58,715 Shares in Qnity Electronics, Inc. $Q Bought by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL bought a new position in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, Holdings Channel.com reports. The fund bought 58,715 shares of the premier technology solutions leader’s stock, valued at approximately $4,794,000.

Several other hedge funds also recently bought and sold shares of Q. Vanguard Group Inc. bought a new position in shares of Qnity Electronics during the 4th quarter valued at about $2,226,626,000. Massachusetts Financial Services Co. MA bought a new position in shares of Qnity Electronics during the 4th quarter valued at about $125,587,000. UBS Group AG bought a new position in shares of Qnity Electronics during the 4th quarter valued at about $120,414,000. M&T Bank Corp bought a new position in shares of Qnity Electronics during the 4th quarter valued at about $65,334,000. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of Qnity Electronics during the 4th quarter valued at about $44,200,000.

Wall Street Analyst Weigh In

Several research analysts have commented on Q shares. BMO Capital Markets reissued an “outperform” rating and set a $180.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. KeyCorp increased their price objective on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Zacks Research downgraded shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. 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 report on Wednesday, May 13th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Stock Up 5.4%

Shares of NYSE Q opened at $153.15 on Thursday. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. The company has a market cap of $32.06 billion and a P/E ratio of 52.63. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $171.52. The firm has a 50-day simple moving average of $131.02 and a two-hundred day simple moving average of $107.16.

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

Qnity Electronics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.00%.

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.