Brokerages Set Qnity Electronics, Inc. (NYSE:Q) PT at $151.33

Shares of Qnity Electronics, Inc. (NYSE:Q) have earned a consensus rating of “Moderate Buy” from the ten brokerages that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $151.3333.

Q has been the subject of a number of recent research reports. The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Royal Bank Of Canada lifted their target price on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. KeyCorp lifted their target price on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Finally, Mizuho lifted their target price on Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th.

Qnity Electronics Trading Up 0.1%

NYSE:Q opened at $169.15 on Wednesday. The firm has a market cap of $35.41 billion and a PE ratio of 58.13. The stock has a fifty day moving average price of $148.57 and a 200 day moving average price of $117.41. Qnity Electronics has a 12-month low of $70.50 and a 12-month high of $171.52. 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 released 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 firm’s revenue for the quarter 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. Sell-side analysts anticipate that Qnity Electronics will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were 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 was Friday, May 29th. Qnity Electronics’s payout ratio is 11.00%.

Institutional Trading of Qnity Electronics

A number of institutional investors have recently bought and sold shares of Q. Moisand Fitzgerald Tamayo LLC purchased a new stake in Qnity Electronics during the 4th quarter worth about $25,000. Dunhill Financial LLC purchased a new stake in Qnity Electronics during the 4th quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in Qnity Electronics by 71.8% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock worth $25,000 after buying an additional 89 shares during the last quarter. Armstrong Advisory Group Inc. purchased a new stake in Qnity Electronics during the 4th quarter worth about $26,000. Finally, Provenance Wealth Advisors LLC purchased a new stake in Qnity Electronics during the 4th quarter worth about $27,000.

Qnity Electronics Company Profile

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