Kera Capital Partners Inc. acquired a new stake in Qnity Electronics, Inc. (NYSE:Q – Free Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 3,525 shares of the premier technology solutions leader’s stock, valued at approximately $288,000.
A number of other institutional investors and hedge funds have also made changes to their positions in Q. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Qnity Electronics during the 4th quarter worth approximately $25,000. Dunhill Financial LLC acquired a new stake in Qnity Electronics in the 4th quarter valued at $25,000. Armstrong Advisory Group Inc. purchased a new stake in Qnity Electronics in the 4th quarter worth $26,000. Motco purchased a new stake in Qnity Electronics in the 4th quarter worth $27,000. Finally, Provenance Wealth Advisors LLC purchased a new stake in Qnity Electronics in the 4th quarter worth $27,000.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. BMO Capital Markets reissued an “outperform” rating and set a $180.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. Zacks Research downgraded shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $151.33.
Qnity Electronics Stock Up 0.1%
Shares of Q opened at $169.15 on Monday. The stock has a 50 day moving average price of $148.57 and a 200 day moving average price of $117.69. Qnity Electronics, Inc. has a one year low of $70.50 and a one year high of $171.52. 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 market capitalization of $35.41 billion and a price-to-earnings ratio of 58.13.
Qnity Electronics (NYSE:Q – Get Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.31 billion during the quarter. The business’s revenue for the quarter 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 research analysts forecast that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.
Qnity Electronics Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were given 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 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.
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