Delta Asset Management LLC TN Makes New Investment in Qnity Electronics, Inc. $Q

Delta Asset Management LLC TN bought a new position in shares of Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, Holdings Channel reports. The institutional investor bought 5,012 shares of the premier technology solutions leader’s stock, valued at approximately $409,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in Q. GAMMA Investing LLC bought a new stake in Qnity Electronics during the fourth quarter worth $461,000. Neville Rodie & Shaw Inc. bought a new stake in Qnity Electronics during the fourth quarter worth $526,000. Investors Research Corp bought a new stake in Qnity Electronics during the fourth quarter worth $102,000. Board of the Pension Protection Fund bought a new stake in Qnity Electronics during the fourth quarter worth $73,000. Finally, Canal Capital Management LLC bought a new stake in Qnity Electronics during the fourth quarter worth $331,000.

Wall Street Analysts Forecast Growth

Q has been the subject of a number of research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Royal Bank Of Canada increased their price target on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. BMO Capital Markets reiterated an “outperform” rating and issued a $180.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $151.33.

Qnity Electronics Stock Up 2.7%

Shares of Q opened at $156.88 on Friday. 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 $32.84 billion and a price-to-earnings ratio of 53.91. 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 $132.60 and a 200-day moving average of $107.83.

Qnity Electronics (NYSE:Q) 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 Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is currently 11.00%.

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.