Qnity Electronics (NYSE:Q) Director Bondt Karin De Purchases 1,000 Shares

Qnity Electronics, Inc. (NYSE:Q) Director Bondt Karin De purchased 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average price of $138.14 per share, for a total transaction of $138,140.00. Following the completion of the purchase, the director directly owned 6,647 shares in the company, valued at $918,216.58. This represents a 17.71% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Qnity Electronics Price Performance

Shares of Q opened at $142.16 on Thursday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.01 and a quick ratio of 1.50. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $177.28. The stock has a market cap of $29.74 billion and a PE ratio of 50.77. The firm has a fifty day moving average price of $145.08 and a 200 day moving average price of $132.85.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings data on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.12. Qnity Electronics had a return on equity of 10.83% and a net margin of 11.25%.The company had revenue of $1.43 billion for the quarter. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, sell-side analysts anticipate that Qnity Electronics, Inc. will post 4.52 EPS for the current year.

Qnity Electronics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a $0.08 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio is 11.43%.

Hedge Funds Weigh In On Qnity Electronics

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at about $2,226,626,000. State Street Corp purchased a new position in Qnity Electronics during the fourth quarter worth about $728,894,000. Geode Capital Management LLC purchased a new position in Qnity Electronics during the fourth quarter worth about $435,786,000. Invesco Ltd. acquired a new stake in Qnity Electronics in the fourth quarter valued at about $385,057,000. Finally, Allspring Global Investments Holdings LLC lifted its position in Qnity Electronics by 741.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 4,375,735 shares of the premier technology solutions leader’s stock valued at $518,787,000 after purchasing an additional 3,855,617 shares during the period.

Wall Street Analyst Weigh In

Several research analysts have commented on Q shares. Royal Bank Of Canada cut their price target on Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 14th. Mizuho increased their price objective on Qnity Electronics from $170.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Weiss Ratings lowered shares of Qnity Electronics from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, August 5th. Zacks Research raised shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Finally, BMO Capital Markets lifted their target price on shares of Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $151.78.

Qnity Electronics Company Profile

Qnity Electronics (NYSE:Q) is a global materials and technology company serving the semiconductor and advanced electronics industries. The company develops specialized materials, components and process solutions used in the manufacture of integrated circuits, advanced packages and other electronic devices.

Its offerings support multiple stages of electronics production, including semiconductor fabrication, wafer processing, advanced packaging and related manufacturing processes. Qnity’s portfolio is designed to help customers improve device performance, reliability and manufacturing efficiency as electronic systems become more complex.

Qnity was established as an independent publicly traded company through the separation of DuPont’s Electronics business.