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.