Qnity Electronics, Inc. $Q Shares Bought by Wealthfront Advisers LLC

Wealthfront Advisers LLC raised its position in Qnity Electronics, Inc. (NYSE:Q) by 69.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,375 shares of the premier technology solutions leader’s stock after purchasing an additional 10,790 shares during the quarter. Wealthfront Advisers LLC’s holdings in Qnity Electronics were worth $3,043,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Qnity Electronics during the 4th quarter worth about $25,000. Dunhill Financial LLC purchased a new position in Qnity Electronics in the fourth quarter valued at approximately $25,000. Armstrong Advisory Group Inc. purchased a new position in Qnity Electronics in the fourth quarter valued at approximately $26,000. Provenance Wealth Advisors LLC acquired a new position in Qnity Electronics during the fourth quarter valued at approximately $27,000. Finally, Motco acquired a new position in Qnity Electronics during the fourth quarter valued at approximately $27,000.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. The Goldman Sachs Group reiterated a “buy” rating and set a $165.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Royal Bank Of Canada reduced their target price on shares of Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating on the stock in a report on Tuesday, July 14th. BMO Capital Markets upped their price target on shares of Qnity Electronics from $180.00 to $185.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 price target on Qnity Electronics in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Qnity Electronics has an average rating of “Buy” and a consensus price target of $151.78.

Qnity Electronics Stock Performance

Qnity Electronics stock opened at $136.48 on Monday. The firm has a market capitalization of $28.57 billion and a PE ratio of 46.90. Qnity Electronics, Inc. has a one year low of $70.50 and a one year high of $177.28. The stock’s 50 day moving average price is $152.90 and its 200 day moving average price is $127.25. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.16. The firm had revenue of $1.31 billion during the quarter. Qnity Electronics’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. As a group, sell-side analysts expect that Qnity Electronics, Inc. will post 4.16 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a $0.08 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio is 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.