IFP Advisors Inc purchased a new stake in Qnity Electronics, Inc. (NYSE:Q – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 26,443 shares of the premier technology solutions leader’s stock, valued at approximately $2,159,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of Q. Vanguard Group Inc. purchased a new position in Qnity Electronics in the fourth quarter valued at about $2,226,626,000. Massachusetts Financial Services Co. MA bought a new position in Qnity Electronics during the 4th quarter worth approximately $125,587,000. UBS Group AG bought a new position in Qnity Electronics during the 4th quarter worth approximately $120,414,000. M&T Bank Corp bought a new position in Qnity Electronics during the 4th quarter worth approximately $65,334,000. Finally, Allspring Global Investments Holdings LLC bought a new position in Qnity Electronics during the 4th quarter worth approximately $44,200,000.
Analyst Ratings Changes
A number of research analysts have commented on the company. Mizuho increased their target price on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft set a $180.00 target price on Qnity Electronics in a report on Wednesday, May 13th. Royal Bank Of Canada increased their target price on Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Finally, KeyCorp increased their target price on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $151.33.
Qnity Electronics Trading Up 2.7%
Shares of NYSE Q opened at $156.88 on Friday. The company has a market cap of $32.84 billion and a price-to-earnings ratio of 53.91. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $171.52. 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’s 50 day simple moving average is $132.60 and its 200 day simple moving average is $107.83.
Qnity Electronics (NYSE:Q – Get Free Report) last announced its quarterly earnings results 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 company had revenue of $1.32 billion during the quarter. The business’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. Equities research analysts expect that Qnity Electronics, Inc. will post 4.08 EPS for the current year.
Qnity Electronics Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is 11.00%.
Qnity Electronics Profile
Qnity Electronics is a materials and technology company focused on serving the electronics industry. The company develops and supplies advanced materials, components, and related solutions used in the manufacture and performance enhancement of electronic devices and systems.
Its offerings are designed to support applications across areas such as semiconductors, printed circuit boards, packaging, and other electronics manufacturing processes. Qnity Electronics works with customers that need high-performance materials and technical expertise for demanding production environments.
Because reliable public information about the company’s history, geographic reach, and leadership was limited, this description is based on its core business focus.
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