Mufg Securities Americas Inc. purchased a new position in shares of Qnity Electronics, Inc. (NYSE:Q – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,642 shares of the premier technology solutions leader’s stock, valued at approximately $461,000.
A number of other large investors have also added to or reduced their stakes in Q. Moisand Fitzgerald Tamayo LLC acquired a new stake in Qnity Electronics during the fourth quarter worth approximately $25,000. Dunhill Financial LLC acquired a new stake in Qnity Electronics during the fourth quarter worth approximately $25,000. Armstrong Advisory Group Inc. acquired a new stake in Qnity Electronics during the fourth quarter worth approximately $26,000. Provenance Wealth Advisors LLC acquired a new stake in Qnity Electronics during the fourth quarter worth approximately $27,000. Finally, Motco acquired a new stake in Qnity Electronics during the fourth quarter worth approximately $27,000.
Analyst Ratings Changes
Several research firms have weighed in on Q. Royal Bank Of Canada upped their target price on Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. KeyCorp upped their target price on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Mizuho upped their target price on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. Finally, BMO Capital Markets restated an “outperform” rating and set a $180.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Qnity Electronics presently has an average rating of “Moderate Buy” and a consensus price target of $151.33.
Qnity Electronics Stock Up 6.7%
Shares of Q opened at $160.75 on Tuesday. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $171.52. The stock has a market capitalization of $33.65 billion and a price-to-earnings ratio of 55.24. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12. The stock has a fifty day moving average of $145.28 and a 200-day moving average of $115.37.
Qnity Electronics (NYSE:Q – Get Free Report) last announced its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.32 billion during the quarter. Qnity Electronics’s revenue 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. As a group, sell-side analysts anticipate that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.
Qnity Electronics Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were 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 was Friday, May 29th. Qnity Electronics’s dividend payout ratio is presently 11.00%.
Qnity Electronics Company Profile
Qnity Electronics is a company associated with the electronics sector and listed on the New York Stock Exchange under the ticker symbol Q. Based on the limited reliable information available, the company appears to focus on electronics-related activities, but detailed public information about its specific products, services, operating history, and geographic footprint was not available.
Because verified details about Qnity Electronics are limited, it is not possible to provide a fuller business description without risking inaccuracy.
Featured Stories
- Five stocks we like better than Qnity Electronics
- These 5 Companies Just Made a Massive Bet on Themselves
- 5 Stocks Built to Thrive in a Higher-for-Longer Economy
- RH’s Strong Q1 Still Leaves Investors With One Big Question
- Iran Ceasefire or Not, These 3 Companies Could Win
Want to see what other hedge funds are holding Q? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Qnity Electronics, Inc. (NYSE:Q – Free Report).
Receive News & Ratings for Qnity Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qnity Electronics and related companies with MarketBeat.com's FREE daily email newsletter.
