Qnity Electronics, Inc. $Q Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers grew its holdings in Qnity Electronics, Inc. (NYSE:Q) by 25.2% during the first quarter, HoldingsChannel reports. The fund owned 59,846 shares of the premier technology solutions leader’s stock after purchasing an additional 12,041 shares during the period. Cetera Investment Advisers’ holdings in Qnity Electronics were worth $6,905,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in Q. Annis Gardner Whiting Capital Advisors LLC lifted its stake in Qnity Electronics by 71.8% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock worth $25,000 after purchasing an additional 89 shares during the last quarter. Dunhill Financial LLC acquired a new position in Qnity Electronics in the fourth quarter valued at approximately $25,000. Motco acquired a new position in Qnity Electronics in the fourth quarter valued at approximately $27,000. Provenance Wealth Advisors LLC purchased a new position in Qnity Electronics in the fourth quarter valued at approximately $27,000. Finally, Basepoint Wealth LLC purchased a new position in Qnity Electronics in the first quarter valued at approximately $39,000.

Qnity Electronics Trading Up 0.9%

NYSE:Q opened at $131.74 on Friday. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54. The firm has a market cap of $27.58 billion and a P/E ratio of 45.27. The stock’s 50 day simple moving average is $148.31 and its 200-day simple moving average is $130.22. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $177.28.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.31 billion for the quarter. The firm’s quarterly revenue 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 anticipate that Qnity Electronics, Inc. will post 4.16 EPS for the current year.

Qnity Electronics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Monday, August 31st. Qnity Electronics’s dividend payout ratio is currently 11.00%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on Q shares. BMO Capital Markets boosted their price objective on shares of Qnity Electronics from $180.00 to $185.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. Mizuho lifted their price target on shares of Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. The Goldman Sachs Group restated a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, Royal Bank Of Canada cut their target price 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. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $151.78.

Qnity Electronics Company Profile

Qnity Electronics, Inc (NYSE: Q) is an electronics materials and solutions company focused on technologies used in semiconductor and advanced electronics manufacturing. The company supplies materials that support the fabrication, interconnection and packaging of increasingly complex electronic devices.

Its product portfolio includes semiconductor processing materials, electronic chemicals, advanced packaging materials and solutions for printed circuit boards and other electronic components.