Brooks Moore & Associates Inc. Invests $435,000 in Qnity Electronics, Inc. $Q

Brooks Moore & Associates Inc. bought a new position in Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, HoldingsChannel.com reports. The fund bought 5,325 shares of the premier technology solutions leader’s stock, valued at approximately $435,000.

Other large investors have also recently made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Qnity Electronics in the 4th quarter worth about $25,000. Dunhill Financial LLC bought a new stake in shares of Qnity Electronics in the 4th quarter worth about $25,000. Armstrong Advisory Group Inc. bought a new stake in shares of Qnity Electronics in the 4th quarter worth about $26,000. Provenance Wealth Advisors LLC bought a new stake in shares of Qnity Electronics in the 4th quarter worth about $27,000. Finally, Motco bought a new stake in shares of Qnity Electronics in the 4th quarter worth about $27,000.

Analysts Set New Price Targets

A number of research firms have recently weighed in on Q. BMO Capital Markets restated an “outperform” rating and issued a $180.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Mizuho boosted their target price on shares of Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Royal Bank Of Canada boosted their target price on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. The Goldman Sachs Group reiterated a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. Finally, Zacks Research downgraded shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Stock Performance

Shares of NYSE:Q opened at $156.49 on Thursday. The company has a market capitalization of $32.76 billion and a price-to-earnings ratio of 53.78. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $171.52. The firm’s 50-day moving average is $146.76 and its 200 day moving average is $116.42. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, beating the consensus estimate of $0.92 by $0.16. The firm had revenue of $1.32 billion for the quarter. The business’s quarterly 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. Research analysts predict that Qnity Electronics, Inc. will post 4.08 EPS for the current year.

Qnity Electronics Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, May 29th. Qnity Electronics’s 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.