Wellington Shields & Co. LLC Makes New $330,000 Investment in Qnity Electronics, Inc. $Q

Wellington Shields & Co. LLC acquired a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,037 shares of the premier technology solutions leader’s stock, valued at approximately $330,000.

Other large investors have also recently added to or reduced their stakes in the company. Moisand Fitzgerald Tamayo LLC bought a new stake in Qnity Electronics during the fourth quarter worth about $25,000. Dunhill Financial LLC bought a new stake in Qnity Electronics during the fourth quarter worth about $25,000. Armstrong Advisory Group Inc. bought a new stake in Qnity Electronics during the fourth quarter worth about $26,000. Motco bought a new stake in Qnity Electronics during the fourth quarter worth about $27,000. Finally, Provenance Wealth Advisors LLC bought a new stake in Qnity Electronics during the fourth quarter worth about $27,000.

Wall Street Analyst Weigh In

Q has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft set a $180.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. Mizuho upped their target price on shares of Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. The Goldman Sachs Group reiterated a “buy” rating and set a $165.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. Finally, Zacks Research lowered shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Qnity Electronics presently has a consensus rating of “Moderate Buy” and an average price target of $151.33.

Qnity Electronics Price Performance

Shares of Q stock opened at $164.49 on Wednesday. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $171.52. The firm’s 50 day moving average is $134.72 and its 200-day moving average is $108.76. The firm has a market capitalization of $34.43 billion and a price-to-earnings ratio of 56.53. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last announced its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The company had revenue of $1.32 billion for the quarter. The company’s revenue for the quarter was up 17.6% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. Sell-side analysts forecast that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal 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 $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s dividend payout ratio is currently 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.