4,200 Shares in Qnity Electronics, Inc. $Q Bought by Schulhoff & Co. Inc.

Schulhoff & Co. Inc. purchased a new position in shares of Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 4,200 shares of the premier technology solutions leader’s stock, valued at approximately $325,000.

A number of other institutional investors have also recently added to or reduced their stakes in Q. Vanguard Group Inc. purchased a new stake in Qnity Electronics during the 4th quarter worth $2,226,626,000. Geode Capital Management LLC purchased a new stake in Qnity Electronics during the 4th quarter worth $435,786,000. Norges Bank purchased a new stake in Qnity Electronics during the 4th quarter worth $187,700,000. Massachusetts Financial Services Co. MA purchased a new stake in Qnity Electronics during the 4th quarter worth $125,587,000. Finally, UBS Group AG purchased a new stake in Qnity Electronics during the 4th quarter worth $120,414,000.

Analysts Set New Price Targets

A number of analysts recently weighed in on Q shares. BMO Capital Markets reaffirmed an “outperform” rating and set a $180.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. KeyCorp upped their price objective on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. The Goldman Sachs Group reissued a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a research report on Wednesday, May 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. Finally, Zacks Research cut shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $151.33.

Qnity Electronics Stock Performance

Shares of Qnity Electronics stock opened at $142.31 on Monday. The firm has a market cap of $29.79 billion and a PE ratio of 48.91. The firm’s 50-day simple moving average is $141.14 and its 200-day simple moving average is $112.35. 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, Inc. has a 1 year low of $70.50 and a 1 year high of $171.52.

Qnity Electronics (NYSE:Q) last issued its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The company had revenue of $1.32 billion during the quarter. The company’s revenue for the quarter 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 analysts forecast that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s dividend payout ratio is 11.00%.

About Qnity Electronics

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