Horizon Investments LLC Invests $853,000 in Qnity Electronics, Inc. $Q

Horizon Investments LLC bought a new position in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,445 shares of the premier technology solutions leader’s stock, valued at approximately $853,000.

Several other institutional investors and hedge funds also recently modified their holdings of Q. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Qnity Electronics in the fourth quarter worth about $25,000. Dunhill Financial LLC purchased a new position in Qnity Electronics in the fourth quarter valued at about $25,000. Armstrong Advisory Group Inc. purchased a new position in Qnity Electronics in the fourth quarter valued at about $26,000. Provenance Wealth Advisors LLC purchased a new position in Qnity Electronics in the fourth quarter valued at about $27,000. Finally, Stephens Consulting LLC purchased a new position in Qnity Electronics in the fourth quarter valued at about $30,000.

Qnity Electronics Stock Down 3.9%

Shares of NYSE Q opened at $143.67 on Friday. The company’s 50 day moving average price is $124.47. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $151.36. The firm has a market capitalization of $30.11 billion and a PE ratio of 78.51. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.95 and a quick ratio of 1.46.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings data on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.18. The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.15 billion. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS. On average, analysts anticipate that Qnity Electronics, Inc. will post 3.78 EPS for the current year.

Qnity Electronics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.08 per share. The ex-dividend date is Friday, May 29th. This represents a $0.32 annualized dividend and a yield of 0.2%. Qnity Electronics’s dividend payout ratio is presently 17.49%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Mizuho set a $120.00 price target on Qnity Electronics in a report on Monday, February 23rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $170.00 price target on shares of Qnity Electronics in a report on Thursday. Zacks Research downgraded Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Royal Bank Of Canada increased their price target on Qnity Electronics from $139.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Finally, Weiss Ratings began coverage on Qnity Electronics in a research note on Thursday, January 22nd. They set a “hold (c-)” rating on the stock. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $129.57.

Qnity Electronics Profile

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.